Key facts
- This page summarizes David B. Pitofsky's Form 4 filing for NEWS CORP (NWSA).
- 11 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 17 Aug 2022, 16:20.
David B. Pitofsky - 15 Aug 2022 Form 4 Insider Report for NEWS CORP (NWSA)
- Reporting relationship
- General Counsel
- Issuer ticker
- NWSA
- Reported as of
- 15 Aug 2022
- Net transaction value
- -$3,615,739
- SEC form
- 4
- Accepted by SEC
- 17 Aug 2022, 16:20:37 UTC
- Prior SEC filing
- 08 Aug 2022
- Next SEC filing
- 13 Oct 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kenneth C. Mertz as Attorney-in-Fact for David B. Pitofsky
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
David B. Pitofsky filed Form 4 for NEWS CORP (NWSA) on 17 Aug 2022.
Change
- Previous filing in this sequence was filed on 08 Aug 2022.
- Current net transaction value: -$3,615,739.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NWS
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +183,509
- Change %
- +228%
- Price
- Shares after
- 263,986
- Date
- 15 Aug 2022
- Ownership
- Direct
- Footnotes
- F1, F2
NWS
transaction
Class A Common Stock
Tax liability
- Transaction value
- $1,910,887
- Shares
- -101,481
- Change %
- -38%
- Price
- $18.83
- Shares after
- 162,505
- Date
- 15 Aug 2022
- Ownership
- Direct
- Footnotes
- F3
NWS
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +9,312
- Change %
- +5.7%
- Price
- Shares after
- 171,817
- Date
- 15 Aug 2022
- Ownership
- Direct
- Footnotes
- F4, F5
NWS
transaction
Class A Common Stock
Tax liability
- Transaction value
- $96,974
- Shares
- -5,150
- Change %
- -3%
- Price
- $18.83
- Shares after
- 166,667
- Date
- 15 Aug 2022
- Ownership
- Direct
- Footnotes
- F3
NWS
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +6,862
- Change %
- +4.1%
- Price
- Shares after
- 173,529
- Date
- 15 Aug 2022
- Ownership
- Direct
- Footnotes
- F4, F5
NWS
transaction
Class A Common Stock
Tax liability
- Transaction value
- $71,460
- Shares
- -3,795
- Change %
- -2.2%
- Price
- $18.83
- Shares after
- 169,734
- Date
- 15 Aug 2022
- Ownership
- Direct
- Footnotes
- F3
NWS
transaction
Class A Common Stock
Sale
- Transaction value
- $1,536,417
- Shares
- -82,028
- Change %
- -48%
- Price
- $18.73
- Shares after
- 87,706
- Date
- 15 Aug 2022
- Ownership
- Direct
- Footnotes
- F6
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NWS
transaction
Derivative
Stock-Settled Performance Stock Units
Options Exercise
- Transaction value
- Shares
- -183,509
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 15 Aug 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 183,509
- Exercise price
- Footnotes
- F1, F2, F7
NWS
transaction
Derivative
Stock-Settled Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -9,312
- Change %
- -50%
- Price
- Shares after
- 9,317
- Date
- 15 Aug 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 9,312
- Exercise price
- Footnotes
- F4, F5, F8
NWS
transaction
Derivative
Stock-Settled Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -6,862
- Change %
- -33%
- Price
- Shares after
- 13,728
- Date
- 15 Aug 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 6,862
- Exercise price
- Footnotes
- F4, F5, F8
NWS
transaction
Derivative
Stock-Settled Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +27,084
- Change %
- Price
- $0.000000
- Shares after
- 27,084
- Date
- 15 Aug 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 27,084
- Exercise price
- Footnotes
- F8, F9, F10
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 10 footnotes
Footnote 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.
Footnote 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.
Footnote F3
Represents shares withheld upon vesting of the applicable incentive award to satisfy tax withholding obligations.
Footnote 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.
Footnote 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.
Footnote F6
The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $18.60 to $18.86, 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.
Footnote F7
Each stock-settled performance stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
Footnote F8
Each stock-settled restricted stock unit is the economic equivalent of one share of News Corporation's Class A Common Stock.
Footnote F9
The stock-settled restricted stock units were granted as part of the Reporting Person's fiscal 2023 long-term equity incentive award.
Footnote F10
The stock-settled restricted stock units will vest in thirds on August 15, 2023, 2024 and 2025, subject to time-based vesting conditions.