New York Times (NYT) director delivers shares to cover RSU taxes
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
Net Seller: 736 shares
Net Sell
6 txns
Insider
Perpich David S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 343 | $77.99 | $27K |
| Exercise Price or Tax Liability | 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 — 1,411,000 shares (Indirect, By trust.);
Class A Common Stock — 983 shares (Indirect, As UTMA custodian for minor child.)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. The reporting person disclaims beneficial ownership of these shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.