New York Times Co (NYT) director delivers 131 shares to cover RSU tax
Rhea-AI Filing Summary
New York Times Co director David S. Perpich delivered 131 Class A Common shares on 2026-08-10 to The New York Times Company to satisfy tax withholding obligations related to the one-third vesting of previously granted stock-settled restricted stock units. The shares were valued at $63.54 per share, leaving him with 27,838 directly held shares afterward. Additional Class A shares are held indirectly in trusts and UTMA custodial accounts, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 131 shares
Net Sell
5 txns
Insider
Perpich David S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 131 | $63.54 | $8K |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 27,838 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 (2)
- 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 August 10, 2023, under The New York Times Company 2020 Incentive Compensation Plan.
- F2. The reporting person disclaims beneficial ownership of these shares.
Key Figures
Shares delivered for tax withholding: 131 shares
Per-share value: $63.54 per share
Direct holdings after transaction: 27,838 shares
3 metrics
Shares delivered for tax withholding
131 shares
Class A Common Stock delivered on 2026-08-10 to satisfy tax withholding
Per-share value
$63.54 per share
Value used for the 131-share tax-withholding delivery
Direct holdings after transaction
27,838 shares
Class A Common Stock directly held by David S. Perpich following the disposition
Key Terms
restricted stock units, 2020 Incentive Compensation Plan, UTMA custodian
3 terms
restricted stock units financial
"one-third vesting of stock-settled restricted stock units granted on August 10, 2023"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Incentive Compensation Plan financial
"granted on August 10, 2023, under The New York Times Company 2020 Incentive Compensation Plan"
UTMA custodian financial
"nature_of_ownership: As UTMA custodian for minor child."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NYT director David S. Perpich report on this Form 4?
David S. Perpich reported delivering 131 Class A shares of New York Times Co on 2026-08-10 at $63.54 per share to cover tax withholding obligations from vesting restricted stock units.
Was the August 2026 NYT insider transaction an open market sale?
No. The 131-share transaction reported by David S. Perpich reflects payment of tax withholding to the company upon vesting of stock-settled restricted stock units, not an open market sale of shares.