Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-01

Fox (FOXA)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$32,980,954
Lachlan Murdoch total, FY2025
50th
CEO pay percentile vs peers
327:1
CEO-to-median pay ratio
95.93%
Say-on-pay support, latest vote
Companies that benchmark against FOXA
15 companies name FOXA as a compensation peer

Each company listed discloses FOXA in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named FOXA in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Lachlan Murdoch$3,000,000$0$10,594,860$2,750,000$10,680,000$3,958,000$1,998,094$32,980,954
Executive Chair and Chief Executive Officer
John Nallen2,000,00004,815,8211,250,0005,340,0001,723,000156,14115,284,962
President and Chief Operating Officer
Adam Ciongoli1,750,00002,889,519750,0004,895,000080,24210,364,761
Chief Legal and Policy Officer
Steven Tomsic1,750,00002,889,519750,0004,895,000036,98810,321,507
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Lachlan Murdoch$32,980,954
John Nallen15,284,96212,378,327+2,906,635
Adam Ciongoli10,364,7619,166,672+1,198,089
Steven Tomsic10,321,5077,839,1346,880,079+2,482,373

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Chase CareyDirector2025-10-01A8,121CommonForm 4 ↗
Paul D. RyanDirector2025-10-01A8,121CommonForm 4 ↗
Roland A. HernandezDirector2025-10-01A8,121CommonForm 4 ↗
Roland A. HernandezDirector2025-10-01D8,12100Derivative, Class A CommonForm 4 ↗
Paul D. RyanDirector2025-10-01D8,12100Derivative, Class A CommonForm 4 ↗
Chase CareyDirector2025-10-01D8,12100Derivative, Class A CommonForm 4 ↗
Paul D. RyanDirector2025-10-31D17,767641,143,484CommonForm 4 ↗
Keith Rupert Murdoch2025-11-07A168,756345,653,326CommonForm 4 ↗
Keith Rupert Murdoch2025-11-07D168,75600Derivative, Class A CommonForm 4 ↗
Keith Rupert Murdoch2025-11-07D168,7566611,132,833CommonForm 4 ↗
Steven TomsicChief Financial Officer2025-11-10D138,397679,208,936CommonForm 4 ↗
Steven TomsicChief Financial Officer2025-11-10D70,09100Derivative, Class A CommonForm 4 ↗
Steven TomsicChief Financial Officer2025-11-10D68,30600Derivative, Class A CommonForm 4 ↗
Steven TomsicChief Financial Officer2025-11-10A68,306362,459,016CommonForm 4 ↗
Steven TomsicChief Financial Officer2025-11-10A70,091402,821,864CommonForm 4 ↗
William A. BurckDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Chase CareyDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Margaret Peggy L. JohnsonDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Anthony J. AbbottDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Paul D. RyanDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Roland A. HernandezDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Keith Rupert Murdoch2025-11-21D100,000595,926,000CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2025-12-09D29,897702,079,336CommonForm 4 ↗
John NallenPresident, COO2026-03-11D170,76500Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D5,10060304,368CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D2,34358136,620CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D239,3575813,806,112CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D7,90058458,674CommonForm 4 ↗
John NallenPresident, COO2026-03-11D2,40258140,085CommonForm 4 ↗
John NallenPresident, COO2026-03-11A170,765366,147,540CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11A247,257409,954,567CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11A175,3726110,632,804CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D247,25700Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D86,69700Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D375,68300Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11A242,747409,772,994CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D240,4045813,878,523CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11A86,697403,490,421CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D151,265578,569,162CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D9,43858551,651CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D9006054,396CommonForm 4 ↗
John NallenPresident, COO2026-03-11A46,041401,853,611CommonForm 4 ↗
John NallenPresident, COO2026-03-11D242,30900Derivative, Class A CommonForm 4 ↗
