Form 4: Paul Ryan Reports Acquisition of Fox Corp Deferred Stock Units
SEC Form 4 Filing
Director Paul Ryan reports the acquisition of deferred stock units in Fox Corporation.
Summary
- Paul Ryan, a director of Fox Corporation, reported the acquisition of 205 deferred stock units on September 25, 2024.
- These units represent dividend equivalents accrued with respect to deferred stock units and will be 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.
- Following the transaction, Ryan beneficially owns 32,417 deferred stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock unit acquisition, a routine part of executive compensation.
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
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of deferred stock units by a director can signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 09/25/2024 | Date of transaction: Acquisition of deferred stock units. |
| 09/26/2024 | Date of signature on the Form 4 filing. |
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