Form 4: News Corp Director Kelly Ayotte Reports Stock Unit Transactions
SEC Form 4 Filing
Director Kelly Ayotte reports the settlement and acquisition of News Corp Class A Common Stock deferred stock units.
Summary
- On April 1, 2024, Kelly Ayotte, a director of News Corp, settled 3,475 deferred stock units for cash, equivalent to the value of 3,475 shares of Class A Common Stock.
- The price per share was $25.81.
- Also on April 1, 2024, Ayotte acquired 1,695 deferred stock units.
- Following these transactions, Ayotte beneficially owns 50,828 deferred stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding director stock ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Settlement of 3,475 deferred stock units for cash and acquisition of 1,695 deferred stock units. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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