[Form 4] Fox Corp Insider Trading Activity

Rhea-AI Filing Summary

Fox Corporation (FOX) CFO Steven Tomsic reported option exercises and a same‑day sale. On 11/10/2025, he exercised options for 70,091 shares at $40.26 and 68,306 shares at $36.00, then sold 138,397 Class A shares at a $66.54 weighted average price. The filing notes sale prices ranged from $66.29 to $66.79. Following these transactions, he beneficially owned 180,556 shares directly.

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

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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^*

Tomsic Steven

(Last) (First) (Middle)

C/O FOX CORPORATION

1211 AVENUE OF THE AMERICAS

(Street)

NEW YORK NY 10036

(City) (State) (Zip)

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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	11/10/2025		M		70,091	A	$40.26	250,647	D
Class A Common Stock	11/10/2025		M		68,306	A	$36	318,953	D
Class A Common Stock	11/10/2025		S		138,397	D	$66.54(1)(2)	180,556	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$40.26	11/10/2025		M			70,091	(3)	03/19/2026	Class A Common Stock	70,091	$0	0	D
Stock Option (Right to Buy)	$36	11/10/2025		M			68,306	(4)	08/05/2026	Class A Common Stock	68,306	$0	0	D

Explanation of Responses:

1. The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the range.

2. Sales prices range from $66.29 to $66.79 per share, inclusive.

3. The stock options were granted under an award that vested 50% on June 15, 2020 and 50% on June 15, 2021

4. The stock options were granted under an award that vested one-third on each of August 15, 2020, August 15, 2021 and August 15, 2022.

Remarks:

	/s/ Laura A. Cleveland as Attorney-in-Fact for Steven Tomsic	11/10/2025
	** 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.

FAQ

What did FOX (FOX) CFO Steven Tomsic report?

He exercised stock options and sold Class A shares on 11/10/2025.

How many FOX shares were sold and at what price?

He sold 138,397 shares at a $66.54 weighted average; the range was $66.29–$66.79.

What stock options were exercised by FOX’s CFO?

Options for 70,091 shares at $40.26 and 68,306 shares at $36.00 were exercised.

How many FOX shares does the CFO own after the transactions?

He beneficially owned 180,556 shares directly after the reported trades.

What were the option grant details noted?

One grant vested 50% on Jun 15, 2020 and 50% on Jun 15, 2021; another vested one‑third on Aug 15, 2020, Aug 15, 2021, and Aug 15, 2022.

What are the option expiration dates listed?

The options referenced show expirations on Mar 19, 2026 and Aug 05, 2026.