Every Form 4 that Fox Corp (FOX) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow FOX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FOX filings page.
Fox Corp (ticker FOX) reported that Chief Financial Officer Steven Tomsic exercised equity awards into Class A Common Stock and had shares withheld to cover costs. On August 15, 2026, he exercised restricted stock units and performance stock units for a total of 79,870 shares of Class A Common Stock, with each unit representing one share. On the same date, 40,020 shares of Class A Common Stock were delivered or withheld at $69.04 per share for payment of exercise price or tax liability. Several restricted stock unit awards vest in one-third tranches across 2024–2028 as described in the vesting footnotes.
Fox Corp (ticker FOX) reported that Chief Legal and Policy Officer Adam G. Ciongoli converted vested restricted stock units into Class A Common Stock on August 15, 2026. Three RSU tranches totaling 49,887 units were exercised into an equivalent number of Class A shares, reflecting previously granted equity awards with multi-year vesting schedules. In connection with these exercises, a total of 25,052 Class A shares were delivered or withheld at $69.04 per share for payment of exercise price or tax liability. The filing’s Rule 10b5-1 checkbox was not selected.
Fox Corp (FOX) executive John Nallen, President and COO, reported multiple equity award-related transactions in Class A Common Stock on August 15, 2026. He exercised restricted and performance stock units into common shares and had shares delivered or withheld to pay the exercise price or tax liabilities at specified values. After these transactions, 295,508 Class A shares are reported as held indirectly by trusts.
Fox Corp (FOX) reported that Executive Chair and CEO Lachlan K. Murdoch exercised equity awards into Class A Common Stock on August 15, 2026. He converted an aggregate of 292,881 stock units (restricted and performance) into an equivalent number of Class A shares. In separate code F transactions, 142,947 shares of Class A Common Stock were delivered or withheld at $69.04 per share for payment of exercise price or tax liability. An indirect holding entry shows 1,251,779 Class A shares held by the LKM Family Trust.
Fox Corp (FOX) reported insider equity transactions by Chairman Emeritus K. Rupert Murdoch involving Performance Stock Units and Class A Common Stock. On 2026-08-15, 35,841 Performance Stock Units were exercised into 35,841 shares of Class A Common Stock, with the derivative units reduced to zero. On the same date, 19,447 Class A shares were delivered or withheld for payment of exercise price or tax liability at $69.04 per share. Following these transactions, 60,132 Class A shares are reported as held indirectly through the K. Rupert Murdoch 2004 Revocable Trust. The transactions were not marked as being effected under a Rule 10b5-1 trading plan.
Fox Corp reported equity compensation awards to Chief Legal and Policy Officer Adam G. Ciongoli on August 11, 2026. He received 25,853 Restricted Stock Units, each representing one share of Class A Common Stock upon vesting. These RSUs vest in three equal installments on August 15, 2027, 2028, and 2029.
He also received 31,632 performance stock options with an exercise price of $62.31 per share, expiring on August 11, 2036. These options may vest and become exercisable on August 11, 2029, if the Class A share price increases at least 15% over the exercise price for 30 consecutive calendar days between the grant date and August 11, 2029.
Fox Corp reported that Chief Financial Officer Steven Tomsic received equity-based compensation awards. He was granted 34,470 Restricted Stock Units, each representing one share of Class A Common Stock, vesting one-third on August 15 in 2027, 2028 and 2029. He also received 42,176 performance stock options with an exercise price of $62.31 per share, expiring on August 11, 2036. These options may vest and become exercisable on August 11, 2029 if the Class A share price increases at least 15% over the exercise price for 30 consecutive calendar days between the grant date and August 11, 2029.
Fox Corp Executive Chair and CEO Lachlan K. Murdoch reported compensation-related equity awards. He received 172,354 restricted stock units, each representing one share of Class A common stock, vesting one-third on August 15 of 2027, 2028 and 2029. He was also granted 210,881 performance stock options with a $62.31 exercise price, expiring on August 11, 2036. These options may vest and become exercisable on August 11, 2029 if the Class A share price increases at least 15% over the exercise price for at least 30 consecutive calendar days from grant through that date.
Fox Corp President and COO John Nallen received equity-based compensation on August 11, 2026. He was granted 56,015 Restricted Stock Units, each representing one share of Class A common stock, vesting one-third on each of August 15, 2027, 2028, and 2029. He also received 68,536 performance stock options with a strike price of $62.31 per share, expiring August 11, 2036, which may vest if the Class A share price increases at least 15% over the exercise price for 30 consecutive days before August 11, 2029.
