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NWSANews Corp · Insider ownership research

News Corp insiders sold $3.2M in the past 12 months. How much of their stake is that?

About 0.2% of the shares they held or received (after tax withholding) during the period. The usual measure, against starting holdings alone, can't be used here because most of the shares sold arrived during the period.

Updated Oct 8, 2026 from SEC filings · covers Oct 9, 2025 to Oct 8, 2026
How this comparesMore of their stake sold than at 43 of the 311 other companies we can measure (#269 of 312)See ranking
0
buyers among officers and directors, past 12 months
0%
of sales were under disclosed trading plans, past 12 months
5 of 13
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 9, 2026 to Oct 8, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Aug 17, 20265 executives sold 111K shares ($3.2M) with no plan disclosed. That is between 38% and 100% of each person's total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
David Pitofsky
General Counsel
51,423$28.7638%83KAug 17, 2026Aug 18, 2026
Ruth Allen
Chief Human Resources Officer
21,521$28.99100%0Aug 17, 2026Aug 18, 2026
Marygrace DeGrazio
Chief Accounting Officer
18,303$28.7641%26KAug 17, 2026Aug 18, 2026
Lavanya Chandrashekar
Chief Financial Officer
17,785$28.66100%0Aug 17, 2026Aug 18, 2026
Julian Delany
Chief Technology Officer
1,747$28.72100%0Aug 17, 2026Aug 18, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? Less than usual: about a third of the 5-year average. 5 insiders sold; the average is 3 a year. Year by year
Latest filing: Filed Oct 2 for a vesting on Oct 1. Lachlan Murdoch had 1.9K shares vest or be exercised. Filing
56 SEC ownership filings in the period · See the evidence

What stands out

David Pitofsky sold $1.5M of stock with no disclosed trading plan. The filings don't state a reason.Largest such sale, Aug 17, 2026
Tax withholding outweighed market sales: the company withheld $11.5M of officers' and directors' shares for taxes, against $3.2M sold on the open market. The largest was Robert Thomson ($8.6M withheld).Largest withholding, Aug 15, 2026

Percentages cover 7 of 13 officers and directors. 6 are left out

i
Left out: Keith Murdoch (most holdings were last confirmed in 2022); Robert Thomson (most holdings were last confirmed in 2020); Ana Pessoa, Masroor Siddiqui and David Kline (held no vested shares at the start); Natalie Bancroft (most holdings were last confirmed in 2014).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period
David Pitofsky
General Counsel
Sold 38% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.
$1.5MNo plan disclosed
Ruth Allen
Chief Human Resources Officer
Sold 100% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.
$624KNo plan disclosed
Marygrace DeGrazio
Chief Accounting Officer
Sold 41% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.
$526KNo plan disclosed
Lavanya Chandrashekar
Chief Financial Officer
Sold 100% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.
$510KNo plan disclosed
Julian Delany
Chief Technology Officer
Sold 36% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.
$50KNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed
OctNovDecJanFebMarAprMayJunJulAug 2026: $3.2M no plan disclosed$3.2MAugSepOct

Outside holders, reported separately

LGC Holdco, LLC, MURDOCH FAMILY TRUST and MFT SH Family Trust reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the News Corp CEO selling stock?

No. Robert Thomson reported no open-market sales in the past 12 months.

Why are News Corp insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any News Corp insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did News Corp insiders sell?

About 0.2% of the shares they held or received (after tax withholding) during the period. The usual measure, against starting holdings alone, can't be used here because most of the shares sold arrived during the period. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold5 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
David Pitofsky
General Counsel
$1.5M
51K shares
38%†
i
† Most of the shares David Pitofsky sold arrived during the period, so this is shares sold as a share of the 83K held at the start plus the 102K received, less 51K withheld by the company for taxes.
No plan disclosed
Ruth Allen
Chief Human Resources Officer
$624K
22K shares
100%†
i
† Most of the shares Ruth Allen sold arrived during the period, so this is shares sold as a share of the 0 held at the start plus the 37K received, less 15K withheld by the company for taxes.
No plan disclosed
Marygrace DeGrazio
Chief Accounting Officer
$526K
18K shares
41%†
i
† Most of the shares Marygrace DeGrazio sold arrived during the period, so this is shares sold as a share of the 22K held at the start plus the 37K received, less 14K withheld by the company for taxes.
No plan disclosed
Lavanya Chandrashekar
Chief Financial Officer
$510K
18K shares
100%†
i
† Most of the shares Lavanya Chandrashekar sold arrived during the period, so this is shares sold as a share of the 6.1K held at the start plus the 18K received, less 6.6K withheld by the company for taxes.
No plan disclosed
Julian Delany
Chief Technology Officer
$50K
1.7K shares
36%†
i
† Most of the shares Julian Delany sold arrived during the period, so this is shares sold as a share of the 0 held at the start plus the 9.6K received, less 4.7K withheld by the company for taxes.
No plan disclosed

Outside holder, reported separately: LGC Holdco, LLC (a 10% owner, not part of management). No open-market sales reported in the period. Holds 62.60M shares. Latest filing

Outside holder, reported separately: MURDOCH FAMILY TRUST (a 10% owner, not part of management). No open-market sales reported in the period. Latest filing

Outside holder, reported separately: MFT SH Family Trust (a 10% owner, not part of management). No open-market sales reported in the period. Latest filing

The full ownership picture13 of 13 insiders fully reconciled · 8 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Lachlan Murdoch
Director
62.60M062.60Mno sales
Vesting, gifts, unvested awards and holding lines for Lachlan Murdoch
+7.7Kshares vested or exercised
0gifted (net of own trusts)
41K → 41Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock114114
LGC Holdco, LLCClass A Common Stock14,25014,250
DirectClass B Common Stock1,4641,464
LGC Holdco, LLCClass B Common Stock62,584,57762,584,577
Keith Murdoch
!
Most of this insider's holdings were last confirmed in 2022. Confirmed in the last three years: 707,446 shares. Not confirmed since: 2,186,387 shares, left out of this row. "Still held" is not shown because it would cover only the smaller, confirmed part.
Executive Chair, Director
1.01M0707Ksee note
Vesting, gifts, unvested awards and holding lines for Keith Murdoch
+14Kshares vested or exercised
−302Kgifted (net of own trusts)
−5.9Kwithheld by the company for taxes
14K → 0unvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock00
K. Rupert Murdoch 2004 Revocable TrustClass B Common Stock1,009,446707,446

Additional holdings last reported Aug 15, 2022, not confirmed since: 2,186,387 shares. Not included in any total or percentage on this page.

