Form 4: Jose Maria Aznar Reports Changes in Beneficial Ownership of News Corp Stock
SEC Form 4 Filing
Jose Maria Aznar, a News Corp director, reports transactions involving Class A Common Stock and Deferred Stock Units.
Summary
- On October 9, 2024, Jose Maria Aznar, a director of News Corp, reported transactions involving Class A Common Stock.
- Aznar acquired 12 shares of Class A Common Stock through the settlement of deferred stock units.
- Aznar also disposed of 12 shares of Class A Common Stock for $25.91.
- Additionally, Aznar acquired 180 deferred stock units representing dividend equivalents.
- Following these transactions, Aznar beneficially owns 1,087 shares of Class A Common Stock directly and 48,479 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 respective grant and (ii) the Reporting Person's end of service as a Director.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key individuals within the company.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they involve a small number of shares and are related to director compensation.
Key Dates
| Date | Description |
|---|---|
| 10/09/2024 | Date of transactions involving Class A Common Stock and Deferred Stock Units |
| 10/11/2024 | Date of signature on the Form 4 filing |
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