Fox Corp director awarded deferred stock units

Burck William A reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Burck William A reported acquisition or exercise transactions in this Form 4 filing.

Fox Corp director William A. Burck received an award of 136 deferred stock units linked to Class A Common Stock. The units were granted at a reference price of $58.49 per share and represent dividend-equivalent credits tied to existing deferred stock units.

Each deferred stock unit equals one share of Class A Common Stock and will be paid in stock. Payment occurs on the earlier of the first trading day of the quarter five years after the grant or when Burck’s board service ends. After this award, he holds a total of 29,201 deferred stock units, including associated dividend equivalents that vest on the same terms.

Insider Trade Summary

Grant/Award: 136 shares

Grant/Award 1 txn

Insider Burck William A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	136	$58.49	$8K

Holdings After Transaction: Deferred Stock Units — 29,201 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.

FAQ

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What did Fox Corp (FOX) director William A. Burck report in this Form 4?

William A. Burck reported receiving 136 deferred stock units tied to Fox Corp Class A Common Stock. The award reflects dividend-equivalent credits and increases his total deferred stock unit holdings to 29,201, all subject to the same deferred payout terms.

How many Fox Corp deferred stock units does William A. Burck now hold?

Following this transaction, William A. Burck holds 29,201 deferred stock units. This aggregate figure includes both the newly credited 136 units and prior awards, as well as dividend-equivalent units that vest and pay out on the same schedule as the underlying grants.

What does each Fox Corp deferred stock unit represent for William A. Burck?

Each deferred stock unit represents the equivalent of one share of Fox Corp’s Class A Common Stock. These units are not immediately settled; instead, they will ultimately be paid in stock when the deferral terms are met under the director compensation structure.

When will William A. Burck’s Fox Corp deferred stock units be paid out?

The deferred stock units become payable in stock on the earlier of two events. Payment occurs either on the first trading day of the quarter five years after the grant, or upon the end of Burck’s service as a Fox Corp director, whichever happens first.

What is the nature of the 136 Fox Corp deferred stock units granted to William A. Burck?

The 136 deferred stock units represent dividend equivalents accrued on existing deferred stock units. These dividend-equivalent units follow the same vesting and payout terms as the underlying grants, ultimately settling in shares of Fox Corp Class A Common Stock at the specified future time.

Is this Fox Corp Form 4 transaction an open-market stock purchase or sale?

No, this Form 4 reflects a grant-type acquisition of derivative securities, not an open-market trade. The 136 deferred stock units were awarded as dividend-equivalent credits, with no reported open-market buying or selling of Fox Corp Class A Common Stock involved.

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Accepted by SEC EDGAR 03/26/2026 - 05:16 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^*

Burck William A

(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)
03/25/2026

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)	03/25/2026		A		136(2)		(3)	(3)	Class A Common Stock	136	$58.49	29,201(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 William A. Burck	03/26/2026
	** 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)