Form 4: Jose Maria Aznar Reports Transaction in News Corp (NWS) Stock
SEC Form 4 Filing
Director Jose Maria Aznar reports the settlement and acquisition of News Corp Class A Common Stock and Deferred Stock Units.
Summary
- Jose Maria Aznar, a director of News Corp, reported a transaction involving Class A Common Stock on January 2, 2025.
- Aznar settled 3,013 deferred stock units for cash equivalent to the value of 3,013 shares of Class A Common Stock.
- Aznar also acquired 1,775 deferred stock units at a price of $27.46 per unit.
- Following these transactions, Aznar beneficially owns 1,087 shares of Class A Common Stock directly and 47,241 deferred stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
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 insider transactions, providing transparency to investors regarding the actions of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of transaction: settlement of deferred stock units and acquisition of new units. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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