News Corporation Shs B Chess Depository Interests repr 1 Sh (AU:NWS) has released an update.
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Masroor Siddiqui, a director and 10% owner of News Corporation, has been involved in recent transactions indicating changes in ownership of Class A Common Stock as reported on an SEC Form 4. Siddiqui engaged in transactions involving deferred stock units that settled for cash value equivalent to shares of News Corporation’s Class A Common Stock, with the transactions occurring on the first trading day of the quarter, five years after the initial grant. These financial moves impact Siddiqui’s total beneficial ownership, which is a direct interest in the company’s equity.
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