Fox (FOX) CFO Steven Tomsic Receives RSUs and Performance Options

What Happened

• Steven Tomsic, Chief Financial Officer of Fox Corporation (FOX), received equity awards on August 11, 2026: 34,470 restricted stock units (RSUs) and 42,176 performance stock options. Both grants are reported as derivative awards with an acquisition price of $0.00 (i.e., awards granted, not purchased).

Key Details

• Transaction date: 2026-08-11; Filing date: 2026-08-12 (timely filing).
• Grant details: 34,470 RSUs (derivative); 42,176 performance stock options (derivative). Total awards = 76,646 awards.
• Price/Value: Both grants reported with $0.00 acquisition price (standard for compensation awards).
• Shares owned after transaction: Not specified in the available filing details.
• Footnotes of note:
  • F1: Each RSU represents the contingent right to receive one share of Fox Class A Common Stock upon vesting.
  • F2: The RSUs vest one‑third on each of Aug 15, 2027, Aug 15, 2028 and Aug 15, 2029.
  • F3: The performance options may vest and become exercisable on Aug 11, 2029 only if Fox’s Class A share price rises at least 15% over the exercise price for at least 30 consecutive calendar days during the grant period (through Aug 11, 2029).
• Filing timeliness: Reported the day after the transaction date (appears timely).

Context

• RSUs are awards that convert into shares only if and when they vest under the stated schedule; they are not an immediate cash purchase or sale. Performance options grant the right to buy stock in the future only if specified performance conditions are met; they do not represent immediate ownership. These awards are typical executive compensation and should be viewed as grants rather than market purchases or sales.