Fox Corp (FOX) CFO exercises 79,870 shares, withholds 40,020
Rhea-AI Filing Summary
Fox Corp (ticker FOX) reported that Chief Financial Officer Steven Tomsic exercised equity awards into Class A Common Stock and had shares withheld to cover costs. On August 15, 2026, he exercised restricted stock units and performance stock units for a total of 79,870 shares of Class A Common Stock, with each unit representing one share. On the same date, 40,020 shares of Class A Common Stock were delivered or withheld at $69.04 per share for payment of exercise price or tax liability. Several restricted stock unit awards vest in one-third tranches across 2024–2028 as described in the vesting footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 39,850 shares
Net Buy
12 txns
Insider
Tomsic Steven
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 15,569 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F3 | 14,975 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 9,171 | $0.00 | $0.00 |
| Exercise | Performance Stock Units F1 | 40,155 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 15,569 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 7,575 | $69.04 | $523K |
| Exercise | Class A Common Stock F1 | 14,975 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 7,286 | $69.04 | $503K |
| Exercise | Class A Common Stock F1 | 9,171 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 4,678 | $69.04 | $323K |
| Exercise | Class A Common Stock F1 | 40,155 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 20,481 | $69.04 | $1.41M |
Holdings After Transaction:
Restricted Stock Units — 33,330 shares (Direct);
Performance Stock Units — 0 shares (Direct);
Class A Common Stock — 220,406 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit and performance stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.
- F2. The restricted stock units vested one-third on August 15, 2024, one-third on August 15, 2025 and the remainder of the award vested on August 15, 2026.
- F3. The restricted stock units vested one-third on August 15, 2025, one-third on August 15, 2026 and the remainder of the award will vest on August 15, 2027.
- F4. The restricted stock units vested one-third on August 15, 2026, will vest one-third on August 15, 2027 and the remainder of the award will vest on August 15, 2028.
Key Figures
Shares acquired via exercises: 79,870 shares
Shares withheld for exercise price or tax: 40,020 shares
Share price for F transactions: $69.04 per share
+2 more
5 metrics
Shares acquired via exercises
79,870 shares
Total Class A Common Stock from equity award exercises (M code) on August 15, 2026
Shares withheld for exercise price or tax
40,020 shares
Total Class A shares delivered or withheld in F code transactions on August 15, 2026
Share price for F transactions
$69.04 per share
Price used for Class A Common Stock delivered or withheld for exercise price or tax liability
Derivative exercises
4 transactions; 79,870 shares
Exercise or conversion of derivative securities reported in the transaction summary
Exercise-price-or-tax-liability transactions
4 transactions; 40,020 shares
Code F transactions for payment of exercise price or tax liability
Key Terms
Restricted Stock Units, Performance Stock Units, Class A Common Stock, Payment of exercise price or tax liability by delivering or withholding securities, +1 more
5 terms
Restricted Stock Units financial
"The reporting person held Restricted Stock Units that converted into Class A Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units financial
"The reporting person exercised Performance Stock Units into Class A Common Stock"
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.
Class A Common Stock financial
"Each unit represents the equivalent of one share of Fox Corporation's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Payment of exercise price or tax liability by delivering or withholding securities financial
"Transaction code F is described as Payment of exercise price or tax liability"
vested financial
"The restricted stock units vested one-third on August 15 in various years"
FAQ
What did FOX CFO Steven Tomsic report in this Form 4 insider transaction?
CFO Steven Tomsic reported exercising equity awards into 79,870 shares of Fox Corp Class A Common Stock and having 40,020 shares delivered or withheld at $69.04 per share to cover exercise price or tax liability on August 15, 2026.
What types of equity awards did FOX CFO Steven Tomsic exercise?
Steven Tomsic exercised Restricted Stock Units and Performance Stock Units, each representing the equivalent of one share of Fox Corp Class A Common Stock. These derivative securities converted into a total of 79,870 Class A shares on August 15, 2026.
How do the Fox Corp (FOX) restricted stock units in this filing vest over time?
Different restricted stock unit awards vest in one-third tranches across specific dates. Footnotes describe awards vesting one-third on August 15 in various years between 2024 and 2028, with the remaining portions vesting on later August 15 anniversaries as specified.
AI-generated analysis. How Rhea-AI works. Not financial advice.
