Form 4: Ana Paula Pessoa Reports Changes in Beneficial Ownership of News Corp (NWS)
SEC Form 4 Filing
Director Ana Paula Pessoa reports transactions involving News Corp Class A Common Stock and Deferred Stock Units.
Summary
- On April 10, 2024, Ana Paula Pessoa, a director of News Corp, reported transactions involving Class A Common Stock and Deferred Stock Units.
- 13 Class A Common Stock were disposed of at a price of $25.51.
- 196 Deferred Stock Units were acquired, representing dividend equivalents accrued with respect to previously granted deferred stock units.
- 13 Deferred Stock Units were disposed of, representing dividend equivalents accrued on deferred stock units held as of the dividend record date that vested on April 1, 2024.
- Following these transactions, Pessoa beneficially owns 51,011 Deferred Stock Units.
- These deferred stock units become payable in cash on the earlier of (i) the first trading day of the quarter five years following the respective grant and (ii) the Reporting Person's end of service as a Director.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, which doesn't inherently convey positive or negative sentiment. It's a neutral disclosure of activity.
Future Outlook
The deferred stock units become payable in cash on the earlier of (i) the first trading day of the quarter five years following the respective 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 and regulated to ensure transparency in the market. It provides information about the trading activities of company insiders, allowing investors to gain insights into their perspectives on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date of transactions involving Class A Common Stock and Deferred Stock Units. |
| 04/12/2024 | Date of signature for the Form 4 filing. |
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