John NallenPresident, COO2026-03-11D46,04100Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D295,6775817,004,384CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11A375,6833613,524,588CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D175,3726110,632,804CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D242,74700Derivative, Class A CommonForm 4 ↗
John NallenPresident, COO2026-03-11D239,9075813,849,831CommonForm 4 ↗
John NallenPresident, COO2026-03-11A242,309409,755,360CommonForm 4 ↗
John NallenPresident, COO2026-03-11D212,2535812,240,631CommonForm 4 ↗
John NallenPresident, COO2026-03-11D4,55358264,438CommonForm 4 ↗
Dividend-equivalent accruals2026-03-253,442~38,25210 insiders, 19 accrual rows
William A. BurckDirector2026-04-01A2,235CommonForm 4 ↗
William A. BurckDirector2026-04-01A2,23500Derivative, Class A CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2026-06-30A26,883CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2026-06-30D26,88300Derivative, Class A CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2026-06-30D10,52350530,254CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 76 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Chase CareyDirector2025-10-01A8,121CommonForm 4 ↗
Paul D. RyanDirector2025-10-01A8,121CommonForm 4 ↗
Roland A. HernandezDirector2025-10-01A8,121CommonForm 4 ↗
Roland A. HernandezDirector2025-10-01D8,12100Derivative, Class A CommonForm 4 ↗
Paul D. RyanDirector2025-10-01D8,12100Derivative, Class A CommonForm 4 ↗
Chase CareyDirector2025-10-01D8,12100Derivative, Class A CommonForm 4 ↗
Paul D. RyanDirector2025-10-31D17,767641,143,484CommonForm 4 ↗
Keith Rupert Murdoch2025-11-07A168,756345,653,326CommonForm 4 ↗
Keith Rupert Murdoch2025-11-07D168,75600Derivative, Class A CommonForm 4 ↗
Keith Rupert Murdoch2025-11-07D168,7566611,132,833CommonForm 4 ↗
Steven TomsicChief Financial Officer2025-11-10D138,397679,208,936CommonForm 4 ↗
Steven TomsicChief Financial Officer2025-11-10D70,09100Derivative, Class A CommonForm 4 ↗
Steven TomsicChief Financial Officer2025-11-10D68,30600Derivative, Class A CommonForm 4 ↗
Steven TomsicChief Financial Officer2025-11-10A68,306362,459,016CommonForm 4 ↗
Steven TomsicChief Financial Officer2025-11-10A70,091402,821,864CommonForm 4 ↗
William A. BurckDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Chase CareyDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Margaret Peggy L. JohnsonDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Anthony J. AbbottDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Paul D. RyanDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Roland A. HernandezDirector2025-11-14A3,47065224,995Derivative, Class A CommonForm 4 ↗
Keith Rupert Murdoch2025-11-21D100,000595,926,000CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2025-12-09D29,897702,079,336CommonForm 4 ↗
John NallenPresident, COO2026-03-11D170,76500Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D5,10060304,368CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D2,34358136,620CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D239,3575813,806,112CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D7,90058458,674CommonForm 4 ↗
John NallenPresident, COO2026-03-11D2,40258140,085CommonForm 4 ↗
John NallenPresident, COO2026-03-11A170,765366,147,540CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11A247,257409,954,567CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11A175,3726110,632,804CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D247,25700Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D86,69700Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D375,68300Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11A242,747409,772,994CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D240,4045813,878,523CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11A86,697403,490,421CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D151,265578,569,162CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D9,43858551,651CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D9006054,396CommonForm 4 ↗
John NallenPresident, COO2026-03-11A46,041401,853,611CommonForm 4 ↗
John NallenPresident, COO2026-03-11D242,30900Derivative, Class A CommonForm 4 ↗
