Jose Maria Aznar - Oct 11, 2023 Form 4 Insider Report for NEWS CORP (NWS)

Role: Director
Signature: /s/ Kenneth C. Mertz as Attorney-in-Fact for Jose Maria Aznar
Stock symbol: NWS
Transactions as of: Oct 11, 2023
Transactions value $: $5,016
Form type: 4
Date filed: 10/12/2023, 04:19 PM
Previous filing: Oct 3, 2023
Next filing: Jan 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NWS	Class A Common Stock	Options Exercise		+16	+1.47%		1.1K	Oct 11, 2023	Direct	F1
transaction	NWS	Class A Common Stock	Disposed to Issuer	-$330	-16	-1.45%	$20.64	1.09K	Oct 11, 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NWS	Deferred Stock Units	Award	$5.35K	+259	+0.48%	$20.64	54.7K	Oct 11, 2023	Class A Common Stock	259		Direct	F2, F3, F4
transaction	NWS	Deferred Stock Units	Options Exercise		-16	-0.03%		54.7K	Oct 11, 2023	Class A Common Stock	16		Direct	F1, F2, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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	Represents dividend equivalents accrued with respect to deferred stock units previously granted, which become payable in cash upon vesting of the underlying deferred stock units.
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, which represent dividend equivalents accrued on deferred stock units held as of the dividend record date that vested on October 2, 2023, became payable in cash on the dividend payment date of October 11, 2023.