NWS insider converts 174 RSUs into Class A shares at $27.38
Rhea-AI Filing Summary
News Corporation (NWS) reporting shows an officer received stock-settled restricted stock units that became payable in Class A common shares upon vesting. A total of 174 RSUs were settled in three grants (30, 56, 88), with a reported per-share value of $27.38. The filing lists the post-transaction beneficially owned share counts linked to each settled tranche: 8,348, 15,553, and 24,248, all held directly. The RSUs include dividend equivalents that are payable in shares when the underlying units vest. The form was submitted under Section 16 reporting requirements and was signed by an attorney-in-fact on behalf of the reporting person.
Positive
- 174 RSUs vested, converting to Class A common shares and increasing direct insider ownership
- Dividend equivalents were accrued and paid in shares, preserving equity alignment without cash outlay
Negative
- None.
Insights
Insider vesting of RSUs increases direct share holdings modestly.
The officer reported receipt of 174 stock-settled restricted stock units, settled across three grants and recorded at $27.38 per share. The filing also discloses the post-transaction direct beneficial ownership figures of 8,348, 15,553, and 24,248 for the related tranches.
This transaction is a routine equity compensation settlement rather than an open-market purchase or sale, so voting and economic exposure increased by the settled shares. Monitor future Section 16 filings for any sales or additional grants to track changes in insider alignment over the next 12 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock-Settled Restricted Stock Units | 30 | $27.38 | $821.40 |
| Grant/Award | Stock-Settled Restricted Stock Units | 56 | $27.38 | $2K |
| Grant/Award | Stock-Settled Restricted Stock Units | 88 | $27.38 | $2K |
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.