secwatch.observer — SEC 8-K summary
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Issuer:     Fox Corp (FOXA)
CIK:        0001754301
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001193125-21-326138
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Fox extends CEO contracts through 2026; shareholders reject lobbying disclosure, B corp proposals
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- Employment terms extended: Lachlan Murdoch and Steven Tomsic through June 2026; John Nallen and Viet Dinh through June 2025.
- Steven Tomsic's base salary raised to $1.75M and target annual equity to $3M, effective July 1, 2022.
- Eliminated annual bonus opportunity and continued performance equity vesting for NEOs upon termination for cause.
- All board nominees elected with >90% support, including K. Rupert Murdoch, Lachlan Murdoch, and Paul Ryan.
- Lobbying disclosure proposal failed (43% for) and public benefit corporation proposal failed (1.1% for); say-on-pay passed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754301/000119312521326138/0001193125-21-326138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754301/000119312521326138/d928129d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-326138

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