MURDOCH KEITH RUPERT reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp reported that Chairman Emeritus Keith Rupert Murdoch received a compensation-related grant of 35,841 Performance Stock Units tied to Fox Corporation's Class A Common Stock. Each unit represents the contingent right to receive one share upon vesting, scheduled for August 15, 2026, following achievement of pre-determined performance measures over a three-year performance period that began with an original award in August 2023.
NALLEN JOHN reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp reported that President and COO John Nallen received a compensation-related grant of 66,930 Performance Stock Units tied to Fox Corporation Class A Common Stock. Each unit represents the contingent right to receive one share upon vesting. The units were originally awarded in August 2023, following achievement of pre-determined performance measures over a three-year performance period, and are scheduled to vest in shares on August 15, 2026. After this award, Nallen holds 66,930 such performance stock units directly.
Tomsic Steven reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp Chief Financial Officer Steven Tomsic reported an award of 40,155 Performance Stock Units. Each unit represents the contingent right to receive one share of Fox Corporation’s Class A Common Stock upon vesting. The units were earned after achieving pre-determined performance measures over a three-year performance period and are scheduled to vest in shares on August 15, 2026. Following this grant, Tomsic holds 40,155 Performance Stock Units directly.
MURDOCH LACHLAN K reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp reported that Executive Chair and CEO Lachlan K. Murdoch received a grant of 147,247 Performance Stock Units. Each unit represents a contingent right to receive one share of Class A Common Stock upon vesting. The units were originally awarded in August 2023 and were granted after achievement of pre-determined performance measures over a three-year performance period. They are scheduled to vest in Class A shares on August 15, 2026, and Murdoch’s direct holdings of these units now total 147,247.
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.
Fox Corp director William A. Burck acquired 2,235 shares of Class A Common Stock through the settlement of deferred stock units. The transaction occurred on April 1, 2026 and was recorded at a price of $0.00 per share, reflecting a compensation-related conversion rather than a market purchase.
The filing shows this exercise or conversion of deferred stock units into an equivalent number of Class A shares, increasing his directly held common stock position to 2,235 shares while reflecting ongoing equity-based compensation.
Tomsic Steven reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp Chief Financial Officer Steven Tomsic reported compensation-related equity awards in the form of restricted stock units (RSUs). On March 25, 2026, he received three RSU awards and related dividend-equivalent units, including 131, 74 and 142 units tied to Class A Common Stock.
The footnotes explain that each RSU equals one share of Class A Common Stock and that some units represent dividend equivalents that vest on the same schedule as the underlying RSUs. Vesting for these grants is staggered, with tranches vesting on August 15 of 2025, 2026, 2027 and 2028, aligning the CFO’s incentives with long-term shareholder value rather than near-term trading.
Ryan Paul D reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp director Ryan Paul D received a grant of 126 deferred stock units tied to Class A Common Stock. Each unit represents one share and reflects dividend equivalents credited on his existing deferred stock balance.
These deferred stock units will be paid in stock on the earlier of the first trading day of the quarter five years after the grant or the end of his service as a director. Following this award, he holds a total of 26,966 deferred stock units, including accrued dividend equivalents that vest on the same terms as the underlying units.
NALLEN JOHN reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp President and COO John Nallen received new equity compensation in the form of restricted stock units (RSUs). On March 25, 2026, he was granted 123, 237, and 284 RSUs, each representing one share of Fox Corporation Class A Common Stock. These awards include dividend equivalents and follow multi-year vesting schedules, with portions vesting on August 15 of 2024, 2025, 2026, 2027, and 2028 as specified. The filing reflects routine compensation grants rather than open-market stock purchases or sales.
MURDOCH LACHLAN K reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp Executive Chair and CEO Lachlan K. Murdoch received new equity awards in the form of restricted stock units (RSUs). On March 25, 2026, he was granted three RSU awards covering 271, 523, and 480 underlying shares of Class A Common Stock at no cash cost.
The footnotes explain that each RSU equals one share of Class A stock and that some units represent dividend equivalents accrued on earlier grants. The awards vest in staged installments on August 15 of 2024, 2025, 2026, 2027, and 2028, reflecting ongoing, multi‑year compensation rather than open‑market share purchases or sales.
Fox Corp director Margaret L. Johnson acquired 70 deferred stock units tied to Class A Common Stock as a compensation-related award. Each unit represents the equivalent of one share of Class A stock and reflects dividend equivalents credited on existing deferred stock units. These new units, together with previously held amounts, bring her total deferred stock units to 15,080. The units will be paid out in stock on the earlier of the first trading day of the quarter five years after the related grant or the end of her service as a director.
