Pessoa Ana Paula 4

What Happened

• Ana Paula Pessoa, a director of News Corporation (NWS), had 1,644 deferred stock units (DSUs) settled for cash on April 1, 2026, resulting in $40,623 paid to her. On the same date she was credited with (granted) 1,972 new deferred stock units valued at $24.71 each, with an aggregate value of $48,728. These transactions reflect a cash settlement of matured DSUs and a new DSU award (derivative) rather than an open‑market purchase or sale.

Key Details

• Transaction date: April 1, 2026. Report filed April 2, 2026 (timely).
• Cash settlement: 1,644 DSUs -> disposed to issuer for $24.71 each = $40,623.
• New award: 1,972 DSUs granted valued at $24.71 each = $48,728.
• Shares owned after transaction: Not specified in the filing.
• Footnotes summary: DSUs are each equivalent to one share and were deemed settled for cash; the reported and newly granted DSUs become payable in cash on the earlier of the first trading day of the quarter five years after grant or the director’s end of service.

Context

• These are derivative/deferred compensation events: the settled DSUs were paid in cash (effectively a cash-out of deferred compensation) and the new DSUs are payable in cash in the future. This is routine director compensation activity and does not represent an open-market buy or sell by the director.