David Pitofsky
General Counsel
83K−51K83Knot meaningful
Vesting, gifts, unvested awards and holding lines for David Pitofsky
+102Kshares vested or exercised
0gifted (net of own trusts)
−51Kwithheld by the company for taxes
105K → 107Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock83,29183,291
Marygrace DeGrazio
Chief Accounting Officer
22K−18K26Knot meaningful
Vesting, gifts, unvested awards and holding lines for Marygrace DeGrazio
+37Kshares vested or exercised
0gifted (net of own trusts)
−14Kwithheld by the company for taxes
51K → 28Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock21,72226,005
Lavanya Chandrashekar
Chief Financial Officer
6.1K−18K0not meaningful
Vesting, gifts, unvested awards and holding lines for Lavanya Chandrashekar
+18Kshares vested or exercised
0gifted (net of own trusts)
−6.6Kwithheld by the company for taxes
45K → 55Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock6,0590
Jose Aznar
Director
1.1K01.1Kno sales
Vesting, gifts, unvested awards and holding lines for Jose Aznar
+7.7Kshares vested or exercised
0gifted (net of own trusts)
41K → 41Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock1,0871,087
Ruth Allen
Chief Human Resources Officer
0−22K0not meaningful
Vesting, gifts, unvested awards and holding lines for Ruth Allen
+37Kshares vested or exercised
0gifted (net of own trusts)
−15Kwithheld by the company for taxes
23K → 22Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock00
Julian Delany
Chief Technology Officer
0−1.7K0not meaningful
Vesting, gifts, unvested awards and holding lines for Julian Delany
+9.6Kshares vested or exercised
0gifted (net of own trusts)
−4.7Kwithheld by the company for taxes
18K → 19Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock00

13 of 13 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (13 exactly, 0 with a minor or footnoted difference). Percentages cover 7 of 13 officers and directors. Left out: Keith Murdoch (most holdings were last confirmed in 2022); Robert Thomson (most holdings were last confirmed in 2020); Ana Pessoa, Masroor Siddiqui and David Kline (held no vested shares at the start); Natalie Bancroft (most holdings were last confirmed in 2014). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$3.2M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $3.2M across 110,779 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $3.2M

Sales with no 10b5-1 plan and no tax reference in the filing. $1.5M of it is David Pitofsky. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: David Pitofsky, Aug 17, 2026

Taxes

393,996 shares ($11.5M) were withheld by the company for taxes, which isn't a market sale.

Charitable gifts · 302K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
David Pitofsky
General Counsel
51K$1.5M0%46%Aug 17, 2026 to Aug 17, 2026
Ruth Allen
Chief Human Resources Officer
22K$624K0%20%Aug 17, 2026 to Aug 17, 2026
Marygrace DeGrazio
Chief Accounting Officer
18K$526K0%17%Aug 17, 2026 to Aug 17, 2026
Lavanya Chandrashekar
Chief Financial Officer
18K$510K0%16%Aug 17, 2026 to Aug 17, 2026
Julian Delany
Chief Technology Officer
1.7K$50K0%2%Aug 17, 2026 to Aug 17, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$3.2M$0$0$3.2M
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about a third of the 5-year average. 5 insiders sold; the average is 3 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 8, 2026
Latest 12 months
111K5$3.2M
Oct 8, 2025
1 year earlier
74K3$2.2M
Oct 8, 2024
2 years earlier
140K5$3.8M
Oct 9, 2023
3 years earlier
286K3$5.9M
Oct 9, 2022
4 years earlier
1.08M2$23.3M
Oct 9, 2021
5 years earlier
108K2$2.1M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Inferred rename: "G&CM Trust" is treated as the same holder as "GRCLT LLC", because the old name was never reported again and the new one opened with the same balance (2,182,358 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology816 filings from SEC EDGAR, and how we read them

All 816 Forms 3, 4 and 5 filed for News Corp (SEC CIK 1564708) from Jun 18, 2013 to Oct 2, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages. 2 filings were left out because News Corp filed them as an owner of another company's stock.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (13)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Susan PanuccioOct 11, 2024154,287 shares, last reported balance as of Aug 15, 2024
Kelly AyotteOct 11, 2024No balance on record
Peter BarnesOct 13, 20221,989 shares, last reported balance as of Oct 12, 2022
Joel KleinOct 15, 2020No balance on record
James MurdochJul 2, 2020613,425 shares, last reported balance as of Dec 8, 2014
Kevin HalpinOct 18, 201942,804 shares, last reported balance as of Oct 16, 2019
Elaine ChaoJan 5, 2017No balance on record
Bedi SinghOct 5, 201633,667 shares, last reported balance as of Oct 3, 2016
John ElkannJul 5, 2016No balance on record
TWENTY-FIRST CENTURY FOX, INC.Jul 2, 2013No balance on record
Gerson ZweifachNo balance on record
David DevoeNo balance on record
John NallenNo balance on record