Form 4: News Corp Director Natalie Bancroft Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Natalie Bancroft, a director at News Corp, reported transactions involving Class A Common Stock and Deferred Stock Units on October 9, 2024.
Summary
- On October 9, 2024, Natalie Bancroft, a director of News Corp, reported transactions related to News Corp Class A Common Stock.
- These transactions involved the acquisition and disposal of deferred stock units, as well as the settlement of deferred stock units for cash.
- Bancroft acquired 12 Class A Common Stock and disposed of 12 Class A Common Stock for $25.91.
- She also acquired 180 deferred stock units representing dividend equivalents.
- Following these transactions, Bancroft beneficially owns 48,479 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 respective grant and (ii) the Reporting Person's end of service as a Director.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
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 insider transactions, which is a standard practice for publicly traded companies. It provides transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding director's transactions.
Key Dates
| Date | Description |
|---|---|
| 10/09/2024 | Date of earliest transaction involving Class A Common Stock and Deferred Stock Units. |
| 10/11/2024 | Date of signature for the Form 4 filing. |
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