Form 4: Lachlan Murdoch Reports Changes in Beneficial Ownership of News Corp Stock

Lachlan Murdoch, a director of News Corp, reports the settlement and acquisition of deferred stock units, impacting his beneficial ownership of Class A Common Stock.

Summary

• On January 2, 2025, Lachlan Murdoch settled 3,013 deferred stock units for cash equivalent to the value of News Corporation's Class A Common Stock.
• He also acquired 1,775 deferred stock units at a price of $27.46 per unit.
• Following these transactions, Murdoch directly owns 114 shares of Class A Common Stock and 47,241 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 regulatory filing detailing stock transactions, 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

This filing is a routine disclosure related to changes in beneficial ownership by a company director, which is a common occurrence in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in Murdoch's holdings, but it's unlikely to be significant.

Key Dates