Fox director Margaret Johnson acquires 66 stock units

The dividend-equivalent units become payable in stock when the underlying deferred stock units are paid out.

Rhea-AI Filing Summary

Fox Corp (symbol: FOX) is the issuer of record for a Form 4 filing submitted to the SEC. Fox Corp director Margaret L. Johnson acquired 66 deferred stock units in a grant on September 23, 2026. Each unit represents one share of Class A common stock, and the units represent accrued dividend equivalents. Her reported position after the transaction was 15,146 deferred stock units, including dividend equivalents that vest on the same terms as their underlying units.

Insider Trade Summary

Grant/Award: 66 shares

Grant/Award 1 txn

Insider Johnson Margaret L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units F1, F2, F3, F4	66	$63.96	$4K

Holdings After Transaction: Deferred Stock Units — 15,146 contracts (Direct)

Footnotes (4)

1. F1. Each deferred stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.
2. F2. Represents dividend equivalents accrued with respect to deferred stock units.
3. F3. The deferred stock units representing dividend equivalents become payable in stock upon the pay out of the underlying deferred stock units. The reported deferred stock units become payable on the earlier of (i) the first trading day of the quarter five years following the grant and (ii) the Reporting Person's end of service as a Director.
4. F4. Represents the aggregate number of deferred stock units held by the Reporting Person, including dividend equivalents accrued that vest on the same terms as the respective underlying deferred stock units.

Key Figures

Deferred stock units acquired: 66 units Deferred stock units after transaction: 15,146 units Share equivalence: 1 Class A common share per deferred stock unit +1 more

4 metrics

Deferred stock units acquired 66 units Grant on September 23, 2026; represents dividend equivalents

Deferred stock units after transaction 15,146 units Aggregate position including dividend equivalents

Share equivalence 1 Class A common share per deferred stock unit Each deferred stock unit represents the equivalent of one share

Payment timing First trading day of the quarter five years following the grant The earlier of this date and the reporting person's end of service as a director

Key Terms

Deferred Stock Units, dividend equivalents, first trading day

3 terms

Deferred Stock Units financial

"Each deferred stock unit represents the equivalent of one share"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

dividend equivalents financial

"Represents dividend equivalents accrued with respect to deferred 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.

first trading day technical

"the first trading day of the quarter five years following the grant"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many deferred stock units did a Fox Corp (FOX) director acquire?

Margaret L. Johnson, a director of Fox Corp, acquired 66 deferred stock units on September 23, 2026, representing dividend equivalents. Her reported position after the transaction was 15,146 deferred stock units.

When do Margaret L. Johnson's Fox Corp (FOX) deferred stock units become payable?

The reported deferred stock units become payable on the earlier of the first trading day of the quarter five years following the grant and Margaret L. Johnson's end of service as a director. The dividend-equivalent units become payable in stock when the underlying deferred stock units are paid out.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/24/2026 - 05:20 PM Accepted by SEC EDGAR 09/24/2026 - 05:20 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Johnson Margaret L

(Last) (First) (Middle)

C/O FOX CORPORATION

1211 AVENUE OF THE AMERICAS

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Fox Corp [ FOX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	09/23/2026		A		66(2)		(3)	(3)	Class A Common Stock	66	$63.96	15,146(4)	D

Explanation of Responses:

1. Each deferred stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.

2. Represents dividend equivalents accrued with respect to deferred stock units.

3. The deferred stock units representing dividend equivalents become payable in stock upon the pay out of the underlying deferred stock units. The reported deferred stock units become payable on the earlier of (i) the first trading day of the quarter five years following the grant and (ii) the Reporting Person's end of service as a Director.

4. Represents the aggregate number of deferred stock units held by the Reporting Person, including dividend equivalents accrued that vest on the same terms as the respective underlying deferred stock units.

Remarks:

	/s/ Laura A. Cleveland as Attorney-in-Fact for Margaret L. Johnson	09/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)