Fox Corp grants RSUs and performance options to CEO

Fox Corp Executive Chair and CEO Lachlan K. Murdoch reported compensation-related equity awards.

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.

Insider Trade Summary

Grant/Award: 383,235 shares

Grant/Award 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 contracts (Direct); Performance Stock Option (Right to Buy) — 210,881 contracts (Direct)

Footnotes (3)

1. F1. Each restricted stock unit represents the contingent right to receive one share of Fox Corporation's Class A Common Stock upon vesting.
2. F2. The restricted stock units will vest one-third on each of August 15, 2027, August 15, 2028 and August 15, 2029.
3. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/12/2026 - 05:15 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MURDOCH LACHLAN K

(Last) (First) (Middle)

C/O FOX CORPORATION

1211 AVENUE OF THE AMERICAS

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Fox Corp [ FOX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chair, CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	08/11/2026		A		172,354		(2)	(2)	Class A Common Stock	172,354	$0	172,354	D
Performance Stock Option (Right to Buy)	$62.31	08/11/2026		A		210,881		(3)	08/11/2036	Class A Common Stock	210,881	$0	210,881	D

Explanation of Responses:

1. Each restricted stock unit represents the contingent right to receive one share of Fox Corporation's Class A Common Stock upon vesting.

2. The restricted stock units will vest one-third on each of August 15, 2027, August 15, 2028 and August 15, 2029.

3. 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.

Remarks:

	/s/ Laura A. Cleveland as Attorney-in-Fact for Lachlan K. Murdoch	08/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)