Fox Corp grants 66,930 performance stock units to COO
NALLEN JOHN reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
NALLEN JOHN reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp reported that President and COO John Nallen received a compensation-related grant of 66,930 Performance Stock Units tied to Fox Corporation Class A Common Stock. Each unit represents the contingent right to receive one share upon vesting. The units were originally awarded in August 2023, following achievement of pre-determined performance measures over a three-year performance period, and are scheduled to vest in shares on August 15, 2026. After this award, Nallen holds 66,930 such performance stock units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units F1, F2 | 66,930 | $0.00 | $0.00 |
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
Key Terms
Performance Stock Units financial
contingent right financial
vesting financial
pre-determined performance measures financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity award did Fox Corp (FOX) report for John Nallen?
When do John Nallen’s newly reported Fox Corp (FOX) Performance Stock Units vest?
What does each Performance Stock Unit represent in the Fox Corp (FOX) Form 4?
Were performance goals involved in John Nallen’s Fox Corp (FOX) stock unit grant?
How many Performance Stock Units in total does John Nallen hold at Fox Corp (FOX) after this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.