NALLEN JOHN

Nallen John, President and COO, has demonstrated a clear selling bias in his transactions involving Fox Corporation (FOX), with $31.1 million in total sales outweighing $17.8 million in purchases across 24 reported trades. His recent activity has been exclusively dispositive, including four sales in March 2026 totaling $26.4 million, highlighted by a $12.2 million transaction on March 12 and a $13.8 million sale the prior day. These disposals were accompanied by smaller sales of $264,438 and $140,085, as well as multiple awards (coded "A") with no reported value. Earlier activity shows a mixed pattern, including acquisitions in August 2025 totaling $4.6 million through multiple "F"-coded transactions, though these were offset by subsequent sales. The data reveals a concentrated focus on FOX as the sole traded security, with no diversification across other equities. The March 2026 sales represent the most significant liquidation phase, accounting for approximately 85% of John's total sell-side value. While earlier filings included equity awards and purchases, the absence of recent acquisitions—coupled with the high-volume disposals—suggests a shift toward reducing exposure. The transactions, particularly the eight-figure sales executed consecutively on March 11–12, 2026, indicate a structured unwinding of positions rather than sporadic adjustments. No buys have been reported since August 2025, reinforcing the directional trend toward divestment.