Form 4: News Corp Director Aznar Reports Stock Unit Transactions

Jose Maria Aznar, a News Corp director, reported the settlement and acquisition of deferred stock units on April 1, 2024.

Summary

• On April 1, 2024, Jose Maria Aznar, a director of News Corp, reported transactions involving Class A Common Stock and deferred stock units.
• Aznar settled 3,475 deferred stock units for cash, receiving $25.81 per share, and acquired 1,695 additional deferred stock units at the same price.
• Following these transactions, Aznar directly owns 1,087 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: This is a neutral regulatory filing, reflecting standard insider trading activity. It doesn't inherently indicate 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

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This filing indicates director Aznar's ongoing investment and compensation structure related to News Corp.

Stakeholder Impact

• The filing provides transparency to shareholders regarding director Aznar's holdings and transactions in News Corp stock.

Key Dates