News Corp: Pessoa's 1,917 units become payable in cash

The 1,702 deferred stock units become payable in cash on the earlier of the first trading day of the quarter five years following grant and her end of service as a director.

Rhea-AI Filing Summary

NEWS Corp director Ana Paula Pessoa reported transactions on October 1, 2026. 1,917 deferred stock units were deemed settled for the cash value of an equivalent number of Class A Common Stock shares and became payable in cash that day. Class A entries show 1,917 shares acquired and 1,917 returned to the issuer at $28.64 per share.

She also acquired 1,702 deferred stock units, reported at $28.64 per share. They become payable in cash on the earlier of the first trading day of the quarter five years following the grant and her end of service as a director.

Insider Trade Summary

1,917 shares exercised/converted

Exercise 4 txns

Insider Pessoa Ana Paula

Role Director

Type	Security	Shares	Price	Value
Exercise	Deferred Stock Units F2, F1, F3, F4	1,917	--	--
Grant/Award	Deferred Stock Units F2, F5, F4	1,702	$28.64	$49K
Exercise	Class A Common Stock F1	1,917	--	--
Disposition	Class A Common Stock	1,917	$28.64	$55K

Holdings After Transaction: Deferred Stock Units — 40,972 contracts (Direct); Class A Common Stock — 0 shares (Direct)

Footnotes (5)

1. F1. The deferred stock units were deemed to have settled for the cash value of an equivalent number of shares of News Corporation's Class A Common Stock.
2. F2. Each deferred stock unit represents the equivalent of one share of News Corporation's Class A Common Stock.
3. F3. The deferred stock units became payable in cash on October 1, 2026, the first trading day of the quarter five years following the grant.
4. F4. Represents the aggregate number of deferred stock units held by the Reporting Person, including deferred stock units accrued as a result of dividend equivalents that vest on the same terms as the respective underlying deferred stock units. The reported deferred stock units become payable in cash on the earlier of (i) the first trading day of the quarter five years following the respective grant and (ii) the Reporting Person's end of service as a Director.
5. F5. The deferred stock units become payable in cash 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.

Key Figures

Deferred stock units deemed settled: 1,917 units Class A Common Stock acquired: 1,917 shares Class A Common Stock returned to issuer: 1,917 shares +2 more

5 metrics

Deferred stock units deemed settled 1,917 units Became payable in cash on October 1, 2026

Class A Common Stock acquired 1,917 shares Reported on October 1, 2026

Class A Common Stock returned to issuer 1,917 shares Reported at $28.64 per share on October 1, 2026

Deferred stock units acquired 1,702 units Reported on October 1, 2026

Reported price per share $28.64 per share Reported for the deferred stock unit acquisition and Class A share return

Key Terms

deferred stock units, dividend equivalents

2 terms

deferred stock units financial

"The deferred stock units were deemed to have settled"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

dividend equivalents financial

"deferred stock units accrued as a result of dividend equivalents"

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.

FAQ

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

What transactions did NWS director Ana Paula Pessoa report on October 1, 2026?

Ana Paula Pessoa reported that 1,917 deferred stock units were deemed settled for cash value and became payable in cash that day. Class A entries show 1,917 shares acquired and 1,917 returned to the issuer at $28.64 per share. She also acquired 1,702 deferred stock units.

When do Ana Paula Pessoa's NWS deferred stock units become payable in cash?

The 1,917 deferred stock units became payable in cash on October 1, 2026, the first trading day of the quarter five years following the grant. The 1,702-unit award becomes payable on the earlier of the first trading day of the quarter five years following the grant and her end of service as a director.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/02/2026 - 04:02 PM Accepted by SEC EDGAR 10/02/2026 - 04:01 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^*

Pessoa Ana Paula

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

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
Class A Common Stock	10/01/2026		M		1,917	A	(1)	1,917	D
Class A Common Stock	10/01/2026		D		1,917	D	$28.64	0	D

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	(2)	10/01/2026		M			1,917	(3)	(3)	Class A Common Stock	1,917	(1)	39,270(4)	D
Deferred Stock Units	(2)	10/01/2026		A		1,702		(5)	(5)	Class A Common Stock	1,702	$28.64	40,972(4)	D

Explanation of Responses:

1. The deferred stock units were deemed to have settled for the cash value of an equivalent number of shares of News Corporation's Class A Common Stock.

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

3. The deferred stock units became payable in cash on October 1, 2026, the first trading day of the quarter five years following the grant.

4. Represents the aggregate number of deferred stock units held by the Reporting Person, including deferred stock units accrued as a result of dividend equivalents that vest on the same terms as the respective underlying deferred stock units. The reported deferred stock units become payable in cash on the earlier of (i) the first trading day of the quarter five years following the respective grant and (ii) the Reporting Person's end of service as a Director.

5. The deferred stock units become payable in cash 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.

Remarks:

	/s/ Kenneth C. Mertz as Attorney-in-Fact for Ana Paula Pessoa	10/02/2026
	** 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)