Fox Corp director granted 70 deferred stock units
Abbott Anthony J reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Abbott Anthony J reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp director Anthony J. Abbott received an award of 70 deferred stock units tied to Class A common stock. Each unit equals one share and represents dividend equivalents accrued on existing deferred units. After this grant, he holds a total of 15,080 deferred stock units, which will be paid in stock on the earlier of five years after grant or the end of his board service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 70 | $58.49 | $4K |
Footnotes (4)
- F1. Each deferred stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.
- F2. Represents dividend equivalents accrued with respect to deferred stock units.
- F3. 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.
- F4. 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.
FAQ
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What insider transaction did Fox Corp (FOX) disclose for Anthony J. Abbott?
What is a deferred stock unit in the Fox Corp (FOX) Form 4 filing?
When do Anthony J. Abbott’s Fox Corp (FOX) deferred stock units become payable?
How many Fox Corp (FOX) deferred stock units does Anthony J. Abbott hold after this transaction?
What do the dividend-equivalent deferred stock units mean for Fox Corp (FOX) director compensation?
AI-generated analysis. How Rhea-AI works. Not financial advice.