John NallenPresident, COO2026-03-11D46,04100Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D295,6775817,004,384CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11A375,6833613,524,588CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D175,3726110,632,804CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-11D242,74700Derivative, Class A CommonForm 4 ↗
John NallenPresident, COO2026-03-11D239,9075813,849,831CommonForm 4 ↗
John NallenPresident, COO2026-03-11A242,309409,755,360CommonForm 4 ↗
John NallenPresident, COO2026-03-11D212,2535812,240,631CommonForm 4 ↗
John NallenPresident, COO2026-03-11D4,55358264,438CommonForm 4 ↗
Steven TomsicChief Financial Officer2026-03-25A7400Derivative, Class A CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2026-03-25A13100Derivative, Class A CommonForm 4 ↗
William A. BurckDirector2026-03-25A136587,955Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-25A52300Derivative, Class A CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2026-03-25A14200Derivative, Class A CommonForm 4 ↗
Chase CareyDirector2026-03-25A126587,370Derivative, Class A CommonForm 4 ↗
John NallenPresident, COO2026-03-25A28400Derivative, Class A CommonForm 4 ↗
John NallenPresident, COO2026-03-25A23700Derivative, Class A CommonForm 4 ↗
Steven TomsicChief Financial Officer2026-03-25A13100Derivative, Class A CommonForm 4 ↗
John NallenPresident, COO2026-03-25A12300Derivative, Class A CommonForm 4 ↗
Paul D. RyanDirector2026-03-25A126587,370Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-25A48000Derivative, Class A CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2026-03-25A12800Derivative, Class A CommonForm 4 ↗
Anthony J. AbbottDirector2026-03-25A70584,094Derivative, Class A CommonForm 4 ↗
Steven TomsicChief Financial Officer2026-03-25A14200Derivative, Class A CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2026-03-25A12200Derivative, Class A CommonForm 4 ↗
Roland A. HernandezDirector2026-03-25A126587,370Derivative, Class A CommonForm 4 ↗
Margaret Peggy L. JohnsonDirector2026-03-25A70584,094Derivative, Class A CommonForm 4 ↗
Lachlan K. MurdochDirector2026-03-25A27100Derivative, Class A CommonForm 4 ↗
William A. BurckDirector2026-04-01A2,235CommonForm 4 ↗
William A. BurckDirector2026-04-01A2,23500Derivative, Class A CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2026-06-30A26,883CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2026-06-30D26,88300Derivative, Class A CommonForm 4 ↗
Adam CiongoliChief Legal and Policy Officer2026-06-30D10,52350530,254CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Adam CiongoliOption$750,000
Lachlan MurdochPSU10,594,860
John NallenPSU4,815,821
Lachlan MurdochOption2,750,000
John NallenOption1,250,000
Steven TomsicOption750,000
Adam CiongoliPSU2,889,519
Steven TomsicPSU2,889,519
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Adam Ciongoli$0$2,889,519$750,00079.4%
Lachlan Murdoch010,594,8602,750,00079.4%
John Nallen04,815,8211,250,00079.4%
Steven Tomsic02,889,519750,00079.4%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
John NallenOption170,76536
Steven TomsicPSU45,3842,543,319
Steven TomsicRSU48,8621,908,550
Steven TomsicRSU45,249681,107
John NallenOption107,11238.98
Lachlan MurdochOption401,45926.12
Lachlan MurdochOption375,68336
Lachlan MurdochOption275,00034.83
Lachlan MurdochOption264,16934.84
Lachlan MurdochOption235,64638.98
John NallenOption120,54033.5
John NallenOption125,00034.83
John NallenOption120,07634.84
Steven TomsicOption72,32433.5
Steven TomsicOption68,30636
Adam CiongoliOption64,26738.98
Steven TomsicRSU138,3687,754,143
John NallenRSU230,61712,923,777
Steven TomsicOption72,04634.84
Lachlan MurdochOption576,70140.26
Adam CiongoliOption109,97034.84
Lachlan MurdochRSU507,36428,432,679
Adam CiongoliRSU122,1426,844,838
John NallenPSU75,6424,238,978
Adam CiongoliPSU22,2561,247,226
Steven TomsicOption50,00034.83
Lachlan MurdochRSU212,0408,282,282
John NallenRSU96,3773,764,486
John NallenRSU182,4813,213,782
Adam CiongoliRSU51,8432,497,155
Steven TomsicOption72,99226.12
Steven TomsicOption64,26738.98
Lachlan MurdochPSU166,4159,325,897
Lachlan MurdochOption265,18833.5
John NallenOption288,35040.26
Steven TomsicOption70,09140.26
05

Incentive-plan design — the Compensation Discussion & Analysis

