Tomsic Steven

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.

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.