HERNANDEZ ROLAND A reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp director Roland A. Hernandez received a grant of deferred stock units tied to Class A Common Stock. The award covers 126 deferred stock units, each equal to one share of Class A stock, mainly reflecting dividend equivalents credited on existing units. Following this grant, Hernandez holds a total of 26,966 deferred stock units. These units, including those representing dividend equivalents, become payable in stock on the earlier of the first trading day of the quarter five years after the original grant or the end of his service as a director.
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.
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.
Burck William A reported acquisition or exercise transactions in this Form 4 filing.
Fox Corp director William A. Burck received an award of 136 deferred stock units linked to Class A Common Stock. The units were granted at a reference price of $58.49 per share and represent dividend-equivalent credits tied to existing deferred stock units.
Each deferred stock unit equals one share of Class A Common Stock and will be paid in stock. Payment occurs on the earlier of the first trading day of the quarter five years after the grant or when Burck’s board service ends. After this award, he holds a total of 29,201 deferred stock units, including associated dividend equivalents that vest on the same terms.
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.
Fox Corp Executive Chair and CEO Lachlan K. Murdoch reported a large exercise-and-sell transaction in Fox Class A shares. Over March 11–13, 2026, he exercised stock options covering 952,384 shares at exercise prices of 36.00 and 40.26 per share, converting them into common stock.
Across the same dates, he sold 1,127,756 Class A shares in multiple open-market trades, at weighted average prices generally between the high 50s and low 60s per share, under a pre-arranged Rule 10b5-1 trading plan adopted on December 2, 2025. In a related move, 175,372 shares were sold to, and then purchased by, the LKM Family Trust, which is administered by an independent trustee for the benefit of Murdoch, his family members and certain charities. Following these transactions, Murdoch holds 152 shares directly and 1,251,779 shares indirectly through the LKM Family Trust.
Fox Corp President and COO John Nallen exercised stock options and sold shares of Class A Common Stock. On March 11–12, 2026, he exercised options covering 459,115 shares at exercise prices of $40.26 and $36.00 per share.
Over the same two days, he completed open-market sales totaling 459,115 shares at weighted average prices in the $57–$58 range under a pre-arranged Rule 10b5-1 trading plan. After these transactions, he directly holds 383,066 shares and has an additional 95,508 shares held indirectly by a trust.
Fox Corporation insider trading report: A trust affiliated with Chairman Emeritus Keith Rupert Murdoch reported selling 100,000 shares of Fox Corporation Class B common stock in open market transactions on 11/21/2025, at a weighted average price of $59.26 per share. Following these sales, the trust reported beneficial ownership of 1,100,862 Class B shares, held indirectly. The filing notes that the 100,000 shares were sold across multiple trades within a price range of $59.04 to $59.82 per share.
Fox Corporation director equity award reported. A Fox Corp (ticker FOX) director reported receiving 3,470 deferred stock units on 11/14/2025. Each deferred stock unit represents one share of Fox Corporation Class A Common Stock at a reference price of $64.84. After this grant, the director beneficially owns 26,840 deferred stock units. These units are payable in stock on the earlier of the first trading day of the quarter five years after the grant date or the end of the director’s service on the board.
Fox Corporation director Anthony J. Abbott reported an equity-based compensation transaction involving deferred stock units tied to the company’s Class A Common Stock. On 11/14/2025, he acquired 3,470 deferred stock units at a reference price of $64.84 per unit, each representing the equivalent of one share of Class A Common Stock. These units will be paid in stock on the earlier of the first trading day of the quarter five years after the grant or the end of his service as a director. After this grant, Abbott beneficially holds a total of 15,010 deferred stock units, including dividend equivalents that vest on the same terms as the underlying awards.
Fox Corporation director reports grant of deferred stock units.
A Fox Corporation (FOX) director reported receiving 3,470 deferred stock units on 11/14/2025 at a reference price of $64.84 per unit. Each deferred stock unit represents one share of Fox Corporation Class A Common Stock. These units become payable in stock on the earlier of the first trading day of the quarter five years after the grant or the director’s end of service as a board member. Following this grant, the director holds a total of 29,065 deferred stock units, including dividend equivalents that vest on the same terms as the underlying units.
Fox Corporation director reports grant of deferred stock units
A Fox Corporation director reported receiving 3,470 deferred stock units relating to Class A Common Stock on 11/14/2025. Each deferred stock unit is equal to one share of Class A Common Stock and will be settled in stock. The units become payable on the earlier of the first trading day of the quarter five years after the grant or the end of the director’s board service. Following this grant, the reporting person holds a total of 26,840 deferred stock units, including dividend equivalents that vest on the same terms.
