Form 4: Disney Director Boosts Stake with Stock Acquisition

Walt Disney Co. Director Jeremy Darroch acquired 818.4 shares of common stock at $113.73 per share, increasing his beneficial ownership to 7,073 shares.

Summary

• Jeremy Darroch, a Director of Walt Disney Co. (DIS), acquired 818.4 shares of the company's common stock.
• The transaction occurred on September 30, 2025, at a price of $113.73 per share.
• Following this acquisition, Darroch's total beneficial ownership in Disney common stock stands at 7,073 shares.
• The acquired shares include 276.8 stock units from quarterly cash retainer fees for Board services and 541.6 deferred stock units as a quarterly grant under the Amended and Restated 2011 Stock Incentive Plan.
• Additional stock units were also credited in respect of dividends paid on shares of Issuer common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if routine compensation, generally indicates confidence in the company's value and future, aligning management's interests with shareholders.

Positives

• A director increasing their stake in the company, even if routine, can signal confidence in the company's future prospects and alignment with shareholder interests.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction filing, common for directors