[Form 4] Fox Corp Insider Trading Activity

Rhea-AI Filing Summary

Chase Carey, a director of Fox Corporation (FOX), received 8,121 shares of Class A Common Stock on 10/01/2025 upon settlement of deferred stock units. Each deferred stock unit converts to one share, and the units became payable in stock on that date. After the issuance, Mr. Carey beneficially owns 244,755 shares of Class A Common Stock. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Carey on 10/02/2025. The filing shows the acquisition was a non-cash settlement of deferred compensation rather than an open-market purchase.

Positive

• 8,121 shares received through settlement of deferred stock units on 10/01/2025
• Beneficial ownership increased to 244,755 shares following the transaction

Negative

• None.

Insights

Corporate Governance Analyst

Director received deferred stock units settled into 8,121 shares on 10/01/2025.

The transaction reflects routine compensation settlement: deferred stock units converted to Class A common shares rather than a market purchase. This increases the director's beneficial ownership to 244,755 shares, as stated in the filing. Such settlements are common for deferred compensation plans and signal no new external capital flows.

The filing was executed by an attorney-in-fact and reported on Form 4, indicating proper Section 16 disclosure of insider ownership changes.

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

1. Name and Address of Reporting Person^*

CAREY CHASE

(Last) (First) (Middle)

C/O FOX CORPORATION

1211 AVENUE OF THE AMERICAS

(Street)

NEW YORK NY 10036

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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

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

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

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
Class A Common Stock	10/01/2025		M		8,121	A	(1)	244,755	D

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	(2)	10/01/2025		M			8,121	(3)	(3)	Class A Common Stock	8,121	$0	23,370	D

Explanation of Responses:

1. The reported shares of Class A Common Stock of the Company were received for the settlement of deferred stock units.

2. Each deferred stock unit represents the equivalent of one share of Class A Common Stock of the Company.

3. The deferred stock units became payable in stock on October 1, 2025.

Remarks:

	/s/ Laura A. Cleveland as Attorney-in-Fact for Chase Carey	10/02/2025
	** 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.

FAQ

What change did Chase Carey report on the Form 4 for FOX?

The Form 4 reports Carey received 8,121 Class A shares on 10/01/2025 from settlement of deferred stock units.

How many shares does Chase Carey beneficially own after the transaction?

After the reported transaction, Carey beneficially owns 244,755 shares of Class A Common Stock.

Was the acquisition a market purchase or a settlement of compensation?

The filing states the shares were received for settlement of deferred stock units, indicating a compensation settlement, not an open-market purchase.

When did the deferred stock units become payable in stock?

The deferred stock units became payable in stock on 10/01/2025, per the Form 4 explanation.

Who signed the Form 4 filing for Chase Carey?

The Form 4 was signed by Laura A. Cleveland as attorney-in-fact for Chase Carey on 10/02/2025.