Form 4: Chase Carey Acquires Additional Fox Corp Deferred Stock Units

Director Chase Carey acquired 205 deferred stock units of Fox Corporation (FOX) on September 25, 2024, representing dividend equivalents.

Summary

• On September 25, 2024, Chase Carey, a director of Fox Corporation, acquired 205 deferred stock units representing dividend equivalents.
• These units are convertible to Class A Common Stock.
• The price of the derivative security is $41.98.
• The deferred stock units become payable in stock upon the payout of the underlying deferred stock units, vesting on the earlier of the first trading day of the quarter five years following the grant or the Reporting Person's end of service as a Director.
• Following the transaction, Carey beneficially owns 32,417 deferred stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The deferred stock units become payable in stock upon the payout of the underlying deferred stock units, vesting on the earlier of the first trading day of the quarter five years following the grant or Carey's end of service as a director.

Industry Context

This filing is a routine disclosure of a director's acquisition of deferred stock units, a common form of executive compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it involves deferred stock units granted to a director.

Key Dates