News Corp (NWS) CHRO Allen Ruth Receives 23,620-Share Award

What Happened
Allen Ruth, Chief Human Resources Officer of News Corporation (NWS), was granted 23,620 stock-settled performance stock units (PSUs) on August 4, 2026. The award is a derivative grant (transaction code A); no cash price or immediate cash value is reported. The PSUs are the economic equivalent of 23,620 shares and are scheduled to vest on August 15, 2026 subject to achievement of pre-determined performance measures over a three-year performance period.

Key Details

• Transaction date: August 4, 2026; Form 4 filed August 5, 2026 (timely filing).
• Shares/units granted: 23,620 PSUs (stock-settled; each PSU equals one share). Price: N/A for grant awards.
• Vesting: PSUs were granted after performance was achieved and shall vest on August 15, 2026 (per footnote).
• Shares owned after transaction: Not disclosed in this Form 4.
• Transaction type: Award/Grant (derivative). No 10b5-1, tax-withholding, or late-filing notes were indicated.

Context
PSUs are compensation awards that convert into shares (or their value) only if vesting conditions are met; they are not an immediate open-market purchase or sale. Such grants are common executive compensation and do not by themselves signal buying or selling intent until they vest or are settled.