Fox Corp grants RSUs and performance options
Fox Corp reported equity compensation awards to Chief Legal and Policy Officer Adam G. Ciongoli on August 11, 2026.
Rhea-AI Filing Summary
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.
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Insider Trade Summary
Grant/Award: 57,485 shares
Grant/Award
2 txns
Insider
Ciongoli Adam G.
Role
Chief Legal and Policy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 25,853 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Option (Right to Buy) F3 | 31,632 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 25,853 contracts (Direct);
Performance Stock Option (Right to Buy) — 31,632 contracts (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents the contingent right to receive one share of Fox Corporation's Class A Common Stock upon vesting.
- F2. The restricted stock units will vest one-third on each of August 15, 2027, August 15, 2028 and August 15, 2029.
- F3. The performance stock options may vest and become exercisable on August 11, 2029, based on the attainment of a 15% increase in the price of Fox Corporation's Class A Common Stock over the exercise price for at least 30 consecutive calendar days during the period from the date of grant to August 11, 2029.
Key Figures
Restricted Stock Units granted: 25,853 units
Performance stock options granted: 31,632 options
Option exercise price: $62.31 per share
+4 more
7 metrics
Restricted Stock Units granted
25,853 units
RSU award to Adam G. Ciongoli on August 11, 2026
Performance stock options granted
31,632 options
Performance stock option award on August 11, 2026
Option exercise price
$62.31 per share
Exercise price for performance stock options
Option expiration date
August 11, 2036
Expiration of performance stock options
RSU vesting dates
August 15, 2027, 2028, 2029
One-third of RSUs vest on each listed date
Performance vesting hurdle
15% share-price increase
Required increase over $62.31 exercise price for option vesting
Performance measurement window
30 consecutive days by August 11, 2029
Share-price condition must be met during this period
Key Terms
Restricted Stock Units, Performance Stock Option, Class A Common Stock, exercise price
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents the contingent right to receive one share"
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.
Performance Stock Option financial
"The performance stock options may vest and become exercisable on August 11, 2029"
Class A Common Stock financial
"receive one share of Fox Corporation's Class A Common Stock upon vesting"
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.
exercise price financial
"15% increase in the price of Fox Corporation's Class A Common Stock over the exercise price"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Fox Corp (FOX) grant to Adam G. Ciongoli?
Fox Corp granted Adam G. Ciongoli 25,853 Restricted Stock Units and 31,632 performance stock options on August 11, 2026, tied to Fox Corporation’s Class A Common Stock as part of his compensation.
How do Adam G. Ciongoli’s new RSUs from Fox Corp (FOX) vest?
The 25,853 RSUs vest in three equal tranches. One-third vests on August 15, 2027, one-third on August 15, 2028, and the remaining third on August 15, 2029, each delivering one share of Class A stock per unit.
What are the terms of the performance stock options granted by Fox Corp (FOX)?
Fox Corp granted 31,632 performance stock options with a $62.31 exercise price, expiring August 11, 2036. They may vest on August 11, 2029, if a specified share-price performance condition is achieved.
What performance condition applies to Fox Corp (FOX) performance stock options?
The options may vest if Fox Class A shares rise at least 15% above the $62.31 exercise price for 30 consecutive calendar days between the August 11, 2026 grant date and August 11, 2029.
Does the Form 4 for Fox Corp (FOX) report any stock sales by Adam G. Ciongoli?
No stock sales are reported. The Form 4 shows only acquisitions of Restricted Stock Units and performance stock options as compensation awards, with no corresponding sales or dispositions on August 11, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
