New York Times Co (NYT) CFO uses 485 shares to cover tax withholding
Rhea-AI Filing Summary
William Bardeen, EVP and Chief Financial Officer of New York Times Co, delivered 485 shares of Class A Common Stock on August 10, 2026 to The New York Times Company to satisfy tax withholding obligations tied to the one-third vesting of stock-settled restricted stock units granted on August 10, 2023 under the 2020 Incentive Compensation Plan. Following this transaction, he directly holds 14,075 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 485 shares
Net Sell
1 txn
Insider
Bardeen William
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 485 | $63.54 | $31K |
Holdings After Transaction:
Class A Common Stock — 14,075 shares (Direct)
Footnotes (1)
- 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.
Key Figures
Shares delivered for tax withholding: 485 shares
Per-share value for withholding: $63.54 per share
Shares owned after transaction: 14,075 shares
+1 more
4 metrics
Shares delivered for tax withholding
485 shares
Class A Common Stock delivered on August 10, 2026 to satisfy tax withholding obligations
Per-share value for withholding
$63.54 per share
Assigned to the 485 Class A shares delivered for tax withholding
Shares owned after transaction
14,075 shares
Directly held Class A Common Stock by William Bardeen following the August 10, 2026 transaction
Original RSU grant date
August 10, 2023
Grant date of stock-settled restricted stock units that partially vested, triggering tax withholding
Key Terms
restricted stock units, tax withholding obligations, Incentive Compensation Plan
3 terms
restricted stock units financial
"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.
tax withholding obligations financial
"to satisfy tax withholding obligations related to the one-third vesting"
Incentive Compensation Plan financial
"under The New York Times Company 2020 Incentive Compensation Plan"
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
FAQ
What did NYT executive William Bardeen report in this Form 4 transaction?
William Bardeen delivered 485 NYT Class A shares to The New York Times Company to cover tax withholding obligations related to vesting restricted stock units granted in 2023 under the 2020 Incentive Compensation Plan.
Was William Bardeen’s NYT Form 4 transaction an open-market sale?
No. The Form 4 shows 485 shares delivered to the company to satisfy tax withholding obligations on vesting restricted stock units, not a discretionary open-market sale of New York Times Co shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.