News Corp (NWS) CAO sells 18K shares, gets 14K new RSUs
Rhea-AI Filing Summary
For NEWS CORP (NWS), Chief Accounting Officer Marygrace DeGrazio reported several equity transactions. On August 17, 2026, she sold 18,303 shares of Class A Common Stock at $28.76 per share in an open-market or private transaction. On August 15, 2026, multiple stock-settled restricted stock unit (RSU) awards vested and were converted into an equivalent number of Class A shares, with shares withheld at $29.16 per share to satisfy tax withholding obligations. She also received a new grant of 14,193 stock-settled RSUs as part of her fiscal 2027 long-term equity incentive award, which will vest in thirds on August 15, 2027, 2028 and 2029, subject to time-based vesting conditions.
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
11 txns
Insider
DeGrazio Marygrace
Role
Chief Accounting Officer
Sold
18,303 shs ($526K)
Approx. gross sale proceeds
$526K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 18,303 | $28.76 | $526K |
| Exercise | Stock-Settled Restricted Stock Units F4, F1, F2 | 5,876 | -- | -- |
| Exercise | Stock-Settled Restricted Stock Units F4, F1, F2 | 4,766 | -- | -- |
| Exercise | Stock-Settled Restricted Stock Units F4, F1, F2 | 4,487 | -- | -- |
| Grant/Award | Stock-Settled Restricted Stock Units F4, F5, F6 | 14,193 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2 | 5,876 | -- | -- |
| Tax Withholding | Class A Common Stock F3 | 2,234 | $29.16 | $65K |
| Exercise | Class A Common Stock F1, F2 | 4,766 | -- | -- |
| Tax Withholding | Class A Common Stock F3 | 1,812 | $29.16 | $53K |
| Exercise | Class A Common Stock F1, F2 | 4,487 | -- | -- |
| Tax Withholding | Class A Common Stock F3 | 1,780 | $29.16 | $52K |
Holdings After Transaction:
Stock-Settled Restricted Stock Units — 27,945 shares (Direct);
Class A Common Stock — 26,005 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: 18,303 shares at $28.76 per share
New RSU grant: 14,193 stock-settled restricted stock units
RSU vesting conversions: 15,129 shares
+4 more
7 metrics
Open-market sale
18,303 shares at $28.76 per share
Class A Common Stock sale on August 17, 2026
New RSU grant
14,193 stock-settled restricted stock units
Fiscal 2027 long-term equity incentive award
RSU vesting conversions
15,129 shares
Total underlying Class A shares from RSU settlements on August 15, 2026
Tax withholding shares (1)
2,234 shares at $29.16 per share
Shares withheld on August 15, 2026 to satisfy tax obligations
Tax withholding shares (2)
1,812 shares at $29.16 per share
Additional shares withheld on August 15, 2026 for tax obligations
Tax withholding shares (3)
1,780 shares at $29.16 per share
Additional shares withheld on August 15, 2026 for tax obligations
Net buy/sell shares
18,303 shares net-sell
Net of reported buy/sell activity in this Form 4
Key Terms
stock-settled restricted stock units, dividend equivalents, tax withholding obligations, time-based vesting conditions, +1 more
5 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"
time-based vesting conditions financial
"subject to the same time-based vesting conditions as the underlying"
economic equivalent financial
"Each stock-settled restricted stock unit is the economic equivalent of one share"
FAQ
What insider transaction did NWS Chief Accounting Officer Marygrace DeGrazio report on August 17, 2026?
She reported selling 18,303 shares of NEWS CORP Class A Common Stock at $28.76 per share. This was characterized as a sale in an open market or private transaction, according to the Form 4 data.
How many new RSUs were granted to the NWS Chief Accounting Officer as part of fiscal 2027 awards?
She received a grant of 14,193 stock-settled restricted stock units as part of her fiscal 2027 long-term equity incentive award. Each RSU is the economic equivalent of one share of NEWS CORP Class A Common Stock.
When will the newly granted 14,193 RSUs for NWS vest?
The 14,193 stock-settled RSUs will vest in three equal installments on August 15, 2027, 2028, and 2029, subject to time-based vesting conditions specified in the award terms.
How were taxes handled for Marygrace DeGrazio’s vesting equity awards at NWS?
The Form 4 states that certain Class A shares, totaling several thousand, were withheld upon vesting of the applicable incentive awards to satisfy tax withholding obligations, at a per-share price of $29.16.
Were dividend equivalents included in Marygrace DeGrazio’s NWS RSU awards?
Yes. Some RSU awards include dividend equivalents accrued during the vesting period, which are subject to the same time-based vesting conditions as the underlying stock-settled restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
