Fox Corp (FOX) director awarded additional deferred stock units

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Johnson Margaret L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	70	$58.49	$4K

Holdings After Transaction: Deferred Stock Units — 15,080 shares (Direct)

Footnotes (1)

1. Each deferred stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock. Represents dividend equivalents accrued with respect to deferred stock units. 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. 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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Johnson Margaret L

(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		70(2)		(3)	(3)	Class A Common Stock	70	$58.49	15,080(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 Margaret L. Johnson	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)

FAQ

What insider transaction did Fox (FOX) director Margaret L. Johnson report?

Margaret L. Johnson reported acquiring 70 deferred stock units linked to Fox Class A Common Stock. The award reflects dividend equivalents credited on existing deferred stock units and increases her total deferred stock unit holdings to 15,080.

What is a deferred stock unit in the Fox (FOX) Form 4 filing?

Each deferred stock unit represents the equivalent of one share of Fox Corporation’s Class A Common Stock. These units are bookkeeping entries that will eventually be settled in stock rather than cash, aligning director compensation with shareholder value.

When do Fox (FOX) deferred stock units reported by Margaret Johnson become payable?

The deferred stock units become payable in stock on the earlier of two events: the first trading day of the quarter five years after the related grant, or Margaret Johnson’s end of service as a director of Fox Corporation.

Why did Margaret Johnson receive 70 additional Fox (FOX) deferred stock units?

The 70 additional deferred stock units represent dividend equivalents accrued on her existing deferred stock units. These dividend-equivalent units vest and pay out on the same terms as the underlying deferred stock units they are tied to.

How many Fox (FOX) deferred stock units does Margaret Johnson now hold?

After the latest award, Margaret Johnson holds an aggregate of 15,080 deferred stock units. This total includes both previously granted units and dividend-equivalent units that vest on the same terms as their underlying deferred stock unit awards.

Do Fox (FOX) deferred stock units give immediate stock ownership to Margaret Johnson?

The deferred stock units do not provide immediate stock delivery; they are paid out later in stock. Payment occurs on the earlier of five years after the grant’s quarter start or when she ceases serving as a Fox director.