Rupert Murdoch (FOX) turns 35,841 units into stock, covers tax bill
Rhea-AI Filing Summary
Fox Corp (FOX) reported insider equity transactions by Chairman Emeritus K. Rupert Murdoch involving Performance Stock Units and Class A Common Stock. On 2026-08-15, 35,841 Performance Stock Units were exercised into 35,841 shares of Class A Common Stock, with the derivative units reduced to zero. On the same date, 19,447 Class A shares were delivered or withheld for payment of exercise price or tax liability at $69.04 per share. Following these transactions, 60,132 Class A shares are reported as held indirectly through the K. Rupert Murdoch 2004 Revocable Trust. The transactions were not marked as being effected under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,394 shares
Net Buy
4 txns
Insider
MURDOCH KEITH RUPERT
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units F1 | 35,841 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 35,841 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 19,447 | $69.04 | $1.34M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 0 shares (Direct);
Class A Common Stock — 16,394 shares (Direct);
Class A Common Stock — 60,132 shares (Indirect, By K. Rupert Murdoch 2004 Revocable Trust)
Footnotes (1)
- F1. Each performance stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.
Key Figures
Performance Stock Units Exercised: 35,841 units
Class A Shares Acquired via Exercise: 35,841 shares
Shares Delivered/Withheld for Exercise Price or Taxes: 19,447 shares
+2 more
5 metrics
Performance Stock Units Exercised
35,841 units
Performance Stock Units exercised into Class A Common Stock on 2026-08-15
Class A Shares Acquired via Exercise
35,841 shares
Class A Common Stock received from Performance Stock Unit exercise on 2026-08-15
Shares Delivered/Withheld for Exercise Price or Taxes
19,447 shares
Code F disposition of Class A Common Stock on 2026-08-15
Per-Share Value in Code F Transaction
$69.04 per share
Price used in payment of exercise price or tax liability on 19,447 shares
Indirect Class A Shares Held
60,132 shares
Indirect ownership by K. Rupert Murdoch 2004 Revocable Trust after reported transactions
Key Terms
Performance Stock Units, Exercise or conversion of derivative security, Payment of exercise price or tax liability by delivering or withholding securities, Revocable Trust
4 terms
Performance Stock Units financial
"Each performance stock unit represents the equivalent of one share of Fox Corporation's Class A"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Exercise or conversion of derivative security financial
"transaction_code_description":"Exercise or conversion of derivative security""
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description":"Payment of exercise price or tax liability by delivering or withholding"
Revocable Trust financial
"nature_of_ownership":"By K. Rupert Murdoch 2004 Revocable Trust""
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What insider transaction did K. Rupert Murdoch report at Fox Corp (FOX)?
K. Rupert Murdoch reported exercising 35,841 Performance Stock Units into an equal number of Fox Corp Class A shares on 2026-08-15. This converted derivative awards into common stock and eliminated his reported balance of those Performance Stock Units.
What is K. Rupert Murdoch’s remaining indirect holding in Fox Corp (FOX) after these transactions?
After the reported transactions, an indirect holding of 60,132 Class A shares is reported as held "By K. Rupert Murdoch 2004 Revocable Trust." This reflects shares held through the trust rather than directly.
Were K. Rupert Murdoch’s Fox Corp (FOX) transactions under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not selected, meaning these transactions were not affirmed as made under a pre-arranged 10b5-1 trading plan according to the document’s representation.
What does each Performance Stock Unit represent in the Fox Corp (FOX) filing?
Each Performance Stock Unit represents the equivalent of one share of Fox Corporation’s Class A Common Stock. Exercising 35,841 units therefore resulted in issuance of 35,841 Class A shares, as described in the footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
