Ciongoli Adam G. 4

What Happened

• Adam G. Ciongoli, Chief Legal and Policy Officer of Fox Corporation (FOX), received four restricted stock unit (RSU) awards on 2026-03-25 totaling 523 RSUs (128 + 122 + 142 + 131). Each award was reported as an acquisition of a derivative security at $0.00 per unit (i.e., no purchase price paid). These RSUs represent the right to receive Class A common shares upon vesting.

Key Details

• Transaction date: 2026-03-25; Form 4 filed: 2026-03-26 (timely filing).
• Awards: 128, 122, 142 and 131 RSUs; total = 523 RSUs; reported acquisition price = $0.00 (derivative awards).
• RSU mechanics: Each RSU equals one share of Class A common stock (see F1). Dividend equivalents have been accrued on certain awards (F2).
• Vesting: Footnotes indicate differing vesting schedules across the grants—some vested one‑third on prior dates with remaining portions vesting on 2026 (F3, F5, F6) and some vest in thirds in 2026–2028 (F7).
• Aggregate holdings: Footnote indicates the filing reports aggregate RSUs held for specific grants, including dividend equivalents that vest on the same terms (F4).
• Shares owned after transaction: Not specified in the provided details.
• Transaction code: A (award/grant of derivative securities).

Context

• These are RSU awards (derivative grants), not open‑market purchases or sales. RSUs convey a future right to receive shares if and when they vest; they do not indicate an immediate cash investment or sale. Dividend equivalents may be paid or credited but typically vest under the same schedule as the underlying RSUs.