Fox Corp grants RSUs and performance options to CFO
Fox Corp reported that Chief Financial Officer Steven Tomsic received equity-based compensation awards.
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Rhea-AI Filing Summary
Fox Corp reported that Chief Financial Officer Steven Tomsic received equity-based compensation awards. He was granted 34,470 Restricted Stock Units, each representing one share of Class A Common Stock, vesting one-third on August 15 in 2027, 2028 and 2029. He also received 42,176 performance stock options with an exercise price of $62.31 per share, expiring on August 11, 2036. These options may vest and become exercisable on August 11, 2029 if the Class A share price increases at least 15% over the exercise price for 30 consecutive calendar days between the grant date and August 11, 2029.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 34,470 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Option (Right to Buy) F3 | 42,176 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents the contingent right to receive one share of Fox Corporation's Class A Common Stock upon vesting.
- F2. The restricted stock units will vest one-third on each of August 15, 2027, August 15, 2028 and August 15, 2029.
- F3. The performance stock options may vest and become exercisable on August 11, 2029, based on the attainment of a 15% increase in the price of Fox Corporation's Class A Common Stock over the exercise price for at least 30 consecutive calendar days during the period from the date of grant to August 11, 2029.
Key Figures
Key Terms
Restricted Stock Units financial
Performance Stock Option financial
exercise price financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Fox Corp (FOX) grant to CFO Steven Tomsic?
How do the new RSU awards for Fox (FOX) CFO Steven Tomsic vest?
What are the terms of Steven Tomsic’s performance stock options at Fox (FOX)?
What performance condition applies to the new Fox (FOX) performance stock options?
AI-generated analysis. How Rhea-AI works. Not financial advice.