Fox Corp (FOX) director receives additional deferred stock units grant

Rhea-AI Filing Summary

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ryan Paul D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	126	$58.49	$7K

Holdings After Transaction: Deferred Stock Units — 26,966 shares (Direct)

Footnotes (1)

1. Each deferred stock unit represents the equivalent of one share of Fox Corporation's Class A Common Stock. Represents dividend equivalents accrued with respect to deferred stock units. The deferred stock units representing dividend equivalents become payable in stock upon the pay out of the underlying deferred stock units. The reported deferred stock units become payable on the earlier of (i) the first trading day of the quarter five years following the grant and (ii) the Reporting Person's end of service as a Director. Represents the aggregate number of deferred stock units held by the Reporting Person, including dividend equivalents accrued that vest on the same terms as the respective underlying deferred stock units.

Form 4 Insider Transactions: What Each Field Means →

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^*

Ryan Paul D

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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)
			Code	V	Amount	(A) or (D)	Price

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
Deferred Stock Units	(1)	03/25/2026		A		126(2)		(3)	(3)	Class A Common Stock	126	$58.49	26,966(4)	D

Explanation of Responses:

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

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

3. The deferred stock units representing dividend equivalents become payable in stock upon the pay out of the underlying deferred stock units. The reported deferred stock units become payable on the earlier of (i) the first trading day of the quarter five years following the grant and (ii) the Reporting Person's end of service as a Director.

4. Represents the aggregate number of deferred stock units held by the Reporting Person, including dividend equivalents accrued that vest on the same terms as the respective underlying deferred stock units.

Remarks:

	/s/ Laura A. Cleveland as Attorney-in-Fact for Paul D. Ryan	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)

FAQ

What insider transaction did Fox Corp (FOX) report for director Ryan Paul D?

Fox Corp reported that director Ryan Paul D received 126 deferred stock units, each equal to one share of Class A Common Stock. These units represent dividend equivalents credited on existing awards and increase his total deferred stock units to 26,966.

What are the terms of the new deferred stock units granted at Fox Corp (FOX)?

The newly reported deferred stock units become payable in stock on the earlier of five years after the grant’s quarter or the director’s end of service. This aligns their payout with the underlying deferred stock units’ existing vesting schedule and service-based conditions.

How many total deferred stock units does the Fox Corp (FOX) director now hold?

After this transaction, the director holds 26,966 deferred stock units in total. This figure includes both prior awards and dividend equivalents that accrue and vest on the same terms as the corresponding underlying deferred stock unit grants.

Do Fox Corp (FOX) deferred stock units equal common shares?

Each Fox Corp deferred stock unit represents the equivalent of one share of Class A Common Stock. When the payout conditions are met, the units are settled in stock, effectively delivering Class A shares based on the number of deferred stock units held.

What triggered the 126 new deferred stock units at Fox Corp (FOX)?

The 126 additional deferred stock units represent dividend equivalents accrued on existing deferred stock units. Instead of paying cash dividends, Fox Corp credits equivalent units, which then vest and pay out under the same terms as the original deferred stock awards.