Fox Corp grants 147,247 performance units to CEO Murdoch
MURDOCH LACHLAN K reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MURDOCH LACHLAN K reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp reported that Executive Chair and CEO Lachlan K. Murdoch received a grant of 147,247 Performance Stock Units. Each unit represents a contingent right to receive one share of Class A Common Stock upon vesting. The units were originally awarded in August 2023 and were granted after achievement of pre-determined performance measures over a three-year performance period. They are scheduled to vest in Class A shares on August 15, 2026, and Murdoch’s direct holdings of these units now total 147,247.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units F1, F2 | 147,247 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each performance stock unit represents the contingent right to receive one share of Fox Corporation's Class A Common Stock upon vesting.
- F2. The performance stock units, originally awarded in August 2023, were granted to the Reporting Person after the achievement of pre-determined performance measures over the three-year performance period and shall vest in shares of Fox Corporation's Class A Common Stock on August 15, 2026.
Key Figures
Key Terms
Performance Stock Units financial
contingent right financial
Class A Common Stock financial
performance period financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Lachlan Murdoch receive according to Fox (FOX)'s Form 4?
When do Lachlan Murdoch's new Performance Stock Units at FOX vest?
What performance conditions applied to Lachlan Murdoch's FOX Performance Stock Units?
How many Performance Stock Units does Lachlan Murdoch hold after this FOX transaction?
What type of security was reported in Fox (FOX)'s Form 4 for Lachlan Murdoch?
AI-generated analysis. How Rhea-AI works. Not financial advice.