News Corp (NWS) CFO Lavanya Chandrashekar Sells 17,785 Shares

What Happened

• Lavanya Chandrashekar, News Corp's Chief Financial Officer, completed several equity-related transactions in mid‑August 2026. She had stock-settled restricted stock units (RSUs) convert/settle (total 18,338 shares), had 6,612 shares withheld to cover taxes (withholding proceeds ~$192,806), sold 17,785 shares in an open-market transaction on Aug 17 for $28.66 per share ($509,807), and was granted 27,777 new RSUs (fiscal 2027 award).
• Money amounts: tax-withholding dispositions were reported as 3,443 shares for $100,398 and 3,169 shares for $92,408 (both at $29.16), and the open-market sale generated $509,807. The new RSU grant is recorded at $0 (derivative award).

Key Details

• Transaction dates: RSU settlement/conversions and withholding on Aug 15, 2026; open-market sale on Aug 17, 2026; Form 4 filed Aug 18, 2026 (appears timely).
• Prices and proceeds: sale at $28.66 for $509,807; tax-withheld shares accounted at $29.16 totaling ~$192,806.
• Shares involved: 18,338 shares converted/settled (9,548 + 8,790); 6,612 withheld for taxes (3,443 + 3,169); 17,785 sold; 27,777 RSUs newly granted.
• Shares owned after the transactions: the filing does not provide a single consolidated total of beneficial ownership after these events.
• Notable footnotes: the settled units were stock-settled RSUs (each RSU = one share); withholding represents shares retained to satisfy tax obligations; the 27,777 RSU grant is a fiscal 2027 long-term incentive that vests in thirds on Aug 15, 2027, 2028 and 2029 and includes dividend equivalents during vesting.

Context

• These transactions combine routine vesting/settlement of RSUs (derivative-to-share conversion and tax-withholding) with an open-market sale. The withholding entries indicate shares were retained to pay taxes rather than cash paid; the sale appears to be a separate disposition of shares.
• The new RSU grant is an unvested long-term award and does not represent an immediate purchase of common stock; unvested awards are common compensation and do not necessarily signal insider sentiment.