Fox Corp (FOX) awards RSUs and performance stock options to CEO Lachlan Murdoch
Rhea-AI Filing Summary
Fox Corp Executive Chair and CEO Lachlan K. Murdoch reported compensation-related equity awards. He received 172,354 restricted stock units, each representing one share of Class A common stock, vesting one-third on August 15 of 2027, 2028 and 2029. He was also granted 210,881 performance stock options with a $62.31 exercise price, expiring on August 11, 2036. These options may vest and become exercisable on August 11, 2029 if the Class A share price increases at least 15% over the exercise price for at least 30 consecutive calendar days from grant through that date.
Positive
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Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MURDOCH LACHLAN K
Role
Executive Chair, CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 172,354 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Option (Right to Buy) F3 | 210,881 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 172,354 shares (Direct);
Performance Stock Option (Right to Buy) — 210,881 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents the contingent right to receive one share of Fox Corporation's Class A Common Stock upon vesting.
- F2. The restricted stock units will vest one-third on each of August 15, 2027, August 15, 2028 and August 15, 2029.
- F3. The performance stock options may vest and become exercisable on August 11, 2029, based on the attainment of a 15% increase in the price of Fox Corporation's Class A Common Stock over the exercise price for at least 30 consecutive calendar days during the period from the date of grant to August 11, 2029.
Key Figures
Restricted stock units granted: 172,354 units
RSU vesting dates: August 15, 2027; 2028; 2029
Performance options granted: 210,881 options
+3 more
6 metrics
Restricted stock units granted
172,354 units
Compensation award of RSUs representing Class A common stock granted August 11, 2026
RSU vesting dates
August 15, 2027; 2028; 2029
RSUs vest one-third on each of these dates
Performance options granted
210,881 options
Performance stock options on Class A common stock granted August 11, 2026
Option exercise price
$62.31 per share
Exercise price of performance stock options
Performance hurdle
15% price increase
Required rise over $62.31 for 30 consecutive days before August 11, 2029
Option expiration date
August 11, 2036
Expiration of performance stock options if unexercised
Key Terms
Restricted Stock Units, Performance Stock Option, exercise price, Class A Common Stock, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents the contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Option financial
"The performance stock options may vest and become exercisable on August 11, 2029"
exercise price financial
"increase in the price of Fox Corporation's Class A Common Stock over the exercise price"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
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.
vesting financial
"restricted stock units will vest one-third on each of August 15, 2027, August 15, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Lachlan Murdoch receive in this Fox (FOX) Form 4?
Lachlan Murdoch received 172,354 restricted stock units and 210,881 performance stock options for Fox Class A common stock as compensation-related awards granted on August 11, 2026.
What are the vesting terms of the 172,354 Fox (FOX) restricted stock units?
The 172,354 restricted stock units vest in three equal installments, one-third on each of August 15, 2027, August 15, 2028, and August 15, 2029, assuming continued satisfaction of the award’s conditions.
What is the exercise price and size of Lachlan Murdoch’s new Fox (FOX) performance options?
Lachlan Murdoch was granted 210,881 performance stock options with an exercise price of $62.31 per share, each relating to Fox Corporation’s Class A common stock and expiring on August 11, 2036.
What performance condition applies to the new Fox (FOX) performance stock options?
The performance stock options may vest on August 11, 2029 if Fox’s Class A share price rises at least 15% above the $62.31 exercise price for at least 30 consecutive calendar days between grant and that date.
Are Lachlan Murdoch’s Fox (FOX) equity awards immediately exercisable or fully vested?
The equity awards are not immediately fully vested. Restricted stock units vest in thirds from 2027–2029, and performance stock options may vest on August 11, 2029 only if the specified 15% share-price performance condition is met.