Lachlan K. Murdoch - Oct 8, 2025 Form 4 Insider Report for NEWS CORP (NWS)

Role: Director
Signature: /s/ Kenneth C. Mertz as Attorney-in-Fact for Lachlan K. Murdoch
Stock symbol: NWS
Transactions as of: Oct 8, 2025
Transactions value $: $3,642
Form type: 4
Date filed: 10/10/2025, 04:05 PM
Previous filing: Oct 3, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
MURDOCH LACHLAN K	Director	C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK	/s/ Kenneth C. Mertz as Attorney-in-Fact for Lachlan K. Murdoch	2025-10-10	0001242818

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NWS	Class A Common Stock	Options Exercise		+11	+9.65%		125	Oct 8, 2025	Direct	F1
transaction	NWS	Class A Common Stock	Disposed to Issuer	-$301	-11	-8.8%	$27.38	114	Oct 8, 2025	Direct
holding	NWS	Class A Common Stock						14.3K	Oct 8, 2025	By LGC Holdco, LLC	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NWS	Deferred Stock Units	Award	$3.94K	+144	+0.35%	$27.38	41.1K	Oct 8, 2025	Class A Common Stock	144		Direct	F3, F4, F5
transaction	NWS	Deferred Stock Units	Options Exercise		-11	-0.03%		41.1K	Oct 8, 2025	Class A Common Stock	11		Direct	F1, F3, F5, F6

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

Explanation of Responses:

Id	Content
F1	The deferred stock units were deemed to have settled for the cash value of an equivalent number of shares of News Corporation's Class A Common Stock.
F2	Pursuant to the governance structure of LGC Holdco, LLC ("LGC Holdco"), the decisions with respect to the voting and disposition of the shares of News Corporation's Class A Common Stock held by LGC Holdco are, subject to certain limited exceptions, decided solely by a single managing director of LGC Holdco's sole manager, who is appointed, and may be replaced, by Lachlan K. Murdoch. As a result, Mr. Murdoch may be deemed to beneficially own the shares of News Corporation's Class A Common Stock owned by LGC Holdco; however, Mr. Murdoch disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3	Each deferred stock unit represents the equivalent of one share of News Corporation's Class A Common Stock.
F4	Represents dividend equivalents accrued with respect to deferred stock units previously granted, which become payable in cash upon vesting of the underlying deferred stock units.
F5	Represents the aggregate number of deferred stock units held by the Reporting Person, including deferred stock units accrued as a result of dividend equivalents that vest on the same terms as the respective underlying deferred stock units. The reported deferred stock units become payable in cash on the earlier of (i) the first trading day of the quarter five years following the respective grant and (ii) the Reporting Person's end of service as a Director.
F6	The deferred stock units, which represent dividend equivalents accrued on deferred stock units held as of the dividend record date that vested on October 1, 2025, became payable in cash on the dividend payment date of October 8, 2025.