Rupert Murdoch exercises options, sells 168,756 FOX Class A shares
Rhea-AI Filing Summary
Fox Corp (FOX): Chairman Emeritus Keith Rupert Murdoch reported an option exercise and sale on 11/07/2025. He exercised options for 168,756 Class A shares at $33.50 per share and sold the same number in open‑market transactions at a weighted average price of $65.97, with individual sale prices ranging from $65.50 to $66.48. Following these transactions, his direct holdings were 0 shares. He also reported 60,132 shares held indirectly by the K. Rupert Murdoch 2004 Revocable Trust.
Positive
- None.
Negative
- None.
Insights
Routine option exercise and same‑day sale; neutral signal.
Keith Rupert Murdoch exercised stock options at an exercise price of $33.50 on 11/07/2025 for 168,756 Class A shares and sold the same amount in open‑market trades at a weighted average of $65.97.
The filing notes sales occurred across multiple prices between $65.50 and $66.48. After these transactions, direct ownership was 0 shares, with 60,132 shares reported as indirectly held via a revocable trust.
These are standard insider mechanics (exercise coded “M” and sale coded “S”). Actual market impact depends on trading volume and was not addressed in the excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 168,756 | $0.00 | -- |
| Exercise | Class A Common Stock | 168,756 | $33.50 | $5.65M |
| Sale | Class A Common Stock | 168,756 | $65.97 | $11.13M |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range. Sales prices range from $65.50 to $66.48 per share, inclusive.