Form 4: Jose Maria Aznar Reports Changes in Beneficial Ownership of News Corp (NWS)

Jose Maria Aznar, a News Corp director, reports the settlement and acquisition of deferred stock units, impacting his beneficial ownership of Class A Common Stock.

Summary

• On July 1, 2024, Jose Maria Aznar, a director of News Corp, reported transactions involving Class A Common Stock.
• Aznar settled 3,210 deferred stock units for cash, receiving $27.29 per share, and acquired 1,786 deferred stock units.
• Following these transactions, Aznar directly owns 1,087 shares of Class A Common Stock and 49,587 deferred stock units.
• The deferred stock units become payable in cash 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.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.

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 grant and (ii) the Reporting Person's end of service as a Director.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership of company securities, providing transparency to the market.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a company director.

Key Dates