Fox (FOX) President/COO John Nallen Receives RSU Awards

What Happened
John Nallen, President and Chief Operating Officer of Fox Corporation (FOX), received three grants of restricted stock units (RSUs) on September 23, 2026: 113 RSUs, 180 RSUs and 253 RSUs, for a total of 546 RSUs. Each unit represents one share of Fox’s Class A common stock and was granted at $0.00 (no cash paid); these are derivative awards that convert to shares upon vesting. The filing reports the awards but does not state a cash value received at grant.

Key Details

• Transaction date: September 23, 2026; Form 4 filed September 24, 2026.
• Grants: 113 RSUs, 180 RSUs, 253 RSUs (total 546 RSUs); grant price reported as $0.00 (derivative awards).
• Shares owned after transaction: not specified in the provided summary of the Form 4. See the filed Form 4 for post-transaction holdings.
• Relevant footnotes from the filing:
  • F1: Each RSU equals one share of Fox Class A common stock.
  • F2: Some RSUs include accrued dividend equivalents.
  • F3–F6: Vesting schedules vary by grant (examples include one‑third vesting on August 15 of consecutive years from 2025–2029 for different grants).
• Filing timeliness: Form was filed one day after the grant date; Form 4 is typically required within two business days, so this appears to be a timely report.

Context
RSU grants are compensation awards and are different from open‑market purchases or sales; they represent a future right to receive shares if and when vesting conditions are met. Dividend equivalents noted in the filing accrue with certain RSUs and vest on the same schedule as the underlying units. For investors, such grants are common executive compensation and do not by themselves indicate a buy or sell signal in the market. For exact vesting dates and total holdings, consult the full Form 4 filing (Accession 0001628280-26-063462).