The Compensation Committee evaluates the compensation program for our named executive officers with the aim of (a) creating a holistic program to align the interests of our named executive officers with those of our stockholders, (b) maintaining the Company's competitive position as a best-in-class employer and (c) encouraging retention of key talent who are uniquely positioned to drive performance and deliver results for our key stakeholders.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)
Independent consultantFW Cook
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-11-14192,375,9278,152,4391,473,62495.93%Passed
20242024-11-19195,653,22914,467,16839,36593.11%Passed
20232023-11-17198,747,5709,228,275103,67095.56%Passed
20222022-11-03201,080,70810,710,102160,77894.94%Passed
20212021-11-10214,774,76111,056,86240,45995.1%Passed
20202020-11-12219,774,27621,304,934209,17991.16%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-11-1495.93%a
20242024-11-1993.11%b
20232023-11-1795.56%c

a. Approved under the standard stated in the filing — “We will consider this proposal to be approved, on an advisory basis, if a plurality of the votes cast at the Annual Meeting is voted for "1 year." Abstentions and broker non-votes will not be counted as a vote cast either "FOR" or "AGAINST" the proposal.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted as a vote cast either "FOR" or "AGAINST" with respect to the Director or Directors indicated.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted as a vote cast either "FOR" or "AGAINST" with respect to the Director or Directors indicated.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)327 : 1
CEO total compensation$32,980,954
Median employee compensation$100,889
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Roland A. HernandezIndependent · Audit (Chair) · Nominating and Corporate Governance$153,084$224,956$0$0$0$378,040
William A. BurckIndependent · Compensation (Chair) · Nominating and Corporate Governance150,000224,956000374,956
Paul D. RyanIndependent · Nominating and Corporate Governance (Chair) · Compensation143,084224,956000368,040
Chase CareyIndependent · Lead Independent Director · Audit · Compensation130,000224,956000354,956
Margaret Peggy L. JohnsonIndependent · Audit · Compensation130,000224,956000354,956
Tony Abbott ACIndependent · Nominating and Corporate Governance110,000224,956000334,956
Lachlan K. MurdochEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$224,956
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 25,000 / 15,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$816,168
Equity awards (grant-date value)$1,349,736
All other compensation$0
Total cost of the board$2,165,904

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Fox names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Fox.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Warner Bros. Discovery, Inc.2025David Zaslav$3,000,000$22,597,744$109,593,181$25,726,018$165,009,366
2Netflix, Inc.2025Ted Sarandos3,000,00041,398,42407,053,95853,905,972
3The Walt Disney Company2025Robert Iger1,000,00021,000,05714,000,0067,250,00045,842,574
4Nexstar Media Group, Inc.2025Perry Sook3,000,00029,584,40504,085,07239,509,740
5Liberty Global plc2025Michael Fries3,000,00018,042,057013,000,00037,717,946
6Comcast Corporation2025Brian Roberts2,600,96223,473,07608,583,17535,148,413
7Fox2025Lachlan Murdoch3,000,00010,594,8602,750,00010,680,00032,980,954
8Live Nation Entertainment, Inc.2025Michael Rapino3,000,00010,000,368017,372,52232,552,324
9AMC Networks Inc.2025Kristin Dolan2,000,0004,231,55306,030,28812,525,644
10Sinclair Broadcast Group, Inc.2025Christopher Ripley1,000,0006,761,54302,079,65210,824,228
11Sirius XM Holdings, Inc.2025Jennifer Witz2,000,000006,000,0008,012,795
12Charter Communications, Inc.2025Christopher Winfrey1,823,846004,263,1466,466,193
Paramount Globalnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Fox178%RSU 50 · Options 25 · PSU 25YesFW Cook
AMC Networks Inc.101%Cash LTI 50 · RSU 50NoPay Governance LLC (through December 2025); ClearBridge Compensation Group LLC (engaged December 18, 2025)
Charter Communications, Inc.94.3%Options 90 · RSU 10not disclosedSemler Brossy Consulting Group, LLC
Comcast Corporation110%PSU 100Yes — Relative TSR ModifierKorn Ferry
