New York Times (NYT) CFO William Bardeen Delivers 485 Shares for Taxes

What Happened
William Bardeen, Chief Financial Officer of The New York Times Company, delivered 485 shares back to the company on Aug 10, 2026 to satisfy tax withholding obligations related to a one‑third vesting of stock‑settled restricted stock units. The shares were valued at $63.54 each, for a total of $30,817. This was not an open‑market sale but a share delivery to cover taxes (transaction code F).

Key Details

• Transaction date and price: Aug 10, 2026 — 485 shares at $63.54 each (total $30,817)
• Transaction type: Tax withholding / delivery of shares to satisfy tax liabilities for vested RSUs (Form 4 code F)
• Footnote: The shares cover withholding for one‑third vesting of RSUs granted on Aug 10, 2023 under the NYT 2020 Incentive Compensation Plan.
• Shares owned after transaction: Not reported in this filing.
• Filing timeliness: Report filed Aug 13, 2026 for an Aug 10 transaction; this appears to be after the typical two‑business‑day reporting window.

Context
Delivering shares to cover tax withholding is a routine administrative event when stock awards vest and does not indicate a discretionary sale or change in sentiment. For retail investors, such transactions are generally less informative than open‑market purchases or voluntary sales because they reflect tax obligations rather than a manager’s buy/sell decision.