NEWS CORP (NWS) director logs deferred stock unit grant and cash settlement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEWS CORP director Ana Paula Pessoa reported routine equity compensation and related cash settlement activity. She received 157 deferred stock units valued at $24.43 each, representing the equivalent of 157 shares of Class A Common Stock.
On the same date, 6 deferred stock units were exercised into 6 shares of Class A Common Stock at a conversion price of $0.00 per unit, and those 6 shares were then disposed of back to the issuer at $24.43 per share. Following these transactions, she directly held 41,049 deferred stock units, which are payable in cash based on the value of Class A Common Stock under the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 shares exercised/converted
Mixed
4 txns
Insider
Pessoa Ana Paula
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 157 | $24.43 | $4K |
| Exercise | Deferred Stock Units | 6 | $0.00 | -- |
| Exercise | Class A Common Stock | 6 | $0.00 | -- |
| Disposition | Class A Common Stock | 6 | $24.43 | $146.58 |
Holdings After Transaction:
Deferred Stock Units — 41,049 shares (Direct);
Class A Common Stock — 6 shares (Direct)
Footnotes (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. Each deferred stock unit represents the equivalent of one share of News Corporation's Class A Common Stock. Represents dividend equivalents accrued with respect to deferred stock units previously granted, which become payable in cash upon vesting of the underlying deferred stock units. 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. The deferred stock units, which represent dividend equivalents accrued on deferred stock units held as of the dividend record date that vested on April 1, 2026, became payable in cash on the dividend payment date of April 8, 2026.
Key Figures
Deferred stock units granted: 157 units
Grant reference price: $24.43 per share
Deferred units exercised: 6 units
+3 more
6 metrics
Deferred stock units granted
157 units
Grant at reference price $24.43 per share on April 8, 2026
Grant reference price
$24.43 per share
Value used for 157 new deferred stock units and 6-share disposition
Deferred units exercised
6 units
Converted into 6 Class A Common Stock shares at $0.00 conversion price
Shares disposed to issuer
6 shares
Class A Common Stock returned to issuer at $24.43 per share
Deferred units held after
41,049 units
Aggregate deferred stock units directly held after April 8, 2026 transactions
Net buy/sell shares
0 shares
transactionSummary netBuySellShares indicates neutral net open-market activity
Key Terms
Deferred Stock Units, dividend equivalents, Class A Common Stock, disposition to issuer, +1 more
5 terms
Deferred Stock Units financial
"The deferred stock units were deemed to have settled for the cash value of an equivalent number of shares"
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
"Represents dividend equivalents accrued with respect to deferred 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
"Each deferred stock unit represents the 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.
disposition to issuer financial
"Disposition to issuer"
deferred stock units become payable in cash financial
"The reported deferred stock units become payable in cash on the earlier of (i) the first trading day of the quarter"
FAQ
What did NEWS CORP (NWS) director Ana Paula Pessoa report in this Form 4?
She reported routine compensation-related activity involving deferred stock units. Pessoa received 157 new deferred stock units and exercised 6 units into 6 Class A shares, which were then disposed of back to NEWS CORP at $24.43 per share.
How many deferred stock units does Ana Paula Pessoa hold in NEWS CORP (NWS) after these transactions?
After the reported transactions, Ana Paula Pessoa directly holds 41,049 deferred stock units. Each deferred stock unit represents the cash value equivalent of one share of NEWS CORP Class A Common Stock, payable under the plan’s specified timing and settlement conditions.
What is the value reference used for Ana Paula Pessoa’s NEWS CORP deferred stock units?
Each deferred stock unit represents the equivalent value of one share of NEWS CORP Class A Common Stock. The filing references $24.43 per share as the value used for the new 157-unit grant and the 6-share disposition to the issuer.
When do Ana Paula Pessoa’s NEWS CORP deferred stock units become payable?
The deferred stock units become payable in cash on the earlier of two dates: the first trading day of the quarter five years after the respective grant date, or the end of Ana Paula Pessoa’s service as a director of NEWS CORP.
How are dividend equivalents treated on NEWS CORP (NWS) deferred stock units?
Dividend equivalents accrue on deferred stock units and are credited as additional units. These dividend-equivalent units vest on the same terms as the underlying deferred stock units and become payable in cash on the related dividend payment date once vested.