Liberty Global plc112.2%PSU 70 · RSU 20 · LTIP Units 10NoThe Croner Company
Live Nation Entertainment, Inc.102%not disclosedNoThe Croner Company
Netflix, Inc.117.57%PSU 50 · RSU 50Yes — Company TSR relative to the TSR of the companies in the S&P 500Compensia
Nexstar Media Group, Inc.113%RSU 50 · PSU 50Yes — Relative TSR vs Peer GroupMeridian
Paramount Global164.2%PSU 50 · RSU 50NoClearBridge
Sinclair Broadcast Group, Inc.not disclosednot disclosednot disclosednot disclosed
Sirius XM Holdings, Inc.102%not disclosedNoMeridian Compensation Partners, LLC
The Walt Disney Company144.4%PSU 60 · Options 40Yes — TSR performance relative to the S&P 500 Media & Entertainment IndexPay Governance LLC
Warner Bros. Discovery, Inc.116.9%PSU 100NoPay Governance

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Lachlan MurdochDEF 14A2025-09-250001628280-25-042772Section “Summary Compensation Table for the Fiscal Year Ended June 30, 2025” · page 34. As printed: 32,980,954. Filing ↗machine: span 656057–656067
2Section 01, John NallenDEF 14A2025-09-250001628280-25-042772Section “Summary Compensation Table for the Fiscal Year Ended June 30, 2025” · page 34. As printed: 15,284,962. Filing ↗machine: span 671798–671808
3Section 01, Adam CiongoliDEF 14A2025-09-250001628280-25-042772Section “Summary Compensation Table for the Fiscal Year Ended June 30, 2025” · page 34. As printed: 10,364,761. Filing ↗machine: span 703949–703959
4Section 01, Steven TomsicDEF 14A2025-09-250001628280-25-042772Section “Summary Compensation Table for the Fiscal Year Ended June 30, 2025” · page 34. As printed: 10,321,507. Filing ↗machine: span 688110–688120
5Section 03, Adam Ciongoli OptionDEF 14A2025-09-250001628280-25-042772Section “Grants of Plan-Based Awards During the Fiscal Year Ended June 30, 2025” · grants of plan-based awards table. Filing ↗machine: t113 · r15 · c7 · span 781358–781365
6Section 03, Lachlan Murdoch PSUDEF 14A2025-09-250001628280-25-042772Section “Grants of Plan-Based Awards During the Fiscal Year Ended June 30, 2025” · grants of plan-based awards table. Filing ↗machine: t109 · r2 · c9 · span 653215–653225
7Section 03, John Nallen PSUDEF 14A2025-09-250001628280-25-042772Section “Grants of Plan-Based Awards During the Fiscal Year Ended June 30, 2025” · grants of plan-based awards table. Filing ↗machine: t109 · r5 · c9 · span 668585–668594
8Section 03, Lachlan Murdoch OptionDEF 14A2025-09-250001628280-25-042772Section “Grants of Plan-Based Awards During the Fiscal Year Ended June 30, 2025” · grants of plan-based awards table. Filing ↗machine: t113 · r6 · c16 · span 757450–757459
9Section 03, John Nallen OptionDEF 14A2025-09-250001628280-25-042772Section “Grants of Plan-Based Awards During the Fiscal Year Ended June 30, 2025” · grants of plan-based awards table. Filing ↗machine: t113 · r10 · c16 · span 769317–769326
10Section 03, Steven Tomsic OptionDEF 14A2025-09-250001628280-25-042772Section “Grants of Plan-Based Awards During the Fiscal Year Ended June 30, 2025” · grants of plan-based awards table. Filing ↗machine: t113 · r11 · c7 · span 770946–770953
11Section 03, Adam Ciongoli PSUDEF 14A2025-09-250001628280-25-042772Section “Grants of Plan-Based Awards During the Fiscal Year Ended June 30, 2025” · grants of plan-based awards table. Filing ↗machine: t109 · r11 · c9 · span 700741–700750
12Section 03, Steven Tomsic PSUDEF 14A2025-09-250001628280-25-042772Section “Grants of Plan-Based Awards During the Fiscal Year Ended June 30, 2025” · grants of plan-based awards table. Filing ↗machine: t109 · r8 · c9 · span 685277–685286
13Section 07, pay ratioDEF 14A2025-09-250001628280-25-042772Section “CEO Pay Ratio”. As printed: 327 : 1. Filing ↗machine: span 1014049–1014057
14Section 08, Roland A. HernandezDEF 14A2025-09-250001628280-25-042772Section “Director Compensation”. As printed: 378,040. Filing ↗machine: t144 · r5 · c7 · span 1117732–1117739
15Section 08, William A. BurckDEF 14A2025-09-250001628280-25-042772Section “Director Compensation”. As printed: 374,956. Filing ↗machine: t144 · r3 · c7 · span 1112903–1112910
16Section 08, Paul D. RyanDEF 14A2025-09-250001628280-25-042772Section “Director Compensation”. As printed: 368,040. Filing ↗machine: t144 · r7 · c7 · span 1122615–1122622
