Lachlan Murdoch logs stock and unit moves at News Corp
NEWS CORP director Lachlan K. Murdoch reported compensation-related stock transactions involving Class A Common Stock and deferred stock units.
Rhea-AI Filing Summary
NEWS CORP director Lachlan K. Murdoch reported compensation-related stock transactions involving Class A Common Stock and deferred stock units. He exercised 1,747 deferred stock units into 1,747 shares of Class A Common Stock and, in a related disposition to the issuer, transferred 1,747 shares at $25.78 per share, leaving 114 Class A shares held directly.
He also received a grant of 1,891 deferred stock units, each representing the equivalent of one share of Class A Common Stock. After these changes, he held 39,296 deferred stock units, which are payable in cash based on News Corp’s Class A share value under the timing terms described in the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,747 shares exercised/converted
Exercise
4 txns
Insider
MURDOCH LACHLAN K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units | 1,747 | $0.00 | $0.00 |
| Grant/Award | Deferred Stock Units | 1,891 | $25.78 | $49K |
| Exercise | Class A Common Stock | 1,747 | $0.00 | $0.00 |
| Disposition | Class A Common Stock | 1,747 | $25.78 | $45K |
Holdings After Transaction:
Deferred Stock Units — 41,187 contracts (Direct);
Class A Common Stock — 114 shares (Direct)
Footnotes (5)
- F1. 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.
- F2. Each deferred stock unit represents the equivalent of one share of News Corporation's Class A Common Stock.
- F3. The deferred stock units became payable in cash on July 1, 2026, the first trading day of the quarter five years following the grant.
- F4. 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.
- F5. 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
Shares disposed to issuer: 1,747 shares
Disposition price: $25.78 per share
Shares held after transactions: 114 shares
+3 more
6 metrics
Shares disposed to issuer
1,747 shares
Class A Common Stock disposition to issuer at $25.78 per share
Disposition price
$25.78 per share
Price for 1,747 Class A shares disposed to issuer
Shares held after transactions
114 shares
Direct holdings of News Corp Class A Common Stock after Form 4 events
New deferred stock units granted
1,891 units
Deferred stock unit grant referencing Class A Common Stock
Deferred stock units exercised
1,747 units
Deferred stock units converted into Class A Common Stock
Deferred stock units after changes
39,296 units
Aggregate deferred stock units held following reported transactions
Key Terms
Deferred Stock Units, Disposition to issuer, dividend equivalents, Class A Common Stock
4 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Lachlan K. Murdoch report in this NEWS CORP (NWS) Form 4?
Lachlan K. Murdoch reported exercising 1,747 deferred stock units into 1,747 Class A shares, then disposing 1,747 shares back to the issuer at $25.78 per share. He also received 1,891 new deferred stock units tied to News Corp’s Class A Common Stock value.
What deferred stock unit activity did Lachlan K. Murdoch report for NEWS CORP (NWS)?
He reported a grant of 1,891 deferred stock units and the exercise or conversion of 1,747 deferred stock units. After these changes, his aggregate deferred stock unit holdings were 39,296 units, each representing the equivalent of one share of Class A Common Stock payable in cash.
When do Lachlan K. Murdoch’s deferred stock units in NEWS CORP become payable?
The filing states the reported deferred stock units become payable in cash on the earlier of the first trading day of the quarter five years after each respective grant, or the end of Lachlan K. Murdoch’s service as a News Corp director, according to the award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
