Form 4: Jose Maria Aznar Reports Changes in Beneficial Ownership of News Corp (NWS) Stock
SEC Form 4 Filing
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 October 1, 2024, Jose Maria Aznar, a director of News Corp, reported changes in his beneficial ownership of News Corp Class A Common Stock.
- Aznar settled 3,121 deferred stock units for cash, receiving $26.41 per share, and disposed of 3,121 shares of Class A Common Stock.
- He also acquired 1,845 deferred stock units.
- Following these transactions, Aznar directly owns 1,087 shares of Class A Common Stock and 48,311 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 standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
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
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: settlement of deferred stock units and acquisition of additional units |
| 10/03/2024 | Date of signature of the report |
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