Form 4: Kelly Ayotte Reports Changes in Beneficial Ownership of News Corp Stock

Director Kelly Ayotte reports the settlement and acquisition of News Corp Class A Common Stock deferred stock units.

Summary

• On October 1, 2024, Kelly Ayotte settled 3,121 deferred stock units for cash, equivalent to the same number of News Corporation's Class A Common Stock shares.
• The transaction was executed at a price of $26.41 per share.
• Ayotte also acquired 1,845 deferred stock units on the same date.
• Following these transactions, Ayotte beneficially owns 48,311 deferred stock units.
• These 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 stock transactions by a company director, with no inherent 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 disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent standard equity-based compensation adjustments for a director.

Key Dates