FOX Fox Corp Insider Trading

FOX President/COO John Nallen sells 459,115 shares ($26.5M) at $57.71 avg; retains 383,066 shares post-sale, reducing stake by 54.5%.

John Nallen, President and COO of Fox Corp, executed 4 separate sales totaling 459,115 shares for $26,494,984.50 on March 11-12, 2026, at a blended average price of $57.71. The sale reduced his holdings from 842,181 shares to 383,066 shares, a 54.5% reduction in stake. The timing of this large discretionary sale is notable: Nallen sold at prices $57.71–$58.32, which occurred before the stock declined to a current price of $52.03 (now -23.2% from the 52-week high and -6.2% over the past 30 days). Historically at Fox specifically, Nallen's prior 2 sales on 2024-11-05 and 2024-08-15 were followed by positive 90-day returns (+12.5% and +11.5% respectively), indicating he has not previously timed sells at this ticker to precede downturns. The current decline since these March sales occurred after the filing date, and warrants observation as context for any future filings or guidance updates.

Murdoch sells 1,127,756 shares for $65.4M across three days while buying 175,372 shares, reducing stake 43.2%

Lachlan Murdoch, Fox's Executive Chair and CEO, executed 10 separate sales totaling 1,127,756 shares for $65,396,694.99 between March 11–13, 2026, concurrently with a single purchase of 175,372 shares at $60.63 on March 13. The net result is a divestiture of 952,384 shares, reducing his post-transaction holdings to 1,251,779 shares (-43.2% vs. pre-transaction holdings of 2,204,163 shares). The sales occurred at prices ranging from $56.65 to $60.44 per share, while the current price stands at $52.03 (-23.2% from the 52-week high of $67.76 and down 6.2% over 30 days). At the same-ticker level, Murdoch's prior sell on 2023-08-15 was well-timed at the 90-day mark (stock fell 18.5% afterward), whereas his 2024-08-15 sell was poorly timed (stock rose 11.2% over 90 days). The magnitude of this stake reduction—nearly half of his holdings in a three-day window—alongside the current price being substantially below recent transaction prices, merits investor attention to underlying operational or strategic drivers.

FOX Chief Legal Officer Ciongoli sells 29,897 shares ($2.1M) at $69.55; holdings reduced 45.4% to 36.0K shares

Adam G. Ciongoli, Chief Legal and Policy Officer, sold 29,897 shares of Fox Corp at $69.55 on 2025-12-09 for a total value of $2,079,336.35, reducing his holdings from 65,875 shares to 35,978 shares—a 45.4% reduction. The sale occurred at a price $7.35 above the current market price of $62.20, which sits at the 52-week high of $62.20, suggesting the transaction took place when the stock was trading higher than current levels. The company's recent financials show $3,738,000,000.00 in quarterly revenue and $609,000,000.00 net income, with annual revenue growth of +16.6%, indicating operational strength at the time of the sale. Without evidence of a 10b5-1 plan or other scheduled arrangement, the discretionary nature of this sale—reducing concentration substantially—represents a material reduction of personal exposure to the company.

Murdoch sells 100,000 FOX shares at $59.26; holdings drop to 1,100,862 shares after recent selling activity.

Keith Rupert Murdoch sold 100,000 shares of Fox Corp at $59.26 on 2025-11-21, reducing his holdings to 1,100,862 shares. This sale occurs shortly after another sale on 2025-11-07 at the same ticker, signaling active portfolio adjustments in recent weeks. At his prior FOX sales, the timing outcomes were mixed: his cross-ticker track record shows 44.44% well-timed rate with an average 90-day return of +6.0% after sells, while at FOX specifically, 1 of 4 prior measurable sales (25%) were well-timed at the 90-day mark. The stock is currently at $57.97, off 3.8% from the 52-week high but up 9.6% over the past 30 days, providing context for the transaction price of $59.26.

CFO Steven Tomsic sold 138,397 FOX shares at $66.54 for $9.2M; reduces holdings 43.4% to 180,556 shares

Steven Tomsic, Fox Corp's Chief Financial Officer, executed a substantial open-market sale of 138,397 shares at $66.54 on 2025-11-10, reducing his holdings by 43.4% from 319.0K to 180.6K shares. The transaction occurred near the 52-week high of $60.05, with the stock up 16.8% over the prior 30 days and 17.4% over 90 days. Examining timing context: his cross-ticker track record shows a well-timed rate of 33.33% (3 prior sells, avg 90d return +2.7%), indicating slightly more poorly-timed than well-timed historical sells. At Fox specifically, his prior 3 sales show mixed results—only 1 of 3 was well-timed at the 90-day mark, with the most recent sells in June 2025 posting negative 30-day returns (-6.5%, -6.4%). This sale occurs amid strong company fundamentals: $3.7B quarterly revenue, $609.0M net income, and 16.6% annual growth, providing no obvious distress signal. The concentration and scale of this transaction warrant monitoring of whether similar dispositions follow.

