Form 4: Keith Rupert Murdoch Reports Acquisition of Cash-Settled Restricted Stock Units in News Corp

Keith Rupert Murdoch, Chairman Emeritus of News Corp, reports the acquisition of cash-settled restricted stock units representing dividend equivalents.

Summary

• Keith Rupert Murdoch, Chairman Emeritus of News Corp, filed a Form 4 on April 11, 2025.
• The report details the acquisition of cash-settled restricted stock units on April 9, 2025.
• Murdoch acquired 45 cash-settled restricted stock units representing dividend equivalents related to previously granted units.
• He also acquired 117 cash-settled restricted stock units representing dividend equivalents related to previously granted units.
• The price of the underlying Class A Common Stock for these units is $23.97.
• Following these transactions, Murdoch directly owns 10,931 and 28,221 cash-settled restricted stock units respectively.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, indicating a standard transaction. It doesn't inherently suggest positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates

Keywords

Form 4, News Corp, Murdoch, Cash-Settled Restricted Stock Units, Dividend Equivalents, Beneficial Ownership, NWS