News Corp’s David B. Pitofsky acquires stock units

The reported units are dividend equivalents that become payable in shares when the underlying restricted stock units vest.

Rhea-AI Filing Summary

News Corp General Counsel David B. Pitofsky acquired 27, 56 and 90 stock-settled restricted stock units on October 7, 2026. Each unit is the economic equivalent of one share of Class A Common Stock. The units represent dividend equivalents accrued on previously granted restricted stock units; those dividend equivalents become payable in shares upon vesting of the underlying units.

Insider Trade Summary

Grant/Award: 173 shares

Grant/Award 3 txns

Insider Pitofsky David B

Role General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Stock-Settled Restricted Stock Units F1, F2	27	$28.55	$770.85
Grant/Award	Stock-Settled Restricted Stock Units F1, F2	56	$28.55	$2K
Grant/Award	Stock-Settled Restricted Stock Units F1, F2	90	$28.55	$3K

Holdings After Transaction: Stock-Settled Restricted Stock Units — 49,936 contracts (Direct)

Footnotes (2)

1. F1. Each stock-settled restricted stock unit is the economic equivalent of one share of News Corporation Class A Common Stock.
2. F2. Represents dividend equivalents accrued with respect to stock-settled restricted stock units previously granted, which become payable in shares upon vesting of the underlying stock-settled restricted stock units.

Key Figures

Stock-settled restricted stock units: 27 units Stock-settled restricted stock units: 56 units Stock-settled restricted stock units: 90 units +1 more

4 metrics

Stock-settled restricted stock units 27 units Acquired October 7, 2026

Stock-settled restricted stock units 56 units Acquired October 7, 2026

Stock-settled restricted stock units 90 units Acquired October 7, 2026

Share equivalence 1 Class A Common Stock share per unit Economic equivalent of each stock-settled restricted stock unit

Key Terms

Stock-Settled Restricted Stock Units, dividend equivalents, vesting

3 terms

Stock-Settled Restricted Stock Units financial

"Each stock-settled restricted stock unit is the economic equivalent of one share"

dividend equivalents financial

"Represents dividend equivalents accrued with respect to stock-settled restricted stock units"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

vesting financial

"become payable in shares upon vesting of the underlying stock-settled restricted stock units"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did NWS General Counsel David B. Pitofsky receive?

On October 7, 2026, he acquired stock-settled restricted stock units in three reported amounts: 27, 56 and 90. Each unit is the economic equivalent of one share of Class A Common Stock. The units represent dividend equivalents accrued on previously granted restricted stock units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/09/2026 - 04:03 PM Accepted by SEC EDGAR 10/09/2026 - 04:02 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^*

Pitofsky David B

(Last) (First) (Middle)

C/O NEWS 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
NEWS CORP [ NWS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/07/2026

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
Stock-Settled Restricted Stock Units	(1)	10/07/2026		A		27		(2)	(2)	Class A Common Stock	27	$28.55	7,838	D
Stock-Settled Restricted Stock Units	(1)	10/07/2026		A		56		(2)	(2)	Class A Common Stock	56	$28.55	16,289	D
Stock-Settled Restricted Stock Units	(1)	10/07/2026		A		90		(2)	(2)	Class A Common Stock	90	$28.55	25,809	D

Explanation of Responses:

1. Each stock-settled restricted stock unit is the economic equivalent of one share of News Corporation Class A Common Stock.

2. Represents dividend equivalents accrued with respect to stock-settled restricted stock units previously granted, which become payable in shares upon vesting of the underlying stock-settled restricted stock units.

Remarks:

	/s/ Kenneth C. Mertz as Attorney-in-Fact for David B. Pitofsky	10/09/2026
	** 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)