MURDOCH KEITH RUPERT divests entire FOX holding, 168,756 shares at $65.97, total $11.1M (Nov 7, 2025)

MURDOCH KEITH RUPERT sold 168,756 shares representing 100.0% of his pre-transaction holdings at $65.97 on 2025-11-07 for a total value of $11,132,833.32. The sale price of $65.97 was 10.9% above the current price of $59.48 and represents the 52-week high mark, indicating the sale occurred near a peak in the stock's recent trading range. Across his prior 5 sells at FOX, only 1 of 5 proved well-timed at the 90-day mark; his 9 prior cross-ticker sales show a 44.44% well-timed rate with an average 90-day return of +6.0%, suggesting his sales have historically not captured significant downside moves. The complete liquidation of a multi-million-dollar position, combined with the elevated entry price relative to current levels, warrants examination of circumstances behind the divestment.

Director Ryan Paul D sold entire 17.8K share stake in FOX at $64.36; complete exit triggers scrutiny.

Ryan Paul D, a Director at Fox Corp, liquidated his entire position of 17,767 shares on 2025-10-31 at $64.36 per share for total proceeds of $1,143,484.12, leaving zero shares post-transaction. This represents a -100.0% reduction in his holdings. The sale occurred at a price $6.45 above the current trading price of $58.41, though still -0.7% below the 52-week high of $58.83. A director's complete exit from an equity stake warrants investor attention as it may signal changed circumstances or perspectives on the company's outlook, particularly given Fox's recent positive momentum: 30-day change of +4.4%, 90-day change of +15.1%, and annual revenue growth of +16.6%.

LGC Holdco acquired 34,278,393 shares in FOX for $0.00 via 2 transactions; holdings rise to 85,372,810 shares (+67.1%)

LGC Holdco, a 10% owner, executed 2 separate purchases totaling 34,278,393 shares for $0.00 on 2025-09-10, expanding its stake from 51,094,417 to 85,372,810 shares—a +67.1% increase. The zero-dollar transaction value suggests this is a non-cash event, likely a stock dividend, spin-off, merger consideration, or similar corporate action rather than a discretionary market purchase. The substantial magnitude of the acquisition relative to prior holdings and the company's fundamentals (Revenue $4,371,000,000.00, Net income $354,000,000.00) indicates material structural change in the ownership composition. At the current price of $52.79, the holdings represent substantial value, warranting investor attention to the nature of this transaction and any reclassification of ownership or control implications.

MFT SH Family Trust (10% owner) divested entire 51.11M share stake in FOX for $2.065B across 3 sales on 2025-09-10

The MFT SH Family Trust, a 10% stakeholder in Fox Corp, executed three separate sales totaling 51,113,409 shares for $2,065,122,533.43 on 2025-09-10, bringing post-transaction holdings to zero. This represents a complete exit from the company at a blended average price of $40.40, compared to the current price of $51.80—notably 8.8% below the 52-week high. The sale volume represents 100% of the trust's pre-transaction position. The divestiture by a major established shareholder is a material structural change in FOX ownership and merits scrutiny regarding the trust's strategic rationale, though no scheduled trading plan FLAG or timing-related context is indicated in the filing.

FOX CFO Steven Tomsic sold 45,249 shares ($2.5M) at $55.30–$55.37 on June 3–4, 2025; now holds 133,923 shares post-sale.

Steven Tomsic, Chief Financial Officer, executed two separate sales totaling 45,249 shares for $2,502,662.19 (blended average price $55.31). The sales reduced his holdings by 25.3%, from 179,172 shares to 133,923 shares. The transaction occurred at prices ($55.30–$55.37) well above the current price of $49.30, representing a 12% premium to today's market level; however, the execution occurred near the 52-week high of $54.23. Tomisc's cross-ticker track record shows a 0.00% well-timed rate across all prior sells (1 prior open-market sell with a 90-day return of +9.1%, meaning the stock rose after the sale—poorly timed). At FOX specifically, his only prior documented sale (June 7, 2024) also delivered a +9.1% 90-day return. The pattern suggests prior sales by this insider have not preceded stock declines, and no scheduled trading plan FLAG is noted in this filing.