FOX Form 4: Director Chase Carey converts 8,121 deferred units
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
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units | 8,121 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 8,121 | $0.00 | $0.00 |
Footnotes (3)
- F1. The reported shares of Class A Common Stock of the Company were received for the settlement of deferred stock units.
- F2. Each deferred stock unit represents the equivalent of one share of Class A Common Stock of the Company.
- F3. The deferred stock units became payable in stock on October 1, 2025.
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