17Section 08, Chase CareyDEF 14A2025-09-250001628280-25-042772Section “Director Compensation”. As printed: 354,956. Filing ↗machine: t144 · r4 · c7 · span 1115413–1115420
18Section 08, Margaret Peggy L. JohnsonDEF 14A2025-09-250001628280-25-042772Section “Director Compensation”. As printed: 354,956. Filing ↗machine: t144 · r6 · c7 · span 1120071–1120078
19Section 08, Tony Abbott ACDEF 14A2025-09-250001628280-25-042772Section “Director Compensation”. As printed: 334,956. Filing ↗machine: t144 · r2 · c7 · span 1110587–1110594
20Section 08, Lachlan K. MurdochDEF 14A2025-09-250001628280-25-042772Section “Director Compensation”. As printed: 0. Filing ↗
21Section 02, Chase Carey 2025-10-01Form 42025-10-020001628280-25-043739Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Paul D. Ryan 2025-10-01Form 42025-10-020001628280-25-043742Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Roland A. Hernandez 2025-10-01Form 42025-10-020001628280-25-043745Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Roland A. Hernandez 2025-10-01Form 42025-10-020001628280-25-043745Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Paul D. Ryan 2025-10-01Form 42025-10-020001628280-25-043742Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Chase Carey 2025-10-01Form 42025-10-020001628280-25-043739Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Paul D. Ryan 2025-10-31Form 42025-10-310001628280-25-047892Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Keith Rupert Murdoch 2025-11-07Form 42025-11-070001628280-25-050728Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Keith Rupert Murdoch 2025-11-07Form 42025-11-070001628280-25-050728Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Keith Rupert Murdoch 2025-11-07Form 42025-11-070001628280-25-050728Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Steven Tomsic 2025-11-10Form 42025-11-100001628280-25-051207Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Steven Tomsic 2025-11-10Form 42025-11-100001628280-25-051207Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Steven Tomsic 2025-11-10Form 42025-11-100001628280-25-051207Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Steven Tomsic 2025-11-10Form 42025-11-100001628280-25-051207Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Steven Tomsic 2025-11-10Form 42025-11-100001628280-25-051207Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, William A. Burck 2025-11-14Form 42025-11-170001628280-25-052659Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Chase Carey 2025-11-14Form 42025-11-170001628280-25-052656Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Margaret Peggy L. Johnson 2025-11-14Form 42025-11-170001628280-25-052649Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Anthony J. Abbott 2025-11-14Form 42025-11-170001628280-25-052661Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Paul D. Ryan 2025-11-14Form 42025-11-170001628280-25-052662Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Roland A. Hernandez 2025-11-14Form 42025-11-170001628280-25-052653Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Keith Rupert Murdoch 2025-11-21Form 42025-11-250001628280-25-054001Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Adam Ciongoli 2025-12-09Form 42025-12-090001628280-25-056157Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, John Nallen 2026-03-11Form 42026-03-130001628280-26-017854Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, John Nallen 2026-03-11Form 42026-03-130001628280-26-017854Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, John Nallen 2026-03-11Form 42026-03-130001628280-26-017854Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, John Nallen 2026-03-11Form 42026-03-130001628280-26-017854Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, John Nallen 2026-03-11Form 42026-03-130001628280-26-017854Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, John Nallen 2026-03-11Form 42026-03-130001628280-26-017854Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Lachlan K. Murdoch 2026-03-11Form 42026-03-130001628280-26-017855Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, John Nallen 2026-03-11Form 42026-03-130001628280-26-017854Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, John Nallen 2026-03-11Form 