NYT (NYT) CFO Bardeen delivers 911 shares to cover RSU taxes
Rhea-AI Filing Summary
New York Times Company executive William Bardeen, EVP and Chief Financial Officer, delivered shares of Class A Common Stock back to the company to cover tax withholding on vesting equity awards. These were tax-withholding dispositions, not open-market sales.
He delivered 655 shares on February 21, 2026, and 256 shares on February 22, 2026, tied to one-third vesting of stock-settled restricted stock units granted in 2023 and 2024 under the company’s 2020 Incentive Compensation Plan. After these transactions, he directly holds 10,332 Class A shares.
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Insights
Routine tax share deliveries, no open-market selling signal.
The transactions involve William Bardeen delivering a total of 911 Class A shares to The New York Times Company to satisfy tax withholding on vesting restricted stock units granted in 2023 and 2024.
Code F transactions are classified as tax-withholding dispositions, which means the shares are used to cover tax liabilities rather than sold in the market. This is standard for equity compensation programs and does not indicate discretionary buying or selling decisions.
Following these events, Bardeen’s direct ownership stands at 10,332 Class A shares. Future equity vesting and related tax settlements may continue to generate similar non-market insider dispositions as long-term awards vest over time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 256 | $77.99 | $20K |
| Tax Withholding | Class A Common Stock | 655 | $77.99 | $51K |
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.