News Corp (NWS) HR chief sells 21K shares after awards vest
Rhea-AI Filing Summary
NEWS CORP (NWS) reported insider equity activity by Chief Human Resources Officer Ruth Allen. On August 15, 2026, Allen settled an aggregate of 36,641 stock-settled performance and restricted stock units into an equivalent number of Class A Common shares, with 15,120 shares withheld to satisfy tax obligations. She also received a grant of 11,831 stock-settled restricted stock units as part of her fiscal 2027 long-term equity incentive award, vesting in thirds on August 15, 2027, 2028 and 2029. On August 17, 2026, Allen sold 21,521 Class A Common shares at a weighted average price of $28.9917 per share, in transactions ranging from $28.71 to $29.06, and the Rule 10b5-1 trading plan box was not checked.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
14 txns
Insider
Allen Ruth
Role
Chief Human Resources Officer
Sold
21,521 shs ($624K)
Approx. gross sale proceeds
$624K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F6 | 21,521 | $28.9917 | $624K |
| Exercise | Stock-Settled Performance Stock Units F7, F1, F2 | 23,620 | -- | -- |
| Exercise | Stock-Settled Restricted Stock Units F8, F4, F5 | 5,927 | -- | -- |
| Exercise | Stock-Settled Restricted Stock Units F8, F4, F5 | 3,715 | -- | -- |
| Exercise | Stock-Settled Restricted Stock Units F8, F4, F5 | 3,379 | -- | -- |
| Grant/Award | Stock-Settled Restricted Stock Units F8, F9, F10 | 11,831 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 23,620 | -- | -- |
| Tax Withholding | Class A Common Stock F3 | 9,519 | $29.16 | $278K |
| Exercise | Class A Common Stock F4, F5 | 5,927 | -- | -- |
| Tax Withholding | Class A Common Stock F3 | 2,389 | $29.16 | $70K |
| Exercise | Class A Common Stock F4, F5 | 3,715 | -- | -- |
| Tax Withholding | Class A Common Stock F3 | 1,498 | $29.16 | $44K |
| Exercise | Class A Common Stock F4, F5 | 3,379 | -- | -- |
| Tax Withholding | Class A Common Stock F3 | 1,714 | $29.16 | $50K |
Holdings After Transaction:
Stock-Settled Performance Stock Units — 0 shares (Direct);
Stock-Settled Restricted Stock Units — 22,317 shares (Direct);
Class A Common Stock — 0 shares (Direct)
Footnotes (10)
- F1. Includes dividend equivalents accrued during the performance period that are subject to the same performance-based and time-based vesting conditions as the underlying stock-settled performance stock units.
- F2. The stock-settled performance 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. 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.
- F5. 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.
- F6. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $28.71 to $29.06, inclusive. The reporting person undertakes to provide to News Corporation, any security holder of News Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7. Each stock-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
- F8. Each stock-settled restricted stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
- F9. The stock-settled restricted stock units were granted as part of the Reporting Person's fiscal 2027 long-term equity incentive award.
- F10. 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 shares: 21,521 shares
Weighted average sale price: $28.9917 per share
Performance stock units settled: 23,620 units
+5 more
8 metrics
Open-market sale shares
21,521 shares
Class A Common Stock sold on August 17, 2026 (transaction code S)
Weighted average sale price
$28.9917 per share
Weighted average price for 21,521-share sale, with prices from $28.71 to $29.06
Performance stock units settled
23,620 units
Stock-settled performance stock units deemed to settle into Class A Common on August 15, 2026
Restricted stock units settled
12,? units
Multiple stock-settled restricted stock unit tranches deemed to settle into Class A Common on August 15, 2026
Total units settled into shares
36,641 units
Aggregate stock-settled performance and restricted stock units converted into Class A Common
Shares withheld for taxes
15,120 shares
Code F dispositions to satisfy tax withholding obligations at $29.16 per share
New RSU grant
11,831 units
Stock-settled restricted stock units granted as fiscal 2027 long-term equity incentive award
RSU vesting schedule
2027–2029
New 11,831 RSUs vest in thirds on August 15, 2027, 2028 and 2029
Key Terms
stock-settled performance stock units, stock-settled restricted stock units, dividend equivalents, weighted average price, +1 more
5 terms
stock-settled performance stock units financial
"The stock-settled performance stock units were deemed to have settled"
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 performance 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.
weighted average price financial
"The price reported is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
time-based vesting conditions financial
"subject to the same time-based vesting conditions as the underlying"
FAQ
What insider transactions did NEWS CORP (NWS) report for Ruth Allen in August 2026?
Ruth Allen settled 36,641 stock units into Class A Common shares, had 15,120 shares withheld for taxes, received 11,831 new RSUs, and sold 21,521 shares in open-market transactions at a weighted average price of $28.9917 per share.
What equity awards in NEWS CORP (NWS) vested or settled for Ruth Allen?
Allen’s Form 4 shows settlement of 23,620 stock-settled performance stock units and multiple tranches of stock-settled restricted stock units totaling 36,641 units, each deemed to convert into an equivalent number of NEWS CORP Class A Common shares upon settlement.
What new restricted stock units did Ruth Allen receive from NEWS CORP (NWS)?
Ruth Allen received a grant of 11,831 stock-settled restricted stock units as part of her fiscal 2027 long-term equity incentive award. These RSUs will vest in three equal installments on August 15, 2027, 2028 and 2029, subject to time-based vesting conditions.
Were Ruth Allen’s NEWS CORP (NWS) trades made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as affirmative, and no footnote states that the reported 21,521-share sale or other transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan.
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