Fox Corp (FOX) COO exercises 137,711 units, 65,864 shares for tax
Rhea-AI Filing Summary
Fox Corp (FOX) executive John Nallen, President and COO, reported multiple equity award-related transactions in Class A Common Stock on August 15, 2026. He exercised restricted and performance stock units into common shares and had shares delivered or withheld to pay the exercise price or tax liabilities at specified values. After these transactions, 295,508 Class A shares are reported as held indirectly by trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 71,847 shares
Net Buy
13 txns
Insider
NALLEN JOHN
Role
President, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 25,946 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F3 | 24,961 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 19,874 | $0.00 | $0.00 |
| Exercise | Performance Stock Units F1 | 66,930 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 25,946 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 12,025 | $69.04 | $830K |
| Exercise | Class A Common Stock F1 | 24,961 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 11,569 | $69.04 | $799K |
| Exercise | Class A Common Stock F1 | 19,874 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 9,678 | $69.04 | $668K |
| Exercise | Class A Common Stock F1 | 66,930 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 32,592 | $69.04 | $2.25M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 64,718 shares (Direct);
Performance Stock Units — 0 shares (Direct);
Class A Common Stock — 254,913 shares (Direct);
Class A Common Stock — 295,508 shares (Indirect, By Trusts)
Footnotes (4)
- F1. Each restricted stock unit and performance stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.
- F2. The restricted stock units vested one-third on August 15, 2024, one-third on August 15, 2025 and the remainder of the award vested on August 15, 2026.
- 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. 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.
Key Figures
Derivative shares exercised: 137,711 shares
Shares for exercise price or tax: 65,864 shares
Code F transaction price: $69.04 per share
+3 more
6 metrics
Derivative shares exercised
137,711 shares
Total exerciseShares for derivative transactions (code M) on August 15, 2026
Shares for exercise price or tax
65,864 shares
exercisePriceOrTaxLiabilityShares in code F transactions at $69.04 per share
Code F transaction price
$69.04 per share
Per-share value for Class A Common Stock delivered or withheld in code F transactions
Indirect holdings by trusts
295,508 shares
Class A Common Stock reported as indirectly owned "By Trusts" after transactions
Derivative transaction count
4 transactions
Number of derivative (RSU/PSU) transactions with code M
Exercise-price or tax-liability transactions
4 transactions
Number of Class A Common Stock transactions coded F
Key Terms
Restricted Stock Units, Performance Stock Units, Payment of exercise price or tax liability, Indirect ownership, +1 more
5 terms
Restricted Stock Units financial
"security_title "Restricted Stock Units" for multiple derivative transactions"
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 Units financial
"security_title "Performance Stock Units" with underlying Class A Common Stock"
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.
Payment of exercise price or tax liability financial
"transaction_code_description "Payment of exercise price or tax liability by delivering or withholding securities""
Indirect ownership financial
"ownership_type "indirect" with nature_of_ownership "By Trusts""
Class A Common Stock financial
"underlying_security_title and security_title "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did FOX executive John Nallen report in this Form 4 for Fox Corp (FOX)?
John Nallen reported exercises of restricted stock units and performance stock units into Fox Corp Class A Common Stock on August 15, 2026, along with share dispositions used to cover exercise price or tax liabilities, plus updated indirect holdings by trusts.
What are John Nallen’s indirect holdings in Fox Corp (FOX) after these transactions?
After these transactions, the Form 4 reports 295,508 Fox Corp Class A Common Stock shares held indirectly "By Trusts". This entry reflects indirect ownership, separate from directly held shares associated with the award exercises and related tax or exercise-price settlements.
Were John Nallen’s Fox Corp (FOX) transactions under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnotes do not describe a trading plan. The reported transactions relate to equity award vesting and conversion rather than an automatically executed trading program.
AI-generated analysis. How Rhea-AI works. Not financial advice.