HERNANDEZ ROLAND A 4

What Happened

• Roland A. Hernandez, a director of Fox Corporation (FOX), received a grant of 126 deferred stock units (derivative securities) on March 25, 2026. The units are reported at $58.49 each, for an aggregate value of approximately $7,370. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-25; filing date: 2026-03-26 (filed the next day).
• Security type: Deferred Stock Units (derivative), 126 units @ $58.49 = ~$7,370.
• Transaction code: A (award/grant).
• Shares owned after transaction: The filing does not state a total holdings number; footnote F4 indicates the filing reports aggregate deferred stock units held but does not list that total in the transaction line.
• Footnotes of note:
  • F1: Each deferred stock unit equals one share of Class A common stock.
  • F2/F3: Dividend equivalents accrue as additional deferred stock units and become payable in stock when the underlying DSUs pay out.
  • F3: These deferred stock units become payable in stock on the earlier of (i) the first trading day of the quarter five years after the grant or (ii) the director’s end of service.
  • F4: Indicates the filing aggregates DSUs held (including dividend equivalents) but does not specify the aggregate number here.
• Timeliness: Filed the next day; not marked late.

Context

• This is a routine equity-based compensation award to a director (a common, non-trading event) and should not be read as a market-timing signal. Because the award is in deferred stock units, the director does not receive immediate tradable shares; payout is deferred as described in the footnotes.