David B. Pitofsky
Net Worth

Last updated:

What is David B. Pitofsky net worth?

The estimated net worth of Mr. David B. Pitofsky is at least $65,101,635 as of 3 Mar 2023. He owns shares worth $4,788,456 as insider, has earned $6,313,179 from insider trading and has received compensation worth at least $54,000,000 in News Corporation and News Corporation.

What is the salary of David B. Pitofsky?

Mr. David B. Pitofsky salary is $3,000,000 per year as Executive Vice President, Gen. Counsel & Chief Compliance Officer in News Corporation. He also receives $3,000,000 as Executive Vice President, Gen. Counsel & Chief Compliance Officer in News Corporation.

How old is David B. Pitofsky?

Mr. David B. Pitofsky is 60 years old, born in 1965.

What stocks does David B. Pitofsky currently own?

As insider, Mr. David B. Pitofsky owns shares in 2 companies:

Company Title Shares Price per share Total value
News Corporation (NWS) Executive Vice President, Gen. Counsel & Chief Compliance Officer 83,291 $34.57 $2,879,370
News Corporation (NWSA) Executive Vice President, Gen. Counsel & Chief Compliance Officer 63,956 $29.85 $1,909,087

What does News Corporation do?

News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, and OPIS through various media channels, such as newspapers, newswires, websites, mobile apps, newsletters, magazines, proprietary databases, live journalism, video, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides sports, entertainment, and news services to pay-TV and streaming subscribers, and other commercial licensees through cable, satellite, and internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related advertising and services on its websites and mobile applications; online real estate services; and financial services. The company was founded in 2012 and is headquartered in New York, New York.

What does News Corporation do?

News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates in six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other. The company distributes content and data products, including The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, and OPIS through various media channels, such as newspapers, newswires, websites, mobile apps, newsletters, magazines, proprietary databases, live journalism, video, and podcasts. It also owns and operates daily, Sunday, weekly, and bi-weekly newspapers comprising The Australian, The Weekend Australian, The Daily Telegraph, The Sunday Telegraph, Herald Sun, Sunday Herald Sun, The Courier Mail, The Sunday Mail, The Advertiser, Sunday Mail, The Sun, The Sun on Sunday, The Times, The Sunday Times, and New York Post, as well as digital mastheads and other websites. In addition, the company publishes general fiction, nonfiction, children's, and religious books; provides sports, entertainment, and news services to pay-TV and streaming subscribers, and other commercial licensees through cable, satellite, and internet distribution; and broadcasts rights to live sporting events. Further, it offers property and property-related advertising and services on its websites and mobile applications; online real estate services; and financial services. The company was founded in 2012 and is headquartered in New York, New York.

David B. Pitofsky insider trading

News Corporation

Mr. David B. Pitofsky has made 6 insider trades between 2016-2023, according to the Form 4 filled with the SEC. Most recently he sold 23,750 units of NWSA stock worth $409,165 on 3 Mar 2023.

The largest trade he's ever made was exercising 183,509 units of NWSA stock on 15 Aug 2022. As of 3 Mar 2023 he still owns at least 63,956 units of NWSA stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Class A Common Stock 23,750 $17.23 $409,165
Option
Stock-Settled Performance Stock Units 183,509 N/A N/A
Option
Stock-Settled Restricted Stock Units 9,312 N/A N/A
Option
Stock-Settled Restricted Stock Units 6,862 N/A N/A
Option
Class A Common Stock 9,312 N/A N/A
Option
Class A Common Stock 6,862 N/A N/A
Option
Class A Common Stock 183,509 N/A N/A
Sale
Class A Common Stock 82,028 $18.73 $1,536,384
Option
Stock-Settled Restricted Stock Units 9,230 N/A N/A
Option
Stock-Settled Performance Stock Units 120,224 N/A N/A
Sale
Class A Common Stock 22,000 $23.56 $518,210
Option
Class A Common Stock 129,454 N/A N/A
Sale
Class A Common Stock 16,000 $21.82 $349,184
Option
Stock-Settled Performance Stock Units 81,217 N/A N/A
Option
Class A Common Stock 81,217 N/A N/A
Sale
Class A Common Stock 11,433 $13.26 $151,602
Option
Class A Common Stock 66,096 N/A N/A
Option
Stock-Settled Performance Stock Units 66,096 N/A N/A
Sale
Class A Common Stock 30,919 $13.83 $427,733
Option
Stock-Settled Performance Stock Units 36,077 N/A N/A
Option
Class A Common Stock 36,077 N/A N/A
Option
Stock-Settled Performance Stock Units 13,967 N/A N/A
Option
Class A Common Stock 13,967 N/A N/A
Option
Class A Common Stock 20,783 N/A N/A
Option
Stock-Settled Performance Stock Units 20,783 N/A N/A

News Corporation

Mr. David B. Pitofsky has made 6 insider trades between 2016-2023, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 131,982 units of NWS stock on 15 Aug 2023. As of 3 Mar 2023 he still owns at least 83,291 units of NWS stock.

Transaction Date Security Shares Price per share Total value Source
Option
Class A Common Stock 9,430 N/A N/A
Option
Stock-Settled Restricted Stock Units 6,944 N/A N/A
Option
Stock-Settled Restricted Stock Units 9,137 N/A N/A
Sale
Class A Common Stock 58,000 $20.98 $1,216,608
Option
Class A Common Stock 9,137 N/A N/A
Option
Class A Common Stock 6,944 N/A N/A
Option
Class A Common Stock 131,982 N/A N/A
Option
Stock-Settled Performance Stock Units 131,982 N/A N/A
Option
Stock-Settled Restricted Stock Units 9,430 N/A N/A
Sale
Class A Common Stock 23,750 $17.23 $409,165
Sale
Class A Common Stock 22,000 $23.56 $518,210
Option
Stock-Settled Restricted Stock Units 9,230 N/A N/A
Option
Stock-Settled Performance Stock Units 120,224 N/A N/A
Option
Class A Common Stock 129,454 N/A N/A
Sale
Class A Common Stock 16,000 $21.82 $349,184
Option
Stock-Settled Performance Stock Units 81,217 N/A N/A
Option
Class A Common Stock 81,217 N/A N/A
Sale
Class A Common Stock 11,433 N/A N/A
Option
Class A Common Stock 66,096 N/A N/A
Option
Stock-Settled Performance Stock Units 66,096 N/A N/A
Sale
Class A Common Stock 30,919 $13.83 $427,733
Option
Class A Common Stock 36,077 N/A N/A
Option
Stock-Settled Performance Stock Units 36,077 N/A N/A
Option
Class A Common Stock 13,967 N/A N/A
Option
Stock-Settled Performance Stock Units 13,967 N/A N/A
Option
Stock-Settled Performance Stock Units 20,783 N/A N/A
Option
Class A Common Stock 20,783 N/A N/A