David B. Pitofsky, General Counsel at NEWS CORP (NWS), sold 96,282 shares at $23.55 ($2.3M) on 2021-08-16, disclosed to the SEC on 2021-08-17.
Seasonal sale ($2.3M) 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 | $23.52 | 5,297 | $125K | 5.5% |
| 2 | $23.52 | 68,985 | $1.6M | 71.6% |
| 3 | $23.55 | 22,000 | $518K | 22.9% |
| Total | $23.53 avg | 96,282 | $2.3M | 100% |
| Filing → |
| NWS | SELL | 2024-08-16 | $2.3M | — | Filing → |
| NWS | SELL | 2023-08-16 | $1.2M | — | Filing → |
| NWS | SELL | 2023-03-03 | $818K | — | Filing → |