42026-03-130001628280-26-017854Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, John Nallen 2026-03-11Form 42026-03-130001628280-26-017854Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, John Nallen 2026-03-11Form 42026-03-130001628280-26-017854Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Steven Tomsic 2026-03-25Form 42026-03-260001628280-26-021510Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Adam Ciongoli 2026-03-25Form 42026-03-260001628280-26-021503Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, William A. Burck 2026-03-25Form 42026-03-260001628280-26-021501Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Lachlan K. Murdoch 2026-03-25Form 42026-03-260001628280-26-021507Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Adam Ciongoli 2026-03-25Form 42026-03-260001628280-26-021503Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Chase Carey 2026-03-25Form 42026-03-260001628280-26-021502Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, John Nallen 2026-03-25Form 42026-03-260001628280-26-021508Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, John Nallen 2026-03-25Form 42026-03-260001628280-26-021508Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Steven Tomsic 2026-03-25Form 42026-03-260001628280-26-021510Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, John Nallen 2026-03-25Form 42026-03-260001628280-26-021508Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Paul D. Ryan 2026-03-25Form 42026-03-260001628280-26-021509Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Lachlan K. Murdoch 2026-03-25Form 42026-03-260001628280-26-021507Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Adam Ciongoli 2026-03-25Form 42026-03-260001628280-26-021503Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Anthony J. Abbott 2026-03-25Form 42026-03-260001628280-26-021497Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Steven Tomsic 2026-03-25Form 42026-03-260001628280-26-021510Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, Adam Ciongoli 2026-03-25Form 42026-03-260001628280-26-021503Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Roland A. Hernandez 2026-03-25Form 42026-03-260001628280-26-021505Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Margaret Peggy L. Johnson 2026-03-25Form 42026-03-260001628280-26-021506Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Lachlan K. Murdoch 2026-03-25Form 42026-03-260001628280-26-021507Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, William A. Burck 2026-04-01Form 42026-04-020001628280-26-023167Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, William A. Burck 2026-04-01Form 42026-04-020001628280-26-023167Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, Adam Ciongoli 2026-06-30Form 42026-07-010001628280-26-046568Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, Adam Ciongoli 2026-06-30Form 42026-07-010001628280-26-046568Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, Adam Ciongoli 2026-06-30Form 42026-07-010001628280-26-046568Insider equity transaction reported since the proxy statement. Filing ↗
97Section 06, 2025 voteForm 8-K2025-11-170001628280-25-052588Item 5.07 · say-on-pay result. As reported: 95.93% (votes for as printed: 192,375,927). Filing ↗
98Section 06, 2024 voteForm 8-K2024-11-190001628280-24-048415Item 5.07 · say-on-pay result. As reported: 93.11% (votes for as printed: 195,653,229). Filing ↗
99Section 06, 2023 voteForm 8-K2023-11-170001193125-23-279912Item 5.07 · say-on-pay result. As reported: 95.56% (votes for as printed: 198,747,570). Filing ↗
100Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
101Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
102Section 09b board cost (computed)ComputedcomputedCash 816,168 + equity 1,349,736 + all other 0 = 2,165,904, summed across the director compensation table rows.machine: formula: Σ = 2,165,904
103Warner Bros. Discovery, Inc., Section 10b CEO totalDEF 14A2026-04-300001437107-26-000046CEO total compensation as printed in Warner Bros. Discovery, Inc.'s own proxy. As printed: 165,009,366. Filing ↗machine: span 1634526–1634537
104Netflix, Inc., Section 10b CEO totalDEF 14A2026-04-160001193125-26-159286CEO total compensation as printed in Netflix, Inc.'s own proxy. As printed: 53,905,972. Filing ↗machine: r3 · c30 · span 622677–622687
