Form 4: Fox Corp Director Margaret L. Johnson Reports Acquisition of Deferred Stock Units

Director Margaret L. Johnson reported the acquisition of deferred stock units in Fox Corporation, according to a Form 4 filing with the SEC.

Summary

• On September 25, 2024, Margaret L. Johnson, a director of Fox Corporation, acquired 41 deferred stock units representing dividend equivalents accrued with respect to deferred stock units.
• These deferred stock units are payable in stock upon the payout of the underlying deferred stock units, becoming 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.
• The price of the deferred stock units was $41.98.
• Following the transaction, Johnson beneficially owns 6,517 deferred stock units.

Sentiment

Score: 5

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

Future Outlook

The deferred stock units will 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 is a routine disclosure related to director compensation and holdings, common in publicly traded companies.

Stakeholder Impact

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

Key Dates