Fox Corp (FOX) awards RSUs and performance stock options to President and COO
Rhea-AI Filing Summary
Fox Corp President and COO John Nallen received equity-based compensation on August 11, 2026. He was granted 56,015 Restricted Stock Units, each representing one share of Class A common stock, vesting one-third on each of August 15, 2027, 2028, and 2029. He also received 68,536 performance stock options with a strike price of $62.31 per share, expiring August 11, 2036, which may vest if the Class A share price increases at least 15% over the exercise price for 30 consecutive days before August 11, 2029.
Positive
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
NALLEN JOHN
Role
President, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 56,015 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Option (Right to Buy) F3 | 68,536 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 56,015 shares (Direct);
Performance Stock Option (Right to Buy) — 68,536 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: 56,015 units
RSU Vesting Schedule: One-third each in 2027, 2028, 2029
Performance Options Granted: 68,536 options
+3 more
6 metrics
Restricted Stock Units Granted
56,015 units
Granted August 11, 2026 to John Nallen, Class A common stock
RSU Vesting Schedule
One-third each in 2027, 2028, 2029
Vests on August 15, 2027, 2028 and 2029
Performance Options Granted
68,536 options
Performance stock options granted August 11, 2026
Exercise Price
$62.31 per share
Exercise price of performance stock options on Class A common stock
Option Expiration Date
August 11, 2036
Expiration of performance stock options, subject to vesting
Performance Hurdle
15% price increase for 30 days
Class A stock must exceed exercise price by 15% for 30 consecutive days before August 11, 2029
Key Terms
Restricted Stock Units, Performance Stock Option, exercise price, contingent right
4 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
"a 15% increase in the price of 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.
contingent right financial
"represents the contingent right to receive one share of Class A Common Stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did FOX President and COO John Nallen receive on August 11, 2026?
On August 11, 2026, John Nallen received 56,015 Restricted Stock Units and 68,536 performance stock options in Fox Corp Class A common stock as part of his equity compensation.
How do the new Restricted Stock Units for FOX executive John Nallen vest?
The 56,015 RSUs granted to John Nallen vest in three equal installments, one-third on each of August 15, 2027, August 15, 2028, and August 15, 2029, subject to the usual vesting conditions.
What are the key terms of John Nallen’s new performance stock options at FOX?
John Nallen received 68,536 performance stock options with a strike price of $62.31 per share, expiring on August 11, 2036, tied to Fox Corp’s Class A common stock.
What performance condition applies to FOX’s performance stock options granted to John Nallen?
The performance stock options may vest if Fox’s Class A share price rises at least 15% above the $62.31 exercise price for 30 consecutive calendar days between the grant date and August 11, 2029.