News Corp Chief Accounting Officer Receives Dividend Equivalent RSUs

Executive Summary

On October 9, 2026, Marygrace DeGrazio, Chief Accounting Officer of News Corp ($NWS), filed a Form 4 detailing an accrual of dividend equivalent units across three previously granted tranches of Stock-Settled Restricted Stock Units (RSUs) on October 7, 2026. The transaction totaled 96 derivative units valued at approximately $2,740.80 based on the $28.55 closing/reference price.

Transaction Details

• Security: Stock-Settled Restricted Stock Units (underlying Class A Common Stock)
• Nature of Transaction: Code 'A' representing routine dividend equivalents accrued on unvested RSUs.
• Breakdown:
  • Grant 1: 16 units accrued (post-transaction balance: 4,788 units)
  • Grant 2: 31 units accrued (post-transaction balance: 9,011 units)
  • Grant 3: 49 units accrued (post-transaction balance: 14,242 units)
• Total Acquired: 96 units
• Price per Unit: $28.55
• Total Value: $2,740.80

Market & Governance Impact

This filing reflects standard compensation mechanics where dividend equivalents automatically accrue with respect to previously awarded RSUs and vest concurrently with the underlying grants. Because this is an automatic administrative grant rather than open-market buying or discretionary stock disposal, the trading significance is categorized as Low.