BENTEN R ANTHONY 4
4 · NEW YORK TIMES CO · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
NYT SVP/Treasurer Benten R. Anthony Receives Performance Award
What Happened
Benten R. Anthony, Senior Vice President, Treasurer & Chief Accounting Officer of The New York Times Company (NYT), received equity awards on Feb 26, 2026 and concurrently delivered shares to the company to satisfy tax withholding. He was awarded 7,085 shares under a performance-based award and 550 restricted stock units (7,635 total). To cover tax withholding, 2,887 shares and 121 shares were delivered (disposed) at an effective price of $77.38, generating withholding value of $223,396 and $9,363 respectively (total ~$232,759). Net, Anthony acquired 4,627 shares/units from these entries.
Key Details
- Transaction date: February 26, 2026. Filing date: March 2, 2026 (timely filed).
- Grants/acquisitions: 7,085 shares (performance award, $0.00 acquisition price) and 550 restricted stock units ($0.00 acquisition price).
- Withholding/dispositions: 2,887 shares and 121 shares withheld at $77.38 per share (total withholding value ≈ $232,759).
- Net change: +4,627 shares/units after withholding.
- Footnotes: F1 = performance-based award covering Jan 1, 2023–Dec 31, 2025; F3 = stock-settled RSUs that vest in three equal annual installments beginning Feb 26, 2027; F2 & F4 = shares delivered to NYT to satisfy tax withholding.
- Shares owned after the transaction are not specified in the provided filing excerpt.
Context
This filing reflects equity compensation being issued and routine share withholding to cover tax obligations (a common, cashless method). The performance award is tied to prior performance metrics and the RSUs granted will vest over future years (not immediately tradable). These award-and-withhold transactions are compensation-related and do not necessarily indicate the insider’s personal buying or selling intent in the open market.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-02-26+7,085→ 44,564 total - Tax Payment
Class A Common Stock
[F2]2026-02-26$77.38/sh−2,887$223,396→ 41,677 total - Award
Class A Common Stock
[F3]2026-02-26+550→ 42,227 total - Tax Payment
Class A Common Stock
[F4]2026-02-26$77.38/sh−121$9,363→ 42,106 total
Footnotes (4)
- [F1]Represents shares acquired by the reporting person upon the achievement of specific goals under pre-established performance measures over a performance period from January 1, 2023, to December 31, 2025, pursuant to a performance-based equity award under The New York Times Company 2020 Incentive Compensation Plan.
- [F2]Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to shares acquired pursuant to the performance-based equity award under The New York Times Company 2020 Incentive Compensation Plan.
- [F3]Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests in three equal annual installments beginning on February 26, 2027, assuming continued employment through the applicable vesting date.
- [F4]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 26, 2025, under The New York Times Company 2020 Incentive Compensation Plan.