Form 4: News Corp Director Ana Paula Pessoa Reports Stock Unit Transactions

Director Ana Paula Pessoa reports the settlement and acquisition of News Corp Class A Common Stock deferred stock units.

Summary

• On April 1, 2024, Ana Paula Pessoa, a director of News Corp, settled 3,475 deferred stock units for cash equivalent to the value of News Corporation's Class A Common Stock.
• On the same date, Pessoa also acquired 1,695 deferred stock units at a price of $25.81.
• Following these transactions, Pessoa beneficially owns 50,828 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 SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

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 stock unit transactions by a company director, which is a common practice among publicly traded companies to ensure transparency and compliance with SEC regulations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in beneficial ownership of News Corp stock.

Key Dates