Form 4: Chase Carey Reports Acquisition of Fox Corp Deferred Stock Units

Chase Carey, a director of Fox Corporation, reported the acquisition of deferred stock units representing dividend equivalents.

Summary

• On March 26, 2024, Chase Carey, a director of Fox Corporation, acquired 269 deferred stock units representing dividend equivalents.
• These units are equivalent to shares of Fox Corporation's Class A Common Stock.
• The price of the underlying stock was $30.58.
• These deferred stock units become payable in stock upon the payout of the underlying deferred stock units, either five years after the grant date or upon the director's end of service.
• Following the transaction, Carey beneficially owns 32,212 deferred stock units.

Sentiment

Score: 5

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

Future Outlook

The deferred stock units will become payable in stock either five years after the grant date or upon the director's end of service.

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