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 April 1, 2024, Lachlan Murdoch settled 3,475 deferred stock units for cash equivalent to News Corporation's Class A Common Stock.
• The same day, Murdoch acquired 1,695 deferred stock units at a price of $25.81.
• Following these transactions, Murdoch directly owns 114 shares of Class A Common Stock and 50,828 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, indicating neutral sentiment. It simply reports transactions without expressing any positive or negative outlook.

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 changes in beneficial ownership by a company director, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of a key company director.

Key Dates