NALLEN JOHN 4

What Happened

• John Nallen, President and COO of Fox Corporation (FOX), was granted three awards of restricted stock units (RSUs) on 2026-03-25 totaling 644 RSUs (123 + 237 + 284). Each award is reported as a derivative award acquired at $0.00 per unit (code A — grant/award).

Key Details

• Transaction date: 2026-03-25; Form 4 filed: 2026-03-26 (timely filing).
• Reported price: $0.00 per RSU (award/grant — not a market purchase).
• Total awarded: 644 RSUs.
• Footnotes: F1 — each RSU equals one share of Class A common stock; F2 — includes dividend equivalents that accrue and vest with the RSUs; F3/F5/F6 — vesting schedules vary by grant:
  • One grant vested 1/3 on 08/15/2024, 1/3 on 08/15/2025 and remainder on 08/15/2026 (F3).
  • One grant vested 1/3 on 08/15/2025, 1/3 on 08/15/2026 and remainder on 08/15/2027 (F5).
  • One grant vests 1/3 on each of 08/15/2026, 08/15/2027 and 08/15/2028 (F6).
• Shares owned after transaction: not specified in the data provided (F4 notes aggregate RSUs held per grant).

Context

• These RSUs are compensation awards (derivative grants) that convert to common shares only upon vesting; the $0.00 per-unit reporting reflects an award, not a cash purchase. Such grants are common as part of executive pay and do not by themselves indicate open-market buying or selling intent.