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

Lachlan Murdoch, a director of News Corp, reports transactions involving Class A Common Stock and Deferred Stock Units.

Summary

• On April 10, 2024, Lachlan Murdoch, a director of News Corp, reported transactions involving News Corp's Class A Common Stock and Deferred Stock Units.
• Murdoch acquired 13 shares of Class A Common Stock through the settlement of deferred stock units.
• He also disposed of 13 shares of Class A Common Stock for $25.51 each.
• Additionally, he acquired 196 deferred stock units representing dividend equivalents.
• Following these transactions, Murdoch directly owns 114 shares of Class A Common Stock and 51,011 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 respective grant and (ii) the Reporting Person's end of service as a Director.

Sentiment

Score: 5

Explanation: This is a neutral filing reporting transactions. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions reported may provide stakeholders with insights into the director's view of the company's stock value.

Key Dates