FOXA.NASDAQFox CORP

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

Sentiment:

SEC Filing


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

Summary

  • Chase Carey, a director of Fox Corporation, filed a Form 4 with the SEC.
  • The filing reports the acquisition of 150 deferred stock units representing dividend equivalents accrued with respect to deferred stock units on March 26, 2025.
  • These deferred stock units become payable in stock upon the payout of the underlying deferred stock units and will be paid out on the earlier of (i) the first trading day of the quarter five years following the grant and (ii) the Reporting Person's end of service as a Director.
  • The price of the underlying Class A Common Stock was $55.21.
  • Following the transaction, Carey beneficially owns 31,348 deferred stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, indicating standard insider activity.

Future Outlook

The deferred stock units become payable in stock upon the payout of the underlying deferred stock units. The reported deferred stock units become payable on the earlier of (i) the first trading day of the quarter five years following the grant and (ii) the Reporting Person's end of service as a Director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

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

Key Dates

DateDescription
03/26/2025Date of transaction: Acquisition of deferred stock units.
03/27/2025Date of report filing.

Keywords

Form 4, SEC, Fox Corporation, Deferred Stock Units, Chase Carey, Director, Dividend Equivalents, Beneficial Ownership

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