105The Walt Disney Company, Section 10b CEO totalDEF 14A2026-01-220001744489-26-000013CEO total compensation as printed in The Walt Disney Company's own proxy. As printed: 45,842,574. Filing ↗machine: r3 · c27 · span 1324221–1324231
106Nexstar Media Group, Inc., Section 10b CEO totalDEF 14A2026-04-300001142417-26-000016CEO total compensation as printed in Nexstar Media Group, Inc.'s own proxy. As printed: 39,509,740. Filing ↗machine: r2 · c14 · span 1843852–1843863
107Liberty Global plc, Section 10b CEO totalDEF 14A2026-04-290001193125-26-191485CEO total compensation as printed in Liberty Global plc's own proxy. As printed: 37,717,946. Filing ↗machine: t136 · r2 · c35 · span 584468–584478
108Comcast Corporation, Section 10b CEO totalDEF 14A2026-04-240001193125-26-177138CEO total compensation as printed in Comcast Corporation's own proxy. As printed: 35,148,413. Filing ↗machine: r4 · c25 · span 1522252–1522262
109Fox (subject), Section 10b CEO totalDEF 14A2025-09-250001628280-25-042772CEO total compensation as printed in Fox's own proxy. As printed: 32,980,954. Filing ↗machine: span 656057–656067
110Live Nation Entertainment, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-174146CEO total compensation as printed in Live Nation Entertainment, Inc.'s own proxy. As printed: 32,552,324. Filing ↗machine: r2 · c31 · span 714411–714421
111AMC Networks Inc., Section 10b CEO totalDEF 14A2026-04-300001193125-26-194208CEO total compensation as printed in AMC Networks Inc.'s own proxy. As printed: 12,525,644. Filing ↗machine: r2 · c34 · span 747957–747967
112Sinclair Broadcast Group, Inc., Section 10b CEO totalDEF 14A2026-04-230001971213-26-000017CEO total compensation as printed in Sinclair Broadcast Group, Inc.'s own proxy. As printed: 10,824,228. Filing ↗machine: r5 · c36 · span 517565–517575
113Sirius XM Holdings, Inc., Section 10b CEO totalDEF 14A2026-04-100001104659-26-041777CEO total compensation as printed in Sirius XM Holdings, Inc.'s own proxy. As printed: 8,012,795. Filing ↗machine: r2 · c53 · span 986498–986507
114Charter Communications, Inc., Section 10b CEO totalDEF 14A2026-03-120001140361-26-009220CEO total compensation as printed in Charter Communications, Inc.'s own proxy. As printed: 6,466,193. Filing ↗machine: r2 · c28 · span 716263–716272
115Section 10a, The Walt Disney Company reciprocityDEF 14A0001744489-26-000013The Walt Disney Company's most recent proxy was read; its disclosed peer group does not include Fox. Filing ↗
116Section 10a, Charter Communications, Inc. reciprocityDEF 14A0001140361-26-009220Charter Communications, Inc. names Fox in its own disclosed peer group (read from its most recent proxy). Filing ↗
117Section 10a, Netflix, Inc. reciprocityDEF 14A0001193125-26-159286Netflix, Inc. names Fox in its own disclosed peer group (read from its most recent proxy). Filing ↗
118Section 10a, Sirius XM Holdings, Inc. reciprocityDEF 14A0001104659-26-041777Sirius XM Holdings, Inc. names Fox in its own disclosed peer group (read from its most recent proxy). Filing ↗
119Section 10a, Paramount Global reciprocityDEF 14A0001140361-25-021135Paramount Global names Fox in its own disclosed peer group (read from its most recent proxy). Filing ↗
120Section 10a, Live Nation Entertainment, Inc. reciprocityDEF 14A0001193125-26-174146Live Nation Entertainment, Inc. names Fox in its own disclosed peer group (read from its most recent proxy). Filing ↗
121Section 10a, Sinclair Broadcast Group, Inc. reciprocityDEF 14A0001971213-26-000017Sinclair Broadcast Group, Inc. names Fox in its own disclosed peer group (read from its most recent proxy). Filing ↗
122Section 10a, Warner Bros. Discovery, Inc. reciprocityDEF 14A0001437107-26-000046Warner Bros. Discovery, Inc. names Fox in its own disclosed peer group (read from its most recent proxy). Filing ↗
123Section 10a, Nexstar Media Group, Inc. reciprocityDEF 14A0001142417-26-000016Nexstar Media Group, Inc. names Fox in its own disclosed peer group (read from its most recent proxy). Filing ↗
124Section 10a, Comcast Corporation reciprocityDEF 14A0001193125-26-177138Comcast Corporation names Fox in its own disclosed peer group (read from its most recent proxy). Filing ↗