Fox Corp (FOX) legal chief exercises 26,883 RSUs, 10,523 shares used for taxes

Rhea-AI Filing Summary

Fox Corp Chief Legal and Policy Officer Adam G. Ciongoli exercised restricted stock units into 26,883 shares of Class A Common Stock. Of these, 10,523 shares were delivered at $50.39 per share to cover tax obligations, leaving him with 52,338 directly held shares. The RSUs vested in stages through June 30, 2026.

Insider Trade Summary

26,883 shares exercised/converted

Mixed 3 txns

Insider Ciongoli Adam G.

Role Chief Legal and Policy Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	26,883	$0.00	--
Exercise	Class A Common Stock	26,883	$0.00	--
Tax Withholding	Class A Common Stock	10,523	$50.39	$530K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 62,861 shares (Direct, null)

Footnotes (1)

1. Each restricted stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock. The restricted stock units vested one-third on June 30, 2024, one-third on June 30, 2025 and the remainder of the award vested on June 30, 2026.

Key Figures

RSUs exercised: 26,883 shares Shares delivered for taxes: 10,523 shares Direct holdings after transaction: 52,338 shares +1 more

4 metrics

RSUs exercised 26,883 shares Converted into Class A Common Stock on June 30, 2026

Shares delivered for taxes 10,523 shares Tax-withholding disposition at $50.39 per share

Direct holdings after transaction 52,338 shares Class A Common Stock held directly after June 30, 2026

Tax-withholding price $50.39 per share Value used for 10,523-share tax-withholding disposition

Key Terms

Restricted Stock Units, tax-withholding disposition, derivative security, Class A Common Stock

4 terms

Restricted Stock Units financial

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

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.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Class A Common Stock financial

"Each restricted stock 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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 04:33 PM Accepted by SEC EDGAR 07/01/2026 - 04:32 PM Learn about SEC filing dates

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 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)
06/30/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/30/2026		M		26,883	A	(1)	62,861	D
Class A Common Stock	06/30/2026		F		10,523	D	$50.39	52,338	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
Restricted Stock Units	(1)	06/30/2026		M			26,883	(2)	(2)	Class A Common Stock	26,883	$0	0	D

Explanation of Responses:

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

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

Remarks:

	/s/ Laura A. Cleveland as Attorney-in-Fact for Adam G. Ciongoli	07/01/2026
	** 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)

FAQ

What did Fox Corp (FOX) executive Adam Ciongoli report in this Form 4?

Adam Ciongoli exercised restricted stock units into Class A shares and had some shares withheld for taxes. The filing shows a routine compensation-related transaction, not an open-market purchase or sale of Fox Corp stock.

How many Fox Corp (FOX) shares did Adam Ciongoli acquire and withhold for taxes?

He acquired 26,883 shares of Class A Common Stock from restricted stock units. Of these, 10,523 shares were delivered to satisfy tax obligations, classified as a tax-withholding disposition rather than an open-market sale of shares.

How many Fox Corp (FOX) shares does Adam Ciongoli hold after this Form 4 transaction?

After these transactions, Adam Ciongoli directly holds 52,338 shares of Fox Corp Class A Common Stock. This reflects the net effect of exercising restricted stock units and delivering a portion of the shares to cover related tax liabilities.

Were Adam Ciongoli’s Fox Corp (FOX) transactions open-market buys or sells?

No, the transactions were not open-market trades. They involved exercising restricted stock units and a related tax-withholding disposition, where shares were delivered to cover taxes rather than being sold on the open market.

How did Adam Ciongoli’s Fox Corp (FOX) restricted stock units vest?

The restricted stock units vested in three tranches: one-third on June 30, 2024, one-third on June 30, 2025, and the remaining portion on June 30, 2026, according to the footnotes attached to the insider transaction disclosure.