Ruth Allen - Aug 15, 2024 Form 4 Insider Report for NEWS CORP (NWS)

Signature
/s/ Kenneth C. Mertz as Attorney-in-Fact for Ruth Allen
Stock symbol
NWS
Transactions as of
Aug 15, 2024
Transactions value $
-$423,639
Form type
4
Date filed
8/16/2024, 04:11 PM
Previous filing
Apr 12, 2024
Next filing
Oct 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWS Class A Common Stock Options Exercise +3.5K 3.5K Aug 15, 2024 Direct F1, F2
transaction NWS Class A Common Stock Tax liability -$46.1K -1.69K -48.23% $27.32 1.81K Aug 15, 2024 Direct F3
transaction NWS Class A Common Stock Disposed to Issuer -$49.5K -1.81K -100% $27.32 0 Aug 15, 2024 Direct
transaction NWS Class A Common Stock Options Exercise +6.14K 6.14K Aug 15, 2024 Direct F4, F5
transaction NWS Class A Common Stock Tax liability -$67.6K -2.47K -40.25% $27.32 3.67K Aug 15, 2024 Direct F3
transaction NWS Class A Common Stock Options Exercise +5.83K +158.81% 9.5K Aug 15, 2024 Direct F4, F5
transaction NWS Class A Common Stock Tax liability -$64.2K -2.35K -24.73% $27.32 7.15K Aug 15, 2024 Direct F3
transaction NWS Class A Common Stock Sale -$196K -7.15K -100% $27.44 0 Aug 15, 2024 Direct F6

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 Cash-Settled Restricted Stock Units Options Exercise -3.5K -100% 0 Aug 15, 2024 Class A Common Stock 3.5K Direct F1, F2, F7
transaction NWS Stock-Settled Restricted Stock Units Options Exercise -6.14K -49.99% 6.15K Aug 15, 2024 Class A Common Stock 6.14K Direct F4, F5, F8
transaction NWS Stock-Settled Restricted Stock Units Options Exercise -5.83K -33.32% 11.7K Aug 15, 2024 Class A Common Stock 5.83K Direct F4, F5, F8
transaction NWS Stock-Settled Restricted Stock Units Award $0 +11K $0.00 11K Aug 15, 2024 Class A Common Stock 11K Direct F8, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes dividend equivalents accrued during the vesting period that are subject to the same time-based vesting conditions as the underlying cash-settled restricted stock units.
F2 The cash-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 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 $27.435 to $27.450, 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 cash-settled restricted 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 2025 long-term equity incentive award.
F10 The stock-settled restricted stock units will vest in thirds on August 15, 2025, 2026 and 2027, subject to time-based vesting conditions.