Pessoa Ana Paula 4
4 · NEWS CORP · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
News Corp (NWS) Director Ana Paula Pessoa Sells 1,747 Shares
What Happened
Ana Paula Pessoa, a News Corporation (NWS) director, had deferred stock units (DSUs) settle and a related disposition to the issuer on July 1, 2026. The filing shows a disposition to the issuer of 1,747 shares at $25.78 each for $45,038. The filing also reports a grant/award of 1,891 deferred stock units (valued at $25.78 each) with an aggregate value of $48,750. Footnotes state the DSUs were cash-settled (each DSU equals one share) and became payable in cash on July 1, 2026.
Key Details
- Transaction date: July 1, 2026. Filing date: July 2, 2026 (timely filed).
- Disposition: 1,747 shares to issuer at $25.78 per share — total $45,038.
- Grant/award: 1,891 deferred stock units valued at $25.78 each — total $48,750 (reported as a derivative award).
- Derivative details: DSUs were deemed settled for the cash value of the equivalent shares; each DSU equals one share and became payable in cash on July 1, 2026 (see footnotes F1–F3).
- Shares owned after the transaction: not specified in the Form 4 filing.
- Filing timeliness: appears timely (transaction 7/1/2026; Form 4 filed 7/2/2026).
Context
- These were not open-market purchases or sales. The activity reflects cash settlement of deferred stock units and a disposition to the issuer rather than an on-exchange sale. Disposition-to-issuer entries often reflect share surrender or internal settlement mechanisms (for example, to cover taxes or effect cash settlement), but the filing does not state a motive.
- For retail investors: cash-settled DSU activity is generally administrative (compensation payout) rather than a direct buy/sell signal about the director’s market view.
Insider Transaction Report
Form 4
NEWS CORPNWS
Pessoa Ana Paula
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-07-01+1,747→ 1,747 total - Disposition to Issuer
Class A Common Stock
2026-07-01$25.78/sh−1,747$45,038→ 0 total - Exercise/Conversion
Deferred Stock Units
[F2][F1][F3][F4]2026-07-01−1,747→ 39,296 total→ Class A Common Stock (1,747 underlying) - Award
Deferred Stock Units
[F2][F5][F4]2026-07-01$25.78/sh+1,891$48,750→ 41,187 total→ Class A Common Stock (1,891 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 July 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.
Signature
/s/ Kenneth C. Mertz as Attorney-in-Fact for Ana Paula Pessoa|2026-07-02