Form 4: News Corp Director Masroor Siddiqui Reports Stock Unit Transactions

Director Masroor Siddiqui reports the settlement and acquisition of News Corp Class A Common Stock deferred stock units.

Summary

• On April 1, 2024, Masroor Siddiqui, a director of News Corp, settled 3,475 deferred stock units for cash, equivalent to the same number of Class A Common Stock shares.
• The transaction was executed at a price of $25.81 per share.
• Siddiqui also acquired 1,695 deferred stock units on the same date.
• Following these transactions, Siddiqui beneficially owns 50,828 deferred stock units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by a company director, with no inherent positive or negative implications.

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 common practice among publicly traded companies.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they involve deferred stock units held by a director.

Key Dates