NWSA insider sale notice: $1.30M from restricted stock vesting

Rhea-AI Filing Summary

Form 144 notice for News Corporation (NWSA) shows a proposed sale of 43,635 Class A shares through Fidelity Brokerage Services on 08/15/2025, with an aggregate market value of $1,297,142.99. The shares were acquired the same day as restricted stock vesting from the issuer and the consideration is recorded as compensation. The filing reports 376,442,848 Class A shares outstanding and indicates no securities sold by this person in the prior three months. Several issuer and filer identifying fields are not populated in the form.

Positive

• Securities were acquired via restricted stock vesting, indicating the shares resulted from compensation rather than a third-party purchase
• No securities sold in the prior three months for the person whose account is to be sold, suggesting this is not part of frequent insider selling

Negative

• Proposed sale by an affiliate/insider of 43,635 shares (aggregate $1,297,142.99) will enter the market on 08/15/2025
• Key filer and issuer contact fields are blank, limiting transparency on the identity of the selling person

Insights

Financial Analyst

TL;DR: Routine insider sale following restricted stock vesting; size is immaterial relative to outstanding shares.

The filing documents an affiliate selling 43,635 Class A shares valued at $1.30M on 08/15/2025 after those shares vested as compensation. Relative to 376.44M outstanding Class A shares, the lot represents roughly 0.0116% of shares outstanding, so the direct market-impact and dilution implications are immaterial. The absence of any sales in the prior three months suggests this is not part of a high-frequency disposal pattern. However, the form lacks several filer and issuer contact details, which limits traceability of the selling party.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure of a compensatory vesting event and planned Rule 144 sale; no governance red flags visible.

The notice conforms to Rule 144 mechanics: shares from restricted stock vesting were registered for sale through a broker on a specified date and the filer affirms no undisclosed material information. There are no entries indicating prior recent sales, and the transaction is recorded as compensation rather than a secondary transfer. Missing issuer/filer contact fields reduce transparency but do not change the substantive governance implication: a routine disposition by an insider following vesting.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	43635	1297142.99	376442848	08/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	08/15/2025	Restricted Stock Vesting	Issuer			43635	08/15/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for News Corporation (NWSA) report?

The form reports a proposed sale of 43,635 Class A shares via Fidelity on 08/15/2025 with an aggregate market value of $1,297,142.99.

How were the shares acquired according to the filing?

The shares were acquired on 08/15/2025 as restricted stock vesting from the issuer and the payment nature is listed as compensation.

Does the filing show recent sales by the same person?

No; the filing states "Nothing to Report" for securities sold by the person during the past three months.

How large is the proposed sale relative to outstanding shares?

The filing lists 376,442,848 Class A shares outstanding; the proposed sale of 43,635 shares is about 0.0116% of that total.

Which broker is handling the sale?

The sale is to be handled by Fidelity Brokerage Services LLC (900 Salem Street, Smithfield, RI).