Delany Julian 4
4 · NEWS CORP · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
News Corp (NWS) CTO Delany Julian Receives Restricted Stock Award
What Happened
Delany Julian, Chief Technology Officer of News Corporation (NWS), received three awards of restricted stock units (RSUs) on April 8, 2026. The grants were for 14, 24 and 35 units respectively, each with a per-unit reference price of $24.43 (reported values: $342, $586, $855), totaling 73 units worth roughly $1,783. The transactions are reported as award/grant transactions (code A) and listed as derivative securities.
Key Details
- Transaction date: April 8, 2026; Form 4 filed April 9, 2026 (timely filing).
- Grants: 14 RSUs @ $24.43 ($342); 24 RSUs @ $24.43 ($586); 35 RSUs @ $24.43 ($855). Total ≈ $1,783.
- Transaction type/code: A = Award/Grant (derivative RSUs).
- Shares owned after transaction: Not reported in the provided excerpt.
- Footnotes in the filing indicate a mix of cash‑settled and stock‑settled RSUs and accrued dividend equivalents:
- F1/F3: RSUs are economic equivalents of one share (cash- or stock-settled).
- F2/F4: Dividend equivalents accrued on RSUs payable in cash or shares upon vesting.
- No indication in the provided data of a 10b5-1 plan, cashless exercise, or tax-withholding sale tied to these grants.
Context
These awards are compensation grants (not open-market purchases or sales). RSU grants are common for executives and reflect compensation decisions by the company rather than a direct personal buy/sell signal. Because some RSUs may be cash-settled, the award may pay out in cash or shares on vesting per the footnotes. The dollar value involved here is small (~$1.8k), so this is a routine compensation grant rather than a material insider purchase.
Insider Transaction Report
- Award
Cash-Settled Restricted Stock Units
[F1][F2]2026-04-08$24.43/sh+14$342→ 3,676 total→ Class A Common Stock (14 underlying) - Award
Cash-Settled Restricted Stock Units
[F1][F2]2026-04-08$24.43/sh+24$586→ 6,047 total→ Class A Common Stock (24 underlying) - Award
Stock-Settled Restricted Stock Units
[F3][F4]2026-04-08$24.43/sh+35$855→ 8,622 total→ Class A Common Stock (35 underlying)
Footnotes (4)
- [F1]Each cash-settled restricted stock unit is the economic equivalent of one share of News Corporation Class A Common Stock.
- [F2]Represents dividend equivalents accrued with respect to cash-settled restricted stock units previously granted, which become payable in cash upon vesting of the underlying cash-settled restricted stock units.
- [F3]Each stock-settled restricted stock unit is the economic equivalent of one share of News Corporation Class A Common Stock.
- [F4]Represents dividend equivalents accrued with respect to stock-settled restricted stock units previously granted, which become payable in shares upon vesting of the underlying stock-settled restricted stock units.