DeGrazio Marygrace 4

What Happened Marygrace DeGrazio, Chief Accounting Officer of News Corporation (NWS), was granted stock-settled restricted stock units (derivative awards) on April 8, 2026. The filing shows three awards: 23 RSUs at $24.43 each ($562), 38 RSUs at $24.43 each ($928), and 54 RSUs at $24.43 each ($1,319), for a total of 115 RSUs valued at approximately $2,809. This transaction is an award/acquisition (A), i.e., compensation-related, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-08; SEC filing date: 2026-04-09 (filed the next day).
• Per-share price used: $24.43; grants: 23 ($562), 38 ($928), 54 ($1,319); total 115 RSUs (~$2,809).
• Classification: Derivative awards (stock-settled restricted stock units).
• Shares owned after the transaction: not disclosed in this Form 4.
• Footnotes: F1 — each stock-settled RSU equals the economic equivalent of one share of Class A common stock; F2 — amounts include dividend equivalents that will be paid in shares when the underlying RSUs vest.
• Timeliness: Filing appears timely (reported and filed the day after the transaction).

Context These awards are compensation-related RSUs, which convert into shares upon vesting and may include dividend equivalents — they are routine for executives and do not represent an open-market purchase or sale. Such grants are common executive compensation and should be interpreted as compensation actions rather than a direct signal of the insider’s short-term market view.