New York Times (NYT) director delivers shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
New York Times Company director David S. Perpich reported tax-related share dispositions, not open-market sales. On February 21 and 22, 2026, a total of 736 Class A Common shares (343 and 393) were delivered at $77.99 per share to The New York Times Company to satisfy tax withholding obligations tied to one-third vesting of stock-settled restricted stock units granted in 2023 and 2024 under the 2020 Incentive Compensation Plan. After these transactions, he directly holds 25,702 Class A shares, and additional shares are held indirectly in trusts and as UTMA custodian, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Perpich David S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 343 | $77.99 | $27K |
| Tax Withholding | Class A Common Stock | 393 | $77.99 | $31K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 25,702 shares (Direct);
Class A Common Stock — 1,400,000 shares (Indirect, By trust.)
Footnotes (1)
- Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to the one-third vesting of stock-settled restricted stock units granted on February 21, 2024, under The New York Times Company 2020 Incentive Compensation Plan. Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to the one-third vesting of stock-settled restricted stock units granted on February 22, 2023, under The New York Times Company 2020 Incentive Compensation Plan. The reporting person disclaims beneficial ownership of these shares.
FAQ
What did NYT director David S. Perpich report in this Form 4 for NYT?
David S. Perpich reported tax-related dispositions of New York Times Class A shares. He delivered shares back to the company to cover withholding taxes on vested stock-settled restricted stock units granted in 2023 and 2024 under the 2020 Incentive Compensation Plan.