Form 4: News Corp Director Aznar Reports Stock Transactions

Jose Maria Aznar, a News Corp director, reported the acquisition and disposal of Class A Common Stock and deferred stock units.

Summary

• On April 10, 2024, Jose Maria Aznar, a director of News Corp, reported transactions involving Class A Common Stock and deferred stock units.
• Aznar acquired 13 shares of Class A Common Stock and disposed of 13 shares at a price of $25.51.
• Aznar also acquired 196 deferred stock units and had 13 deferred stock units settled for cash.
• Following these transactions, Aznar beneficially owns 1,087 shares of Class A Common Stock directly and 51,011 deferred stock units.
• The deferred stock units represent the equivalent of one share of News Corp's Class A Common Stock and become payable in cash on specific dates.

Sentiment

Score: 5

Explanation: The document is a standard regulatory 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 respective grant and (ii) the Reporting Person's end of service as a Director.

Industry Context

This filing is a routine disclosure of stock transactions by a company director, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders as they represent routine stock activity by a director.

Key Dates