Johnson Margaret L 4

What Happened

• Margaret L. Johnson, a member of Fox Corporation's Board of Directors, was granted 70 deferred stock units (DSUs) on 2026-03-25. The grant is reported as an award/acquisition at a per-unit value of $58.49, for an aggregate reported value of $4,094. The units are recorded as derivative securities (deferred stock units), not immediate common shares.

Key Details

• Transaction date and type: 2026-03-25 — Grant/Award of 70 deferred stock units (Form 4 code A).
• Price/value: $58.49 per unit; total reported value $4,094.
• Security type: Deferred stock units (derivative), each representing the economic equivalent of one share of Fox Class A common stock (F1).
• Payout/vesting notes: Dividend equivalents accrue on the DSUs (F2). The dividend-equivalent DSUs become payable in stock when the underlying DSUs are paid; the DSUs reported become payable on the earlier of (i) the first trading day of the quarter five years after the grant or (ii) the Reporting Person’s end of service as a director (F3).
• Aggregate holdings: The filing notes aggregate deferred stock units held include dividend equivalents that vest on the same terms (F4). The total post-grant aggregate number is not specified in the information provided here.
• Filing timeliness: Report filed 2026-03-26 for a 2026-03-25 grant — appears timely under standard Form 4 reporting rules.

Context

• These DSUs are a form of compensation/deferral for a director and do not represent an open-market purchase or sale of shares. Deferred stock units typically do not convey immediate voting rights or liquidity until they are paid out in stock per the plan terms. Awards to directors are common and part of routine compensation practices.