John Nallen - 02 Mar 2023 Form 4 Insider Report for Fox Corp (FOX)

Role: Chief Operating Officer
Signature: /s/ Laura A. Cleveland as Attorney-in-Fact for John Nallen
Issuer symbol: FOX
Transactions as of: 02 Mar 2023
Transactions value $: $1,690,936
Form type: 4
Filing time: 03 Mar 2023, 18:41:44 UTC
Previous filing: 29 Sep 2022
Next filing: 30 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FOX	Class A Common Stock	Other	$1.69M	+48.4K	+16.7%	$34.91	338K	02 Mar 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 2, 2023, the reporting person withdrew all issuer shares from a Grantor Retained Annuity Trust. In exchange for the shares, the reporting person contributed cash to the trust in the amount of $1,688,035.51 based on the average high/low price of the shares which was $34.915 per share. The shares are now held directly by the reporting person. The reporting person believes his withdrawal of shares from the trust constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

Content

On March 2, 2023, the reporting person withdrew all issuer shares from a Grantor Retained Annuity Trust. In exchange for the shares, the reporting person contributed cash to the trust in the amount of $1,688,035.51 based on the average high/low price of the shares which was $34.915 per share. The shares are now held directly by the reporting person. The reporting person believes his withdrawal of shares from the trust constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.