Fox Corp director granted 126 deferred stock units
CAREY CHASE reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
CAREY CHASE reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp director Chase Carey received a grant of 126 deferred stock units tied to Class A Common Stock as compensation. Each deferred stock unit represents one share of Class A Common Stock and includes dividend equivalents that accrue over time.
The new units were granted at a reference value of $58.49 per share and increase Carey’s total holdings to 26,966 deferred stock units. These units become payable in stock on the earlier of the first trading day of the quarter five years after grant or the end of his board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 126 | $58.49 | $7K |
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 did Fox Corp (FOX) director Chase Carey report on this Form 4?
How many Fox Corp deferred stock units did Chase Carey acquire and at what value?
What are deferred stock units in the context of Fox Corp (FOX)?
When do Chase Carey’s Fox Corp deferred stock units become payable in stock?
Do the Fox Corp deferred stock units include dividend equivalents for Chase Carey?
How many total Fox Corp deferred stock units does Chase Carey hold after this award?
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