Permalinks for parent/child pages and custom post types

I have this custom structure set for my permalinks: /archive/%postname%

With this, my URLs show as example.com/parent/child, which is the desired behavior. However, I’m adding a custom post type and this permalink structure is causing undesired URLs for the CPT. I want the permalink to be example.com/news/headline, but I’m getting example.com/archive/news/headline.

Here’s my CPT:

Is there a better permalink structure I could use to achieve the URLs I require? Or is there something missing/wrong in my CPT that would fix this issue?