Fox Corp (FOX) CFO Steven Tomsic awarded 40,155 performance stock units vesting in 2026
Rhea-AI Filing Summary
Tomsic Steven reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp Chief Financial Officer Steven Tomsic reported an award of 40,155 Performance Stock Units. Each unit represents the contingent right to receive one share of Fox Corporation’s Class A Common Stock upon vesting. The units were earned after achieving pre-determined performance measures over a three-year performance period and are scheduled to vest in shares on August 15, 2026. Following this grant, Tomsic holds 40,155 Performance Stock Units directly.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tomsic Steven
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units F1, F2 | 40,155 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Stock Units — 40,155 shares (Direct)
Footnotes (2)
- F1. Each performance stock unit represents the contingent right to receive one share of Fox Corporation's Class A Common Stock upon vesting.
- F2. The performance stock units, originally awarded in August 2023, were granted to the Reporting Person after the achievement of pre-determined performance measures over the three-year performance period and shall vest in shares of Fox Corporation's Class A Common Stock on August 15, 2026.
Key Figures
Performance Stock Units granted: 40,155 units
Transaction price per unit: $0.00
Underlying Class A shares: 40,155 shares
+3 more
6 metrics
Performance Stock Units granted
40,155 units
Grant of Performance Stock Units to CFO on 2026-08-07
Transaction price per unit
$0.00
Reported price per Performance Stock Unit in the award
Underlying Class A shares
40,155 shares
Each unit represents one share of Class A Common Stock
Vesting / exercise date
August 15, 2026
Performance Stock Units vest and expire on this date
Holdings after grant
40,155 units
Total Performance Stock Units held directly after this award
Performance period length
three-year performance period
Award earned after pre-determined performance measures over three years
Key Terms
Performance Stock Units, Class A Common Stock, three-year performance period
3 terms
Performance Stock Units financial
"Each performance stock unit represents the contingent right to receive one share"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Class A Common Stock financial
"receive one share of Fox Corporation's Class A Common Stock upon vesting"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
three-year performance period financial
"achievement of pre-determined performance measures over the three-year performance period"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Fox Corp (FOX) CFO Steven Tomsic report in this Form 4?
CFO Steven Tomsic reported an acquisition of 40,155 Performance Stock Units, each convertible into one share of Fox Corporation’s Class A Common Stock upon vesting on August 15, 2026.
How many Performance Stock Units did the FOX CFO receive and at what price?
Steven Tomsic received 40,155 Performance Stock Units at a reported transaction price of $0.00 per unit. These units are equity awards, not open-market purchases, and convert into Class A Common Stock upon vesting.
When do Steven Tomsic’s Fox Corp (FOX) Performance Stock Units vest?
The Performance Stock Units are scheduled to vest on August 15, 2026. Upon vesting, each unit entitles the holder to receive one share of Fox Corporation’s Class A Common Stock, subject to award terms.
What performance conditions applied to the FOX CFO’s Performance Stock Units?
The units were granted after achieving pre-determined performance measures over a three-year performance period. Only after these measures were met was the award confirmed, with vesting set for August 15, 2026.
How many Fox Corp (FOX) Performance Stock Units does Steven Tomsic hold after this transaction?
After this transaction, Steven Tomsic directly holds 40,155 Performance Stock Units. Each unit represents a contingent right to receive one share of Fox Corporation’s Class A Common Stock upon vesting.