Form 4: News Corp Director Ana Paula Pessoa Executes DSU Settlement

Director Ana Paula Pessoa settled 1,644 deferred stock units for cash and was granted 1,972 new units at News Corp.

Summary

• Director Ana Paula Pessoa settled 1,644 deferred stock units (DSUs) for cash on April 1, 2026.
• The settlement was valued at $24.71 per share, totaling approximately $40,623.24.
• Following the settlement, the director was granted 1,972 new deferred stock units.
• The total number of deferred stock units held by the director increased to 40,892.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine regulatory filing regarding director compensation that does not signal a change in company strategy or financial health.

Positives

• Continued alignment of director interests with company performance through deferred stock unit holdings.
• Transparent disclosure of director compensation and equity-linked incentives.

Negatives

• The transaction represents a cash settlement of equity-linked units rather than a direct purchase of common stock.

Risks

• Exposure to fluctuations in News Corp Class A Common Stock price affecting the value of future deferred stock unit settlements.

Future Outlook

The reporting person continues to hold 40,892 deferred stock units which are payable in cash upon the earlier of five years following the grant or the end of service as a Director.

Management Comments

• The deferred stock units were deemed to have settled for the cash value of an equivalent number of shares of News Corporation's Class A Common Stock.

Industry Context

StockSavvy.ai notes that this transaction is a routine administrative settlement of director compensation, common among large-cap media conglomerates to manage equity-based incentive plans.

Comparison to Industry Standards

• The use of deferred stock units as a component of director compensation is consistent with standard corporate governance practices at major media firms like Disney or Paramount.
• Cash settlement of DSUs is a standard mechanism to provide directors with equity-linked compensation without immediate dilution of common shares.

Stakeholder Impact

• No material impact on shareholders, employees, or creditors as this is a standard compensation settlement.

Next Steps

• Future settlement of remaining 40,892 deferred stock units upon the earlier of five years from grant or end of director service.

Key Dates

Keywords

News Corp, NWS, Director, Insider Trading, Deferred Stock Units, Equity Compensation