News Corp (NWS) CAO receives stock-settled restricted stock unit grants

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

News Corp Chief Accounting Officer Marygrace DeGrazio received additional equity compensation through stock-settled restricted stock units. On April 8, 2026, she was granted awards covering 23, 38, and 54 stock-settled restricted stock units, each economically equivalent to one share of Class A Common Stock.

The reference price for these grants was $24.43 per unit, with no cash exercise price. Following the latest grant, her directly held stock-settled restricted stock units totaled 13,467. Some of the units represent dividend equivalents that will be paid in shares when the underlying units vest.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider DeGrazio Marygrace

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock-Settled Restricted Stock Units	23	$24.43	$561.89
Grant/Award	Stock-Settled Restricted Stock Units	38	$24.43	$928.34
Grant/Award	Stock-Settled Restricted Stock Units	54	$24.43	$1K

Holdings After Transaction: Stock-Settled Restricted Stock Units — 5,876 shares (Direct)

Footnotes (1)

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

RSU grant 1: 23 stock-settled RSUs RSU grant 2: 38 stock-settled RSUs RSU grant 3: 54 stock-settled RSUs +2 more

5 metrics

RSU grant 1 23 stock-settled RSUs Grant dated April 8, 2026

RSU grant 2 38 stock-settled RSUs Grant dated April 8, 2026

RSU grant 3 54 stock-settled RSUs Grant dated April 8, 2026

Reference price $24.43 per unit RSU grants on April 8, 2026

Total RSUs held 13,467 stock-settled RSUs Direct holdings following latest grant

Key Terms

Stock-Settled Restricted Stock Units, Class A Common Stock, dividend equivalents

3 terms

Stock-Settled Restricted Stock Units financial

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

Class A Common Stock financial

"economic equivalent of one share of News Corporation's Class A Common Stock"

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.

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.

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 04:27 PM

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^*

DeGrazio Marygrace

(Last)

(First)

(Middle)

C/O NEWS CORPORATION

1211 AVENUE OF THE AMERICAS

(Street)

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)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock-Settled Restricted Stock Units	⁽¹⁾	04/08/2026		A		23		⁽²⁾	⁽²⁾	Class A Common Stock	23	$24.43	5,876	D
Stock-Settled Restricted Stock Units	⁽¹⁾	04/08/2026		A		38		⁽²⁾	⁽²⁾	Class A Common Stock	38	$24.43	9,538	D
Stock-Settled Restricted Stock Units	⁽¹⁾	04/08/2026		A		54		⁽²⁾	⁽²⁾	Class A Common Stock	54	$24.43	13,467	D

Explanation of Responses:

1. Each stock-settled restricted stock unit is the economic equivalent of one share of News Corporation's 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 Marygrace DeGrazio	04/09/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did News Corp (NWS) disclose about Marygrace DeGrazio’s equity awards?

News Corp reported that Chief Accounting Officer Marygrace DeGrazio received grants of stock-settled restricted stock units. These awards are compensation-related, giving her rights economically equivalent to Class A Common Stock shares, subject to vesting conditions described through the restricted stock unit structure.

How many restricted stock units did the News Corp (NWS) officer receive?

Marygrace DeGrazio received three stock-settled restricted stock unit awards of 23, 38, and 54 units. Each unit is the economic equivalent of one share of News Corp’s Class A Common Stock, increasing her equity-based compensation exposure tied to the company’s stock performance.

What is the reference price for the new News Corp (NWS) restricted stock units?

The stock-settled restricted stock unit grants were reported with a reference price of $24.43 per unit. This figure reflects the value used for the award calculation, while the units themselves have a zero exercise price because they settle directly in shares upon vesting.

How many stock-settled restricted stock units does the News Corp (NWS) officer hold after these awards?

After the latest grant, Marygrace DeGrazio directly holds 13,467 stock-settled restricted stock units. This total reflects cumulative awards reported in the filing and represents potential future shares of Class A Common Stock deliverable when the units vest under the plan terms.

What are dividend equivalents on News Corp (NWS) restricted stock units?

Dividend equivalents are additional units that accrue on existing stock-settled restricted stock units to mirror dividends on Class A shares. For these awards, the dividend equivalents become payable in additional shares when the underlying restricted stock units vest, enhancing the overall equity-based compensation.