News Corp (NWS) awards 444,341 cash-settled performance units to CEO
Rhea-AI Filing Summary
Thomson Robert J reported acquisition or exercise transactions in this Form 4 filing.
News Corp reports that Chief Executive Officer Robert J. Thomson received a grant of 444,341 cash-settled performance stock units, each economically equivalent to one share of Class A Common Stock. The award followed achievement of pre-determined performance measures over a three-year period and is scheduled to vest on August 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thomson Robert J
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Cash-Settled Performance Stock Units F1, F2 | 444,341 | -- | -- |
Holdings After Transaction:
Cash-Settled Performance Stock Units — 444,341 shares (Direct)
Footnotes (2)
- F1. Each cash-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
- F2. The cash-settled performance stock units were granted to the Reporting Person after the achievement of pre-determined performance measures over the three-year performance period and shall vest on August 15, 2026.
Key Figures
Performance stock units granted: 444,341 units
Underlying Class A share equivalent: 444,341 shares
Vesting date: August 15, 2026
3 metrics
Performance stock units granted
444,341 units
Cash-settled performance stock units awarded to CEO Robert J. Thomson
Underlying Class A share equivalent
444,341 shares
Each unit is the economic equivalent of one share of Class A Common Stock
Vesting date
August 15, 2026
Scheduled vesting date for the cash-settled performance stock units
Key Terms
Cash-Settled Performance Stock Units, economic equivalent, performance period
3 terms
Cash-Settled Performance Stock Units financial
"Security title reported as Cash-Settled Performance Stock Units"
economic equivalent financial
"Each unit is the economic equivalent of one share of Class A"
performance period financial
"pre-determined performance measures over the three-year performance period"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did News Corp (NWS) grant to its CEO?
News Corp granted CEO Robert J. Thomson 444,341 cash-settled performance stock units, each economically equivalent to one Class A share. The grant reflects achieved pre-determined performance measures over a three-year period and is scheduled to vest on August 15, 2026.
When do Robert J. Thomson’s new performance units at News Corp (NWS) vest?
The cash-settled performance stock units are scheduled to vest on August 15, 2026. The award was granted after achievement of pre-determined performance measures over a three-year performance period, tying payout timing and eligibility to multi-year results.
What are cash-settled performance stock units at News Corp (NWS)?
These awards are cash-settled performance stock units, each the economic equivalent of one Class A share. Instead of receiving stock, the holder receives cash based on share value, with vesting contingent on meeting pre-determined performance measures over a defined period.
Was the News Corp (NWS) CEO grant reported under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as applicable, indicating the reported grant was not affirmed as made under a Rule 10b5-1 trading plan. It is reported as a compensation-related grant, not an open-market purchase or sale.