Fox Corp (FOX) awards 35,841 performance stock units to Keith Rupert Murdoch
Rhea-AI Filing Summary
MURDOCH KEITH RUPERT reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp reported that Chairman Emeritus Keith Rupert Murdoch received a compensation-related grant of 35,841 Performance Stock Units tied to Fox Corporation's Class A Common Stock. Each unit represents the contingent right to receive one share upon vesting, scheduled for August 15, 2026, following achievement of pre-determined performance measures over a three-year performance period that began with an original award in August 2023.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MURDOCH KEITH RUPERT
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units F1, F2 | 35,841 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Stock Units — 35,841 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: 35,841 units
Transaction price per unit: $0.00
Units outstanding after transaction: 35,841 units
+3 more
6 metrics
Performance Stock Units granted
35,841 units
Grant/award acquisition of Performance Stock Units reported on 2026-08-07
Transaction price per unit
$0.00
Compensation-related grant, not a market purchase or sale
Units outstanding after transaction
35,841 units
Total Performance Stock Units held directly following the reported grant
Underlying Class A shares on vesting
35,841 shares
Each unit represents the contingent right to receive one share upon vesting
Vesting date
August 15, 2026
Scheduled vesting of Performance Stock Units into Class A Common Stock
Original award month
August 2023
Performance Stock Units were originally awarded in August 2023
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 did Keith Rupert Murdoch report in this Form 4 for FOX?
Keith Rupert Murdoch reported a grant of 35,841 Performance Stock Units linked to Fox Corporation’s Class A Common Stock, representing a compensation-related award acquisition rather than an open-market purchase or sale.
How many Fox Corp (FOX) Performance Stock Units were granted?
The filing shows a grant of 35,841 Performance Stock Units. Each unit represents the contingent right to receive one share of Fox Corporation’s Class A Common Stock if and when the award vests.
When do Keith Rupert Murdoch’s FOX Performance Stock Units vest?
The Performance Stock Units are scheduled to vest on August 15, 2026. Upon vesting, each unit converts into one share of Fox Corporation’s Class A Common Stock, subject to the award’s terms.
What conditions apply to the Fox Corp (FOX) Performance Stock Units granted?
The units were granted after the achievement of pre-determined performance measures over a three-year performance period. Vesting into shares on August 15, 2026 depends on the award’s specific performance and service terms.
Is the reported FOX Form 4 transaction a buy or sell in the market?
No market trade is reported. The Form 4 reflects a grant/award acquisition of 35,841 Performance Stock Units at a $0.00 per-unit transaction price, rather than a purchase or sale on the open market.