Fox Corp (FOX) CFO Steven Tomsic Receives 40,155-Share Award

What Happened
Steven Tomsic, Chief Financial Officer of Fox Corporation (FOX), received an award of 40,155 performance stock units (reported as a derivative acquisition) on 2026-08-07. The Form 4 reports the units at $0.00 (no cash paid) because these are contingent PSUs that will convert into Class A common shares if and when they vest. The filing was submitted on 2026-08-10.

Key Details

• Transaction date: 2026-08-07; Form 4 filed: 2026-08-10 (appears timely).
• Transaction type/code: A — Award/Grant (derivative security).
• Amount: 40,155 performance stock units (PSUs) reported at $0.00; total reported cash value = $0.
• Vesting/settlement: Per footnotes, each PSU represents the right to one Class A share and shall vest in shares on August 15, 2026. The units were originally tied to performance measured over a three-year period ending in 2023.
• Shares owned after transaction: Not disclosed on this filing.

Context
Performance stock units are a form of compensation that convert into shares upon meeting performance and time-vesting conditions; they are not an open-market purchase or sale and do not directly signal immediate buying or selling. Retail investors should view this as executive compensation tied to past performance metrics and future vesting rather than an outright market transaction.