Fox legal chief acquires 67, 83 and 117 stock units
The three awards have separate vesting schedules, with the latest installments scheduled for August 15, 2029.
Rhea-AI Filing Summary
Fox Corp (FOX) Chief Legal and Policy Officer Adam G. Ciongoli acquired 67, 83 and 117 restricted stock units on September 23, 2026; each amount represents dividend equivalents accrued with respect to restricted stock units.
Each unit represents the equivalent of one share of Class A Common Stock. The transactions were not reported as made under a Rule 10b5-1 plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 267 shares
Grant/Award
3 txns
Insider
Ciongoli Adam G.
Role
Chief Legal and Policy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3, F4 | 67 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F5, F4 | 83 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F6, F4 | 117 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 59,450 contracts (Direct)
Footnotes (6)
- F1. Each restricted stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.
- F2. Represents dividend equivalents accrued with respect to restricted stock units.
- F3. The restricted stock units vested one-third on August 15, 2025, one-third on August 15, 2026 and the remainder of the award will vest on August 15, 2027.
- F4. Represents the aggregate number of restricted stock units with respect to a specific grant that are held by the Reporting Person, including dividend equivalents accrued that vest on the same terms as the respective underlying restricted stock units.
- F5. The restricted stock units vested one-third on August 15, 2026, will vest one-third on August 15, 2027 and the remainder of the award will vest on August 15, 2028.
- F6. The restricted stock units will vest one-third on each of August 15, 2027, August 15, 2028 and August 15, 2029.
Key Figures
Dividend-equivalent restricted stock units: 67 restricted stock units
Dividend-equivalent restricted stock units: 83 restricted stock units
Dividend-equivalent restricted stock units: 117 restricted stock units
3 metrics
Dividend-equivalent restricted stock units
67 restricted stock units
The award vested one-third on August 15, 2025 and August 15, 2026; the remainder will vest on August 15, 2027.
Dividend-equivalent restricted stock units
83 restricted stock units
The award vested one-third on August 15, 2026; one-third will vest on August 15, 2027, and the remainder on August 15, 2028.
Dividend-equivalent restricted stock units
117 restricted stock units
The award will vest in thirds on August 15, 2027, August 15, 2028 and August 15, 2029.
Key Terms
restricted stock units, dividend equivalents, vest
3 terms
restricted stock units financial
"Each restricted stock unit represents the equivalent of 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.
dividend equivalents financial
"Represents dividend equivalents accrued with respect to restricted stock units"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
vest financial
"will vest one-third on August 15, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many restricted stock units did FOX's chief legal officer acquire?
Chief Legal and Policy Officer Adam G. Ciongoli acquired 67, 83 and 117 restricted stock units on September 23, 2026. The footnote says the amounts represent dividend equivalents accrued with respect to restricted stock units, and each unit represents the equivalent of one share of Class A Common Stock.
When do Adam G. Ciongoli's FOX restricted stock units vest?
The 67-unit award vested one-third on August 15, 2025, one-third on August 15, 2026, and the remainder will vest on August 15, 2027. The 83-unit award vested one-third on August 15, 2026; one-third will vest on August 15, 2027, and the remainder on August 15, 2028. The 117-unit award will vest in thirds on August 15, 2027, August 15, 2028 and August 15, 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.