News Corp (NWS) CFO sells stock, awarded 27,777 new RSUs
Rhea-AI Filing Summary
NEWS CORP (NWS) reports that Chief Financial Officer Lavanya Chandrashekar conducted several equity transactions involving Class A Common Stock and stock-settled restricted stock units. On August 17, 2026, she sold 17,785 shares at $28.665 per share in an open-market or private transaction.
On August 15, 2026, previously granted stock-settled restricted stock units for 9,548 and 8,790 units settled into an equivalent number of Class A shares, including dividend equivalents accrued during vesting. To satisfy tax withholding obligations upon vesting, 3,443 and 3,169 shares were withheld at $29.16 per share. She also received a new grant of 27,777 stock-settled restricted stock units as part of her fiscal 2027 long-term equity incentive award, each equivalent to one Class A share and scheduled to vest in thirds on August 15, 2027, 2028, and 2029, subject to time-based vesting conditions.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Chandrashekar Lavanya
Role
Chief Financial Officer
Sold
17,785 shs ($510K)
Approx. gross sale proceeds
$510K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 17,785 | $28.665 | $510K |
| Exercise | Stock-Settled Restricted Stock Units F4, F1, F2 | 9,548 | -- | -- |
| Exercise | Stock-Settled Restricted Stock Units F4, F1, F2 | 8,790 | -- | -- |
| Grant/Award | Stock-Settled Restricted Stock Units F4, F5, F6 | 27,777 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 9,548 | -- | -- |
| Tax Withholding | Class A Common Stock F3 | 3,443 | $29.16 | $100K |
| Exercise | Class A Common Stock F1, F2 | 8,790 | -- | -- |
| Tax Withholding | Class A Common Stock F3 | 3,169 | $29.16 | $92K |
Holdings After Transaction:
Stock-Settled Restricted Stock Units — 54,914 shares (Direct);
Class A Common Stock — 0 shares (Direct)
Footnotes (6)
- F1. Includes dividend equivalents accrued during the vesting period that are subject to the same time-based vesting conditions as the underlying stock-settled restricted stock units.
- F2. The stock-settled restricted stock units were deemed to have settled for an equivalent number of shares of News Corporation's Class A Common Stock.
- F3. Represents shares withheld upon vesting of the applicable incentive award to satisfy tax withholding obligations.
- F4. Each stock-settled restricted stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
- F5. The stock-settled restricted stock units were granted as part of the Reporting Person's fiscal 2027 long-term equity incentive award.
- F6. The stock-settled restricted stock units will vest in thirds on August 15, 2027, 2028 and 2029, subject to time-based vesting conditions.
Key Figures
Open-market sale: 17,785 shares at $28.665 per share
RSUs settled (lot 1): 9,548 stock-settled restricted stock units
RSUs settled (lot 2): 8,790 stock-settled restricted stock units
+3 more
6 metrics
Open-market sale
17,785 shares at $28.665 per share
Class A Common Stock sold on August 17, 2026
RSUs settled (lot 1)
9,548 stock-settled restricted stock units
Settled into equivalent Class A shares on August 15, 2026
RSUs settled (lot 2)
8,790 stock-settled restricted stock units
Settled into equivalent Class A shares on August 15, 2026
Shares withheld for taxes (lot 1)
3,443 shares at $29.16 per share
Withheld upon vesting to satisfy tax withholding obligations
Shares withheld for taxes (lot 2)
3,169 shares at $29.16 per share
Withheld upon vesting to satisfy tax withholding obligations
New RSU grant
27,777 stock-settled restricted stock units
Fiscal 2027 long-term equity incentive award, vesting 2027–2029
Key Terms
stock-settled restricted stock units, dividend equivalents, tax withholding obligations, long-term equity incentive award
4 terms
stock-settled restricted stock units financial
"The stock-settled restricted stock units were deemed to have settled"
dividend equivalents financial
"Includes dividend equivalents accrued during the vesting period"
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.
tax withholding obligations financial
"shares withheld upon vesting of the applicable incentive award to satisfy tax withholding obligations"
long-term equity incentive award financial
"granted as part of the Reporting Person's fiscal 2027 long-term equity incentive award"
FAQ
What stock sale did NEWS CORP (NWS) CFO Lavanya Chandrashekar report?
Lavanya Chandrashekar reported selling 17,785 shares of NEWS CORP Class A Common Stock at $28.665 per share on August 17, 2026. This was disclosed as a sale in an open-market or private transaction in her Form 4 filing.
What restricted stock units vested for the NWS CFO in this Form 4?
On August 15, 2026, stock-settled restricted stock units for 9,548 and 8,790 units vested and were deemed settled into an equivalent number of NEWS CORP Class A shares. These amounts include dividend equivalents accrued during the vesting period, subject to the same time-based vesting conditions.
What new equity award did the NWS CFO receive as part of fiscal 2027 incentives?
Lavanya Chandrashekar received a grant of 27,777 stock-settled restricted stock units as part of her fiscal 2027 long-term equity incentive award. Each unit equals one Class A share and will vest in thirds on August 15, 2027, 2028, and 2029, subject to time-based conditions.
Are the new restricted stock units for NWS stock immediately vested?
No. The 27,777 stock-settled restricted stock units granted to the NWS CFO will vest in three equal installments on August 15, 2027, 2028, and 2029. Vesting remains subject to time-based vesting conditions set under the fiscal 2027 long-term equity incentive award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
