Tomsic Steven 4
Research Summary
AI-generated summary
Fox (FOX) CFO Steven Tomsic Receives 347 RSU Award
What Happened
- Steven Tomsic, Chief Financial Officer of Fox Corporation (FOX), received three restricted stock unit (RSU) awards on March 25, 2026: 74 RSUs, 142 RSUs and 131 RSUs. The filing reports acquisition price $0.00 (derivative awards), for a total of 347 RSUs. Each RSU represents the right to one share of Class A common stock upon vesting (see footnote F1).
Key Details
- Transaction date and price: 2026-03-25; acquisition reported at $0.00 (award/grant, code A).
- Total RSUs granted: 347 (74 + 142 + 131).
- Shares owned after transaction: Not specified in this filing (the filing does not list the post-transaction beneficial ownership total).
- Relevant footnotes:
- F1: Each RSU equals one share of Class A common stock.
- F2: Some RSUs include dividend equivalents that accrue and vest with the RSUs.
- F3–F6: The three grants have different vesting schedules (examples: one vested 1/3 on 8/15/2024, 1/3 on 8/15/2025 and remainder 8/15/2026; others vest over 2025–2027 and 2026–2028).
- F4: Aggregates RSUs held by the reporting person, including dividend equivalents that vest on the same terms.
- Timeliness: Report covers transactions on 2026-03-25 and was filed 2026-03-26 — filed within the standard Form 4 reporting window.
Context
- These transactions are awards of RSUs (derivative grants). RSUs convert into actual shares only as they vest per the schedules above; no cash changed hands at grant. Awards are common compensation and do not, by themselves, indicate a buy/sell market signal.