Delany Julian 4
Research Summary
AI-generated summary
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.