[Form 4] NEWS CORP Insider Trading Activity

Rhea-AI Filing Summary

News Corporation insider reporting shows Lavanya Chandrashekar, the company's Chief Financial Officer, acquired stock-settled restricted stock units on 10/08/2025. The filing reports two grant events: 69 units and 95 units, for a combined 164 restricted stock units that will settle into Class A common shares when vested. Each unit is recorded at a per-share equivalent value of $27.38. The Form 4 lists resulting beneficial ownership figures of 19,022 and 26,269 shares on the respective lines, and the filing was signed on 10/10/2025 by an attorney-in-fact. The filing also notes that the 95-unit line represents dividend equivalents accrued on previously granted units that become payable in shares upon vesting.

Insights

Equity Compensation Analyst

CFO received $27.38-valued RSUs totaling 164 units on 10/08/2025.

The transaction shows two stock-settled restricted stock unit entries: 69 units and 95 dividend-equivalent units. These awards are recorded at an economic equivalent value of $27.38 per unit and will convert to Class A common stock when vesting conditions are met.

The main dependency is vesting and any company-specific holding requirements; the dividend-equivalent entry indicates accrued compensation paid in additional shares rather than cash. Monitor upcoming vesting schedules and any subsequent Form 4 disclosures for sales or additional grants within the next 12 months.

Corporate Governance Analyst

Insider activity is a routine compensation-related acquisition by the CFO, not a market sale.

The filing identifies Chandrashekar as an officer and reports acquisitions rather than dispositions, which typically signal compensation settlement or dividend-equivalent conversion rather than opportunistic trading. The filing was executed by an attorney-in-fact and properly reports beneficial ownership figures after the transactions.

Investors may note this parallels standard executive equity compensation practice; check future filings for vesting milestones or any changes in ownership concentration over the coming year.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Chandrashekar Lavanya

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock-Settled Restricted Stock Units	69	$27.38	$2K
Grant/Award	Stock-Settled Restricted Stock Units	95	$27.38	$3K

Holdings After Transaction: Stock-Settled Restricted Stock Units — 19,022 shares (Direct)

Footnotes (1)

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

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^*

Chandrashekar Lavanya

(Last) (First) (Middle)

C/O NEWS CORPORATION

1211 AVENUE OF THE AMERICAS

(Street)

NEW YORK NY 10036

(City) (State) (Zip)

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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	10/08/2025		A		69		(2)	(2)	Class A Common Stock	69	$27.38	19,022	D
Stock-Settled Restricted Stock Units	(1)	10/08/2025		A		95		(2)	(2)	Class A Common Stock	95	$27.38	26,269	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 Lavanya Chandrashekar	10/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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