Form 4: Fox Corp Director Anthony J. Abbott Acquires Additional Deferred Stock Units

Director Anthony J. Abbott acquired 41 deferred stock units of Fox Corp, including dividend equivalents, on September 25, 2024.

Summary

• On September 25, 2024, Anthony J. Abbott, a director of Fox Corp, acquired 41 deferred stock units.
• These units include dividend equivalents accrued with respect to existing deferred stock units.
• Each deferred stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.
• The price of the underlying Class A Common Stock was $41.98.
• The deferred stock units become payable in stock upon the payout of the underlying deferred stock units, vesting 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.
• Following the transaction, Abbott holds an aggregate of 6,517 deferred stock units, including accrued dividend equivalents.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of insider transactions. The acquisition of stock units by a director is generally viewed positively, but it's not a major event.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future.

Future Outlook

The 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

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates