David B. Pitofsky, General Counsel at NEWS CORP (NWS), sold 123,809 shares at $27.47 ($3.4M) on 2024-08-15, disclosed to the SEC on 2024-08-16.
Seasonal sale ($3.4M) 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 | $27.32 | 3,877 | $106K | 3.1% |
| 2 | $27.32 | 4,561 | $125K | 3.7% |
| 3 | $27.32 | 5,096 | $139K | 4.1% |
| 4 | $27.32 | 26,195 | $716K | 21.1% |
| 5 | $27.47 | 42,040 | $1.2M | 34.0% |
| 6 | $27.47 | 42,040 |
| $1.2M |
| 34.0% |
| Total | $27.42 avg | 123,809 | $3.4M | 100% |
| Filing → |
| NWS | SELL | 2023-08-16 | $1.2M | — | Filing → |
| NWS | SELL | 2023-03-03 | $818K | — | Filing → |
| NWS | SELL | 2022-08-17 | $3.1M | — | Filing → |