Fox Corp director granted deferred stock units
Fox Corp director Margaret L. Johnson acquired 70 deferred stock units tied to Class A Common Stock as a compensation-related award.
Rhea-AI Filing Summary
Fox Corp director Margaret L. Johnson acquired 70 deferred stock units tied to Class A Common Stock as a compensation-related award. Each unit represents the equivalent of one share of Class A stock and reflects dividend equivalents credited on existing deferred stock units. These new units, together with previously held amounts, bring her total deferred stock units to 15,080. The units will be paid out in stock on the earlier of the first trading day of the quarter five years after the related grant or the end of her service as a director.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 70 | $58.49 | $4K |
Footnotes (4)
- F1. Each deferred stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.
- F2. Represents dividend equivalents accrued with respect to deferred stock units.
- 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.
- 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 insider transaction did Fox (FOX) director Margaret L. Johnson report?
What is a deferred stock unit in the Fox (FOX) Form 4 filing?
When do Fox (FOX) deferred stock units reported by Margaret Johnson become payable?
Why did Margaret Johnson receive 70 additional Fox (FOX) deferred stock units?
How many Fox (FOX) deferred stock units does Margaret Johnson now hold?
Do Fox (FOX) deferred stock units give immediate stock ownership to Margaret Johnson?
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