Fox Corporation director Roland A. Hernandez reported an award of deferred stock units tied to the company’s Class A Common Stock. On 11/14/2025, he acquired 3,470 deferred stock units, each representing the equivalent of one share of Class A Common Stock at a price of $64.84. After this grant, he beneficially owns 26,840 deferred stock units.
The deferred stock units will be paid in stock on the earlier of the first trading day of the quarter five years after the grant or the end of his service as a director. The total reported amount includes additional units from dividend equivalents that vest on the same terms as the underlying deferred stock units.
Fox Corporation director Margaret L. Johnson reported an equity award of deferred stock units tied to the company’s Class A Common Stock. On 11/14/2025, she acquired 3,470 deferred stock units at a reference price of $64.84 per unit, each representing the equivalent of one Fox Class A share. After this grant, she beneficially owns 15,010 deferred stock units.
The deferred stock units will be settled in stock on the earlier of the first trading day of the quarter five years after the grant or when she ceases serving as a director. The total reported amount includes additional units credited as dividend equivalents that vest on the same terms as the underlying awards.
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.
Fox Corp (FOX): Chairman Emeritus Keith Rupert Murdoch reported an option exercise and sale on 11/07/2025. He exercised options for 168,756 Class A shares at $33.50 per share and sold the same number in open‑market transactions at a weighted average price of $65.97, with individual sale prices ranging from $65.50 to $66.48. Following these transactions, his direct holdings were 0 shares. He also reported 60,132 shares held indirectly by the K. Rupert Murdoch 2004 Revocable Trust.
Fox Corporation (FOX) reported an insider transaction by a director. On 10/31/2025, the reporting person sold 17,767 shares of Class A Common Stock in open‑market trades at a weighted average price of $64.36, with sales prices ranging from $64.20 to $64.60. Following the sale, the filing shows 0 shares beneficially owned, held directly. The price reflects multiple transactions aggregated and disclosed under Form 4 guidelines.
Roland A. Hernandez, a director of Fox Corporation (FOX), received 8,121 shares of Class A common stock on October 1, 2025 as the settlement of deferred stock units. Each deferred stock unit converts to one share, and the filing states those units became payable in stock on that date. After the transaction, Mr. Hernandez beneficially owned 17,767 shares of Class A common stock directly, and the Form 4 shows 23,370 shares reported in connection with deferred stock units in Table II. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Hernandez on October 2, 2025.
Chase Carey, a director of Fox Corporation (FOX), received 8,121 shares of Class A Common Stock on 10/01/2025 upon settlement of deferred stock units. Each deferred stock unit converts to one share, and the units became payable in stock on that date. After the issuance, Mr. Carey beneficially owns 244,755 shares of Class A Common Stock. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Carey on 10/02/2025. The filing shows the acquisition was a non-cash settlement of deferred compensation rather than an open-market purchase.
William A. Burck, a director of Fox Corporation (FOX), reported an acquisition of deferred stock units on 09/24/2025. The Form 4 shows 116 deferred stock units were acquired as dividend equivalents tied to Fox Class A common stock, recorded at a reference price of $60.16 per share. Each deferred stock unit equals one share of Class A common stock, and the reported units become payable in stock either five years after grant or upon the reporting person's end of service as a director. After this activity, the reporting person beneficially owns 25,595 shares (including these units).
Fox Corporation director Anthony J. Abbott received 52 deferred stock units on 09/24/2025, each unit representing one share of Fox Class A common stock. The filing shows the units include dividend equivalents and were granted at a reference price of $60.16 per share. The deferred stock units representing dividend equivalents become payable in stock when the underlying units are paid out. The reported units vest and become payable on the earlier of the first trading day of the quarter five years after the grant or the reporting person’s end of service as a director. After this grant, Mr. Abbott holds an aggregate of 11,540 deferred stock units, reported as directly beneficially owned.
Fox Corporation director Chase Carey received 143 deferred stock units on 09/24/2025, each representing one share of Class A Common Stock, at an attributable value based on a reported price of $60.16 per share. These deferred stock units include dividend equivalents that vest on the same terms as the underlying units and become payable in stock either five years after grant or upon the director's end of service.
After this grant, the reporting person beneficially owns 31,491 shares (including dividend-equivalent units). The Form 4 was filed by one reporting person and identifies the reporting person as a director of Fox Corp.
