NYT director Perpich sells 9,000 shares, gifts 500
NEW YORK TIMES CO director David S. Perpich reported an open-market sale and a charitable gift of Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
NEW YORK TIMES CO director David S. Perpich reported an open-market sale and a charitable gift of Class A Common Stock. He sold 9,000 shares on May 11, 2026 at $77.06 per share in an open-market transaction.
On the same date, he made a bona fide gift of 500 directly owned shares to a donor-advised fund for charitable purposes. After these transactions, he holds 27,969 shares directly. He also reports indirect holdings as UTMA custodian for minor children and through trusts, while disclaiming beneficial ownership of those indirect shares.
Insider Trade Summary
Net Seller: 9,000 shares
Net Sell
6 txns
Insider
Perpich David S.
Role
Director
Sold
9,000 shs ($694K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,000 | $77.06 | $694K |
| Gift | Class A Common Stock | 500 | $0.00 | $0.00 |
| 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 — 27,969 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. All shares were sold at the same price.
- F2. On May 11, 2026, the reporting person donated 500 shares of directly owned Class A Common Stock to a donor-advised fund, which will use the gifted shares for charitable purposes.
- F3. The reporting person disclaims beneficial ownership of these shares.
Key Figures
Shares sold: 9,000 shares
Sale price: $77.06 per share
Shares gifted: 500 shares
+5 more
8 metrics
Shares sold
9,000 shares
Class A Common Stock sold in open market on May 11, 2026 at $77.06
Sale price
$77.06 per share
Price for 9,000 Class A shares; all sold at same price
Shares gifted
500 shares
Bona fide gift of directly owned Class A shares to donor-advised fund
Direct holdings after transactions
27,969 shares
Direct Class A Common Stock owned following sale and gift
Trust holdings (large)
1,400,000 shares
Class A shares held by trust; beneficial ownership disclaimed
Trust holdings (additional)
11,000 shares
Class A shares held by another trust; beneficial ownership disclaimed
UTMA custodial holding 1
492 shares
Indirect holding as UTMA custodian for minor child
UTMA custodial holding 2
491 shares
Second indirect holding as UTMA custodian for minor child
Key Terms
bona fide gift, donor-advised fund, UTMA custodian, beneficial ownership, +1 more
5 terms
bona fide gift financial
"transaction code description indicates a Bona fide gift of shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor-advised fund financial
"shares were donated to a donor-advised fund for charitable purposes"
A donor-advised fund is a charitable giving account that lets an individual or family deposit cash, stock, or other assets now, get an immediate tax benefit, and then recommend grants to charities over time. Think of it like a private charitable bucket you control without running a charity yourself; investors care because it’s a tax-efficient way to give appreciated securities, can change when and how donated shares enter the market, and affects personal and corporate tax planning.
UTMA custodian financial
"nature of ownership notes holdings as UTMA custodian for minor child"
beneficial ownership financial
"the reporting person disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
open-market sale financial
"transaction action describes an open-market sale of Class A Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NYT director David S. Perpich report on this Form 4 for NYT?
David S. Perpich reported two key moves: an open-market sale of 9,000 shares of Class A Common Stock at $77.06 per share and a bona fide gift of 500 directly owned shares to a donor-advised fund for charitable purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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