News Corp (NWS) CFO receives new stock-settled RSU dividend awards

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Chandrashekar Lavanya reported acquisition or exercise transactions in this Form 4 filing.

News Corp Chief Financial Officer Lavanya Chandrashekar received stock-settled restricted stock units as routine equity compensation. On April 8, 2026, she was granted 77 and 107 stock-settled RSUs, each economically equivalent to one share of Class A common stock, reflecting dividend equivalents on previously granted awards.

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	77	$24.43	$2K
Grant/Award	Stock-Settled Restricted Stock Units	107	$24.43	$3K

Holdings After Transaction: Stock-Settled Restricted Stock Units — 19,099 shares (Direct)

Footnotes (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.

Key Figures

RSU grant 1: 77 stock-settled RSUs RSU grant 2: 107 stock-settled RSUs Reference price: $24.43 per unit +2 more

5 metrics

RSU grant 1 77 stock-settled RSUs Grant on April 8, 2026

RSU grant 2 107 stock-settled RSUs Grant on April 8, 2026

Reference price $24.43 per unit Reporting value for both RSU grants

RSUs following transaction (award 1) 19,099 units Stock-settled RSUs following first reported grant

RSUs following transaction (award 2) 26,376 units Stock-settled RSUs following second reported grant

Key Terms

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

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 previously granted"

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.

Class A Common Stock financial

"economic equivalent of one share of News Corporation 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.

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^*

Chandrashekar Lavanya

(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 Financial 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		77		⁽²⁾	⁽²⁾	Class A Common Stock	77	$24.43	19,099	D
Stock-Settled Restricted Stock Units	⁽¹⁾	04/08/2026		A		107		⁽²⁾	⁽²⁾	Class A Common Stock	107	$24.43	26,376	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	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) CFO Lavanya Chandrashekar report in this Form 4?

She reported receiving stock-settled restricted stock units as equity compensation. The grants reflect dividend equivalents on previously awarded RSUs, increasing her right to receive Class A common shares without any open-market buying or selling activity.

How many stock-settled RSUs did the News Corp (NWS) CFO receive?

She received two RSU awards, one for 77 units and another for 107 units. Each unit is economically equivalent to one share of News Corp Class A common stock, adding to her existing equity-based compensation position at the company.

What is the economic value basis of the RSU grants reported by News Corp (NWS) CFO?

Both RSU grants use a reference price of $24.43 per unit. This price is used for reporting purposes and reflects the economic value of each stock-settled RSU, which is tied to a share of Class A common stock.

Are the RSUs granted to the News Corp (NWS) CFO immediately payable in shares?

No, these units are linked to vesting of underlying RSUs. The filing states the awards represent dividend equivalents that become payable in shares only when the related previously granted stock-settled RSUs vest in the future.

Did the News Corp (NWS) CFO buy or sell any common stock in this Form 4?

No, there were no open-market purchases or sales reported. The transactions are coded as grants or awards of stock-settled RSUs, representing compensation and dividend equivalents rather than discretionary trading in News Corp’s Class A common shares.