Bardeen William 4

4 · NEW YORK TIMES CO · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 2, 2026

New York Times (NYT) CFO William Bardeen Receives Awards

What Happened

William Bardeen, Chief Financial Officer of The New York Times Company, received equity awards on Feb 26, 2026 and delivered shares to the company to satisfy tax withholding. He was granted 31,668 shares under a performance-based award (priced at $0.00) and 6,600 stock-settled restricted stock units (RSUs) (priced at $0.00). To satisfy tax withholding obligations, 16,173 shares were delivered at $77.38 each ($1,251,467) and an additional 746 shares were delivered at $77.38 each ($57,725). Total awards granted = 38,268 shares; total shares delivered for taxes = 16,919 shares (approx. $1,309,192).

Key Details

Transaction date: February 26, 2026
Grants: 31,668 performance-based shares @ $0.00; 6,600 RSUs @ $0.00
Withholding deliveries: 16,173 shares @ $77.38 = $1,251,467; 746 shares @ $77.38 = $57,725
Total granted: 38,268 shares; total delivered for taxes: 16,919 shares (~$1.31M)
Shares owned after transaction: Not specified in the provided filing excerpt
Notable footnotes:
- F1: Performance award vested based on goals for Jan 1, 2023–Dec 31, 2025.
- F3: RSUs are stock-settled, vest in three equal annual installments beginning Feb 26, 2027 (subject to continued employment).
- F2 & F4: Shares were delivered to the company to satisfy tax withholding (not open-market sales).
Filing: Form 4 filed March 2, 2026 reporting the Feb 26, 2026 transactions; filing does not indicate late status in the excerpt.

Context

The tax-related “disposals” here are share surrenders to the company to cover withholding, not open-market sales; these are routine and do not necessarily indicate a change in insider sentiment.
The RSUs vest in future installments (starting 2027), so part of the grant is time-based and contingent on continued employment. The performance grant reflects achievement of multi-year targets (2023–2025).

Form 4

Period: 2026-02-26

EVP, Chief Financial Officer

Transactions

Award
Class A Common Stock
[F1]
2026-02-26+31,668→ 42,000 total
Tax Payment
Class A Common Stock
[F2]
2026-02-26$77.38/sh−16,173$1,251,467→ 25,827 total
Award
Class A Common Stock
[F3]
2026-02-26+6,600→ 32,427 total
Tax Payment
Class A Common Stock
[F4]
2026-02-26$77.38/sh−746$57,725→ 31,681 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.

Signature

/s/ Michael A. Brown, Attorney-in-fact for William Bardeen|2026-03-02

1 file