MFT SH Family Trust liquidates entire 38.34M-share News Corp stake ($1.27B) in 3 trades at $33.99–$31.98
MFT SH Family Trust, a 10% owner of News Corp, sold its entire 38.34M-share position ($1.27B) across 3 separate transactions on 2025-09-10, exiting completely from the company at a blended average price of $33.25. The complete liquidation of a major shareholder's stake represents a significant structural change in ownership that historically attracts investor scrutiny. The shares were sold at prices ($33.99 and $31.98) that trade below or near the 52-week high of $35.17, and the current price of $31.56 sits at -10.3% from peak, reflecting recent stock weakness. News Corp's annual revenue growth of -16.2% and the exit timing merit observation, though without additional flags or context, the reasons for this liquidation remain undisclosed.
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.