Form 4: News Corp Director Ana Paula Pessoa Reports Stock Transactions
SEC Form 4 Filing
Director Ana Paula Pessoa reports acquisition and disposal of News Corp Class A Common Stock and Deferred Stock Units.
Summary
- On October 9, 2024, Ana Paula Pessoa, a director of News Corp, reported transactions involving Class A Common Stock and Deferred Stock Units.
- She acquired 12 shares of Class A Common Stock and disposed of 12 shares at a price of $25.91.
- She also acquired 180 Deferred Stock Units representing dividend equivalents.
- Following these transactions, Pessoa directly owns 12 shares of Class A Common Stock and 48,479 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 respective grant and (ii) the Reporting Person's end of service as a Director.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by providing insight into director's stock activity.
Key Dates
| Date | Description |
|---|---|
| 10/09/2024 | Date of earliest transaction: Acquisition and disposal of Class A Common Stock and Deferred Stock Units. |
| 10/11/2024 | Date of report signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.