Form 4: Lachlan Murdoch Reports Changes in Beneficial Ownership of News Corp Stock
SEC Form 4 Filing
Lachlan Murdoch, a director of News Corp, reports transactions involving Class A Common Stock and Deferred Stock Units.
Summary
- On October 9, 2024, Lachlan Murdoch reported transactions involving News Corp Class A Common Stock and Deferred Stock Units.
- Murdoch acquired 12 shares of Class A Common Stock and disposed of 12 shares at a price of $25.91.
- He also acquired 180 Deferred Stock Units representing dividend equivalents.
- Murdoch holds a total of 48,479 Deferred Stock Units, which become payable in cash on the earlier of (i) the first trading day of the quarter five years following the grant and (ii) his end of service as a Director.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transactions reported do not inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of News Corp's directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
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 report. |
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