Form 4: News Corp Director's Equity Transactions

News Corp Director Masroor Siddiqui settled 2,371 deferred stock units for cash and acquired 1,861 new units on January 2, 2026.

Summary

• Masroor Siddiqui, a Director at News Corp (NWS), reported transactions involving the company's Class A Common Stock and Deferred Stock Units (DSUs).
• On January 2, 2026, 2,371 Deferred Stock Units were settled for the cash value equivalent of Class A Common Stock.
• Concurrently, 2,371 shares of Class A Common Stock were acquired and immediately disposed of for cash, reflecting the settlement of the DSUs.
• On the same date, 1,861 new Deferred Stock Units were acquired.
• Each Deferred Stock Unit represents the equivalent of one share of News Corporation's Class A Common Stock.
• The DSUs become payable in cash on the earlier of (i) the first trading day of the quarter five years following the grant or (ii) the Reporting Person's end of service as a Director.
• Following these transactions, Masroor Siddiqui beneficially owns 40,564 Deferred Stock Units.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions involving both the settlement of existing deferred stock units for cash and the acquisition of new deferred stock units, indicating a mixed activity without a clear positive or negative sentiment for the company's immediate outlook.

Positives

• The Director acquired 1,861 new Deferred Stock Units, indicating continued equity participation in the company's long-term incentive plans.

Negatives

• The Director settled 2,371 Deferred Stock Units for cash, reducing their direct equity exposure from those specific units.

Future Outlook

The acquired Deferred Stock Units will become payable in cash on the earlier of the first trading day of the quarter five years following their grant or the Director's end of service.

Related Party Transactions

• Acquisition of 1,861 Deferred Stock Units as part of the Director's compensation plan.

Stakeholder Impact

• Shareholders: Minor impact as these are routine insider compensation and settlement transactions, not indicative of major strategic shifts or financial performance.

Next Steps

• Future vesting and cash payment of the remaining 40,564 Deferred Stock Units based on the specified terms.

Key Dates

Keywords

News Corp, NWS, Form 4, Insider Transaction, Director, Deferred Stock Units, Equity Compensation, Beneficial Ownership