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.
Fox Corporation reported first-quarter fiscal 2026 results with revenue of $3,738 million, up 5% year over year, driven by higher distribution, advertising, and content revenues. Net income attributable to stockholders was $599 million versus $827 million a year ago, and diluted EPS was $1.32 compared with $1.78. Adjusted EBITDA was $1,065 million, up 2%.
Cable Network Programming revenue rose 4% to $1,662 million and Television revenue rose 5% to $2,050 million, with Television advertising led by Tubi and stronger NFL pricing. Operating cash flow was a use of $130 million versus an inflow of $158 million last year. Cash and cash equivalents were $4,368 million. The Board increased the repurchase authorization to $12 billion; the company repurchased approximately 4.24 million Class A shares for about $250 million and announced an expected $1.5 billion accelerated share repurchase commencing October 31, 2025.
Fox Corporation furnished an 8-K under Item 2.02 announcing it released financial results for the quarter ended September 30, 2025. The related press release is attached as Exhibit 99.1 and incorporated by reference.
The company notes the information is being furnished and will not be deemed “filed” under the Exchange Act, except as expressly incorporated by reference. Class A (FOXA) and Class B (FOX) shares remain listed on The Nasdaq Global Select Market.
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.