Perpich of New York Times (NYT) reports awards and tax-share deliveries
Rhea-AI Filing Summary
New York Times Company director David S. Perpich reported equity award activity and related tax withholding in Class A Common Stock. On February 26, 2026, he delivered 319 shares and 9,628 shares to The New York Times Company at $77.38 per share to satisfy tax withholding obligations tied to restricted stock unit vesting and a performance-based equity award.
He was granted 1,650 stock-settled restricted stock units, each representing one share of Class A Common Stock, which vest in three equal annual installments beginning February 26, 2027, assuming continued employment. He also acquired 20,244 shares upon achievement of specific goals under pre-established performance measures for the period from January 1, 2023 to December 31, 2025 under the 2020 Incentive Compensation Plan.
Following these transactions, Perpich reports direct ownership of 37,469 Class A shares. He also reports indirect holdings of 1,400,000 shares and 11,000 shares held by trusts and 491 and 492 shares as UTMA custodian for minor children, while disclaiming beneficial ownership of these indirect holdings.
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FAQ
What did NYT director David S. Perpich report in this Form 4?
How many New York Times shares were delivered to cover taxes in this filing?
What new restricted stock units did David S. Perpich receive from NYT?
What performance-based New York Times shares did Perpich acquire?
What is David S. Perpich’s direct NYT share ownership after these transactions?
What indirect New York Times share holdings are associated with David S. Perpich?