Form 4: Fox Corp CFO Steven Tomsic Sells 30,000 Shares of Class A Common Stock
SEC Form 4 Filing
Fox Corporation's Chief Financial Officer, Steven Tomsic, sold 30,000 shares of Class A Common Stock at an average price of $34.26 on June 7, 2024.
Summary
- On June 7, 2024, Steven Tomsic, the Chief Financial Officer of Fox Corporation, sold 30,000 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $34.26 per share.
- The prices ranged from $34.20 to $34.35 per share.
- Following the transaction, Tomsic directly owns 110,568 shares of Fox Corporation's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This transaction is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a high-ranking executive could be perceived negatively by some investors, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of the transaction: Steven Tomsic sold 30,000 shares of Class A Common Stock. |
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