Fox Corp legal chief receives new RSU awards

Ciongoli Adam G. reported acquisition or exercise transactions in this Form 4 filing.

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Rhea-AI Filing Summary

Ciongoli Adam G. reported acquisition or exercise transactions in this Form 4 filing.

Fox Corp Chief Legal and Policy Officer Adam G. Ciongoli reported several compensation-related awards of restricted stock units on Class A Common Stock. Each unit equals one share and includes dividend-equivalent accruals. The RSUs vest in stages between June 30, 2026 and August 15, 2028, adding to his long-term equity-based incentives rather than reflecting any market purchase or sale.

Insider Trade Summary

Grant/Award: 523 shares

Grant/Award 4 txns

Insider Ciongoli Adam G.

Role Chief Legal and Policy Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	128	$0.00	$0.00
Grant/Award	Restricted Stock Units	122	$0.00	$0.00
Grant/Award	Restricted Stock Units	142	$0.00	$0.00
Grant/Award	Restricted Stock Units	131	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 110,250 contracts (Direct)

Footnotes (7)

F1. Each restricted stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.
F2. Represents dividend equivalents accrued with respect to restricted stock units.
F3. The restricted stock units vested one-third on June 30, 2024, one-third on June 30, 2025 and the remainder of the award will vest on June 30, 2026.
F4. Represents the aggregate number of restricted stock units with respect to a specific grant that are held by the Reporting Person, including dividend equivalents accrued that vest on the same terms as the respective underlying restricted stock units.
F5. The restricted stock units vested one-third on August 15, 2024, one-third on August 15, 2025 and the remainder of the award will vest on August 15, 2026.
F6. The restricted stock units vested one-third on August 15, 2025, will vest one-third on August 15, 2026 and the remainder of the award will vest on August 15, 2027.
F7. The restricted stock units will vest one-third on each of August 15, 2026, August 15, 2027 and August 15, 2028.

FAQ

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What insider transaction did Fox Corp (FOX) report for Adam G. Ciongoli?

Fox Corp reported that Chief Legal and Policy Officer Adam G. Ciongoli received several awards of restricted stock units. These are equity-based compensation grants, not open-market share purchases or sales, and each unit is linked to Fox Class A Common Stock.

How many restricted stock units did Adam G. Ciongoli receive in this Fox (FOX) filing?

The filing shows multiple small awards of restricted stock units, each recorded separately. Every unit represents one share of Fox Class A Common Stock, including related dividend-equivalent accruals, and collectively they modestly increase his equity-based compensation position.

What do the Fox Corp (FOX) restricted stock units represent in this Form 4?

Each restricted stock unit represents the equivalent of one share of Fox Corporation’s Class A Common Stock. Some units reflect dividend equivalents that accrue on existing RSU grants and vest on the same schedule as the underlying restricted stock awards.

When will Adam G. Ciongoli’s Fox (FOX) restricted stock units vest?

The restricted stock units vest in stages over several years. Specific tranches vest on June 30, 2026, and on August 15 of 2024, 2025, 2026, 2027, and 2028, aligning with the original grant terms for each RSU award.

Are the Fox Corp (FOX) transactions open-market buys or sells?

No. The transactions are coded as awards of restricted stock units, classified as grant or award acquisitions. They are part of Adam G. Ciongoli’s equity compensation and do not involve buying or selling Fox Class A Common Stock in the open market.

Do dividend equivalents play a role in this Fox (FOX) Form 4?

Yes. The filing states that some reported restricted stock units represent dividend equivalents accrued on existing RSU grants. These dividend-equivalent units vest on the same schedule as the related underlying restricted stock units already held.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/26/2026 - 05:17 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ciongoli Adam G.

(Last)

(First)

(Middle)

C/O FOX CORPORATION

1211 AVENUE OF THE AMERICAS

(Street)

NEW YORK

10036

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Fox Corp [ FOX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal and Policy Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	03/25/2026		A		128⁽²⁾		⁽³⁾	⁽³⁾	Class A Common Stock	128	$0	26,883⁽⁴⁾	D
Restricted Stock Units	⁽¹⁾	03/25/2026		A		122⁽²⁾		⁽⁵⁾	⁽⁵⁾	Class A Common Stock	122	$0	25,791⁽⁴⁾	D
Restricted Stock Units	⁽¹⁾	03/25/2026		A		142⁽²⁾		⁽⁶⁾	⁽⁶⁾	Class A Common Stock	142	$0	30,007⁽⁴⁾	D
Restricted Stock Units	⁽¹⁾	03/25/2026		A		131⁽²⁾		⁽⁷⁾	⁽⁷⁾	Class A Common Stock	131	$0	27,569⁽⁴⁾	D

Explanation of Responses:

1. Each restricted stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock.

2. Represents dividend equivalents accrued with respect to restricted stock units.

3. The restricted stock units vested one-third on June 30, 2024, one-third on June 30, 2025 and the remainder of the award will vest on June 30, 2026.

4. Represents the aggregate number of restricted stock units with respect to a specific grant that are held by the Reporting Person, including dividend equivalents accrued that vest on the same terms as the respective underlying restricted stock units.

5. The restricted stock units vested one-third on August 15, 2024, one-third on August 15, 2025 and the remainder of the award will vest on August 15, 2026.

6. The restricted stock units vested one-third on August 15, 2025, will vest one-third on August 15, 2026 and the remainder of the award will vest on August 15, 2027.

7. The restricted stock units will vest one-third on each of August 15, 2026, August 15, 2027 and August 15, 2028.

Remarks:

	/s/ Laura A. Cleveland as Attorney-in-Fact for Adam G. Ciongoli	03/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR