David B. Pitofsky, General Counsel at NEWS CORP (NWS), sold 138,158 shares at $20.98 ($2.9M) on 2023-08-15, disclosed to the SEC on 2023-08-16.
Seasonal sale ($2.9M) by General Counsel — this insider has traded NWS in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $20.98 | 58,000 | $1.2M | 41.3% |
| 2 | $21.62 | 3,841 | $83K | 2.8% |
| 3 | $21.62 | 5,053 | $109K | 3.7% |
| 4 | $21.62 | 5,215 | $113K | 3.8% |
| 5 | $21.62 | 66,049 | $1.4M | 48.4% |
| Total | $21.35 avg | 138,158 |
| $2.9M |
| 100% |
| Filing → |
| NWS | SELL | 2024-08-16 | $2.3M | — | Filing → |
| NWS | SELL | 2023-03-03 | $818K | — | Filing → |
| NWS | SELL | 2022-08-17 | $3.1M | — | Filing → |