secwatch.observer — SEC 8-K summary
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Issuer:     Fox Corp (FOXA)
CIK:        0001754301
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001193125-23-273574
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fox Corp appoints Adam Ciongoli as Chief Legal & Policy Officer, effective Dec 1, 2023
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- Ciongoli joins from Campbell Soup, where he was EVP, General Counsel and Chief Sustainability Officer.
- Base salary $1.75M, target bonus $2.75M, target long-term incentive award $3M under the SAP.
- Initial grant: RSUs valued at $2.25M and performance stock options at $750,000; make-whole RSU grant of $2.35M vests over 3 years.
- Employment agreement runs through November 30, 2026; Ciongoli will report to CEO Lachlan Murdoch.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754301/000119312523273574/0001193125-23-273574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754301/000119312523273574/d579706d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-273574

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer