BANCROFT NATALIE 4
4 · NEWS CORP · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
News Corp Director Natalie Bancroft Receives Award, Sells 1,644 Shares
What Happened
Natalie Bancroft, a director of News Corporation (NWS), had 1,644 deferred stock units (DSUs) settled and disposed to the issuer on April 1, 2026 for $24.71 per share, producing cash proceeds of $40,623. On the same day she was also granted 1,972 new deferred stock units with an aggregate grant value of $48,728 (valued at $24.71 per share). The transactions reflect cash settlement of previously accrued DSUs and a new DSU award rather than an open-market purchase or sale.
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (appears timely).
- Disposition: 1,644 shares at $24.71 each -> $40,623 (Disposition to issuer).
- Grant/Award: 1,972 deferred stock units valued at $24.71 each -> $48,728.
- Shares owned after transaction: Not specified in this filing.
- Footnotes: DSUs are one-for-one equivalents to Class A common shares, were cash-settled on April 1, 2026, and new DSUs generally become payable in cash on the earlier of (i) the first trading day of the quarter five years after grant or (ii) the director’s end of service.
Context
These were derivative/compensation-related transactions (cash settlement of DSUs plus a new DSU award), not an open-market sale or purchase. DSUs are deferred compensation and their settlement/award typically reflect compensation timing or plan mechanics rather than a stock purchase decision by the insider.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-04-01+1,644→ 1,644 total - Disposition to Issuer
Class A Common Stock
2026-04-01$24.71/sh−1,644$40,623→ 0 total - Exercise/Conversion
Deferred Stock Units
[F2][F1][F3][F4]2026-04-01−1,644→ 38,920 total→ Class A Common Stock (1,644 underlying) - Award
Deferred Stock Units
[F2][F5][F4]2026-04-01$24.71/sh+1,972$48,728→ 40,892 total→ Class A Common Stock (1,972 underlying)
Footnotes (5)
- [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]The deferred stock units became payable in cash on April 1, 2026, the first trading day of the quarter five years following the grant.
- [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 become payable in cash on the earlier of (i) the first trading day of the quarter five years following the grant and (ii) the Reporting Person's end of service as a Director.