Form 4: News Corp Executive Marygrace DeGrazio Reports Acquisition of Stock-Settled Restricted Stock Units

Marygrace DeGrazio, Chief Accounting Officer of News Corp, reports the acquisition of stock-settled restricted stock units representing dividend equivalents.

Summary

• Marygrace DeGrazio, Chief Accounting Officer of News Corp, filed a Form 4 with the SEC.
• The report details the acquisition of stock-settled restricted stock units on April 9, 2025.
• These units represent dividend equivalents accrued on previously granted restricted stock units.
• The dividend equivalents become payable in shares upon vesting of the underlying units.
• Ms. DeGrazio acquired 27, 48, 58, and 90 stock-settled restricted stock units at a price of $23.97 each.
• Following these transactions, Ms. DeGrazio directly owns 6,516, 11,658, 14,197 and 21,868 stock-settled restricted stock units respectively.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the sentiment is neutral.

Positives

• The acquisition of stock-settled restricted stock units indicates continued alignment of the executive's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of stock-settled restricted stock units by a key executive could be viewed positively by shareholders, as it aligns management's interests with the company's performance.

Key Dates

Keywords

Form 4, SEC, stock-settled restricted stock units, dividend equivalents, Marygrace DeGrazio, News Corp, NWS, Chief Accounting Officer