Fox Corp (FOX) awards 66,930 performance stock units to President and COO John Nallen
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NALLEN JOHN
Role
President, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units F1, F2 | 66,930 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Stock Units — 66,930 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: 66,930 units
Underlying Class A Common Stock: 66,930 shares
Transaction date: 2026-08-07
+2 more
5 metrics
Performance Stock Units granted
66,930 units
Grant of Performance Stock Units to President and COO John Nallen
Underlying Class A Common Stock
66,930 shares
Each unit represents the right to receive one share upon vesting
Transaction date
2026-08-07
Date of reported grant/award acquisition of Performance Stock Units
Vesting date
2026-08-15
Scheduled vesting date when units convert into Class A Common Stock
Total PSUs held after transaction
66,930 units
Direct holdings of Performance Stock Units by John Nallen after this award
Key Terms
Performance Stock Units, contingent right, vesting, pre-determined performance measures
4 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.
contingent right financial
"represents the contingent right to receive one share of Fox Corporation's Class A"
vesting financial
"shall vest in shares of Fox Corporation's Class A Common Stock on August 15, 2026"
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.
pre-determined performance measures financial
"after the achievement of pre-determined performance measures over the three-year"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did Fox Corp (FOX) report for John Nallen?
Fox Corp reported that President and COO John Nallen received 66,930 Performance Stock Units, each representing a contingent right to one share of Class A Common Stock, as part of his equity compensation.
When do John Nallen’s newly reported Fox Corp (FOX) Performance Stock Units vest?
The 66,930 Performance Stock Units granted to John Nallen are scheduled to vest in shares of Fox Corporation’s Class A Common Stock on August 15, 2026, following a three-year performance period.
What does each Performance Stock Unit represent in the Fox Corp (FOX) Form 4?
Each Performance Stock Unit represents the contingent right to receive one share of Fox Corporation’s Class A Common Stock upon vesting, effectively functioning as performance-based restricted equity.
Were performance goals involved in John Nallen’s Fox Corp (FOX) stock unit grant?
Yes. The Performance Stock Units were granted after achievement of pre-determined performance measures assessed over a three-year performance period, and will vest in shares if conditions are met through August 15, 2026.
How many Performance Stock Units in total does John Nallen hold at Fox Corp (FOX) after this filing?
After the reported transaction, John Nallen holds 66,930 Performance Stock Units directly, each linked to one potential share of Fox Corporation’s Class A Common Stock upon vesting.