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 October 1, 2024, Lachlan Murdoch settled 3,121 deferred stock units for cash equivalent to the value of News Corporation's Class A Common Stock.
• The price per share was $26.41.
• Murdoch also acquired 1,845 deferred stock units.
• Following these transactions, Murdoch directly owns 114 shares of Class A Common Stock and 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 standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

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 the market regarding the holdings and transactions of News Corp's director, Lachlan Murdoch. It reflects his ongoing compensation and investment in the company.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It offers insights into the director's investment in the company.

Key Dates