Director Natalie Bancroft adjusts deferred stock units at News Corp (NWS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
News Corp director Natalie Bancroft reported compensation-related changes in deferred stock units and associated Class A Common Stock entries. She exercised 1,644 deferred stock units, which were deemed settled for the cash value of an equivalent number of Class A shares, and received a new grant of 1,972 deferred stock units valued using a reference price of $24.71 per share. Each deferred stock unit represents the value of one Class A share and is payable in cash, generally on the first trading day of the quarter five years after grant or upon her end of service as a director. Following these transactions, she held 40,892 deferred stock units, while her directly held Class A Common Stock position shown in this filing moved to zero after a matching 1,644-share disposition back to the issuer.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,644 shares exercised/converted
Mixed
4 txns
Insider
BANCROFT NATALIE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units | 1,644 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 1,972 | $24.71 | $49K |
| Exercise | Class A Common Stock | 1,644 | $0.00 | -- |
| Disposition | Class A Common Stock | 1,644 | $24.71 | $41K |
Holdings After Transaction:
Deferred Stock Units — 38,920 shares (Direct);
Class A Common Stock — 1,644 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. The deferred stock units became payable in cash on April 1, 2026, the first trading day of the quarter five years following the grant. 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 become payable in cash on the earlier of (i) the first trading day of the quarter five years following the grant and (ii) the Reporting Person's end of service as a Director.
Key Figures
Deferred stock units exercised: 1,644 units
New deferred stock unit grant: 1,972 units at $24.71
Deferred stock units held: 40,892 units
+2 more
5 metrics
Deferred stock units exercised
1,644 units
Exercise or conversion of deferred stock units into cash value equivalent
New deferred stock unit grant
1,972 units at $24.71
Grant, award, or other acquisition of deferred stock units
Deferred stock units held
40,892 units
Aggregate deferred stock units following the reported transactions
Class A shares disposed to issuer
1,644 shares at $24.71
Disposition of Class A Common Stock back to News Corp
Class A shares held after transaction
0 shares
Direct holdings of Class A Common Stock following disposition
Key Terms
Deferred Stock Units, Disposition to issuer, dividend equivalents, Class A Common Stock, +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.
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
dividend equivalents financial
"including deferred stock units accrued as a result of dividend equivalents that vest on the same terms..."
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Natalie Bancroft report at News Corp (NWS)?
Natalie Bancroft reported exercising 1,644 deferred stock units, receiving a new grant of 1,972 deferred stock units, and a matching 1,644-share disposition of Class A Common Stock back to the issuer. These are compensation-related, non-open-market transactions tied to her role as a director.
How many deferred stock units does Natalie Bancroft hold after this Form 4 for NWS?
After the reported transactions, Natalie Bancroft held a total of 40,892 deferred stock units. Each unit mirrors the value of one share of News Corp Class A Common Stock and will be settled in cash according to the plan’s payout schedule and service conditions.
When do Natalie Bancroft’s News Corp deferred stock units become payable?
The deferred stock units generally become payable in cash on the first trading day of the quarter five years after the respective grant. They can also become payable earlier if her service as a News Corp director ends before that scheduled payment date.