Fox Corp President John Nallen Receives Award of 66,930 Performance Units

What Happened John Nallen, President and COO of Fox Corporation (FOX), was granted 66,930 performance stock units (PSUs) on 2026-08-07. The filing records the acquisition as a derivative award at $0.00 (no cash paid at grant); the PSUs represent contingent rights to receive Class A common shares if vesting conditions are met. The PSUs were part of an award tied to performance measures and are scheduled to vest into shares on August 15, 2026.

Key Details

• Transaction date: 2026-08-07; Form 4 filed: 2026-08-10 (filed within SEC two-business-day requirement).
• Reported price: $0.00 (award/grant, not a purchase or sale).
• Amount: 66,930 performance stock units (derivative); each unit converts to one share upon vesting (per footnote).
• Beneficial ownership after transaction: Not specified in the provided filing.
• Footnotes: F1 — each PSU equals the contingent right to one Class A share upon vesting; F2 — these PSUs were originally awarded in August 2023 after performance measures were achieved and will vest as shares on August 15, 2026.

Context This was an award/vesting-related grant of derivative securities, not an open-market purchase or sale. PSUs do not represent immediate share ownership until they vest and convert to common stock, so this transaction records future potential share issuance rather than an immediate cash transaction or insider buying/selling.