Margaret L. Johnson, a director of Fox Corporation (FOX), acquired 52 deferred stock units on 09/24/2025. Each deferred stock unit equals one share of Class A common stock and the reported units include dividend equivalents. The transaction used a per-unit price of $60.16 and the reporting shows 11,540 deferred stock units beneficially owned after the grant. These deferred units become payable in stock on the earlier of the first trading day of the quarter five years after the grant or the director's end of service. The Form 4 was signed by an attorney-in-fact on 09/25/2025.
Roland A. Hernandez, a director of Fox Corporation (FOX), received 143 deferred stock units on 09/24/2025 at an attributable unit value of $60.16. Each deferred stock unit equals one share of Fox Class A common stock and includes dividend equivalents credited as additional deferred units. The reported units become payable in stock on the earlier of the first trading day of the quarter five years after grant or the director's end of service. After this transaction, Hernandez reports beneficial ownership of 31,491 Class A shares (direct).
Paul D. Ryan, a Director of Fox Corporation (FOX), acquired 143 deferred stock units on 09/24/2025 representing dividend equivalents tied to Class A Common Stock at a recorded price of $60.16. The form reports the reporting person holds an aggregate 31,491 deferred stock units, each equivalent to one share of Class A common stock. The deferred stock units representing dividend equivalents become payable in stock upon payout of the underlying deferred stock units and vest payable on the earlier of the first trading day of the quarter five years after the grant or the Reporting Person's end of service as a Director. The Form 4 was filed by one reporting person and signed by an attorney-in-fact.
Lachlan K. Murdoch, Executive Chair and CEO of Fox Corporation, acquired 1,234 restricted stock units on 09/24/2025 as dividend equivalents that were converted into additional RSUs at no cash cost. The Form 4 reports the additions across three outstanding RSU grants, increasing the aggregate holdings for those grants to 56,807, 109,318 and 100,428 restricted stock units respectively. Each restricted stock unit represents one share of Class A common stock. The filing restates the vesting schedules for the grants: one grant vested one-third on 08/15/2024 and 08/15/2025 with the remainder on 08/15/2026; a second vested one-third on 08/15/2025 with further vesting in 2026 and 2027; the third vests in equal thirds on 08/15/2026, 08/15/2027 and 08/15/2028. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Murdoch on 09/25/2025.
John Nallen, identified as President and COO of Fox Corporation, reported acquisitions of restricted stock units on 09/24/2025. The Form 4 shows three separate entries where 119, 230 and 274 restricted stock units were acquired as dividend equivalents with a reported price of $0 for each entry, totaling 623 restricted stock units acquired on that date. Each restricted stock unit represents one share of Fox Class A common stock. The filing discloses the aggregate number of RSUs held for each grant following the transactions as 25,823, 49,689 and 59,343 respectively. The disclosure also details the vesting schedules: one grant vested one-third on August 15, 2024, one-third on August 15, 2025 and remainder on August 15, 2026; a second grant vested one-third on August 15, 2025, will vest one-third on August 15, 2026 and remainder on August 15, 2027; a third grant vests one-third on each of August 15, 2026, 2027 and 2028. The Form 4 is signed on behalf of Mr. Nallen by Laura A. Cleveland as attorney-in-fact on 09/25/2025.
Steven Tomsic, Chief Financial Officer of Fox Corporation (FOX), reported acquisitions of restricted stock units (RSUs) effective 09/24/2025. The Form 4 shows three RSU entries acquired as dividend equivalents (71, 138 and 126 RSUs) with a $0 price, increasing his post-transaction holdings to 15,495, 29,815 and 27,388 RSUs for the respective grants. The filing clarifies each RSU equals one share of Class A Common Stock and details vesting schedules for the grants, including partial vesting that occurred on August 15, 2024 and 2025 and future vesting through 2028. The Form 4 was signed by an attorney-in-fact on 09/25/2025.
Adam G. Ciongoli, Chief Legal and Policy Officer of Fox Corporation (FOX), reported acquisitions of restricted stock units on 09/24/2025. The Form 4 shows four separate restricted stock unit entries credited as dividend equivalents or vested units, each recorded with a transaction code A and a $0 price, reflecting vesting/dividend-equivalent accruals rather than cash purchases. Each restricted stock unit equals one share of Class A common stock. The reported post-transaction beneficial holdings for the grants are 26,755, 25,619, 29,815, and 27,388 RSUs respectively. Vesting schedules are disclosed for each grant, with portions vested in 2024–2025 and remaining tranches scheduled to vest through 2028. The Form 4 was signed by an attorney-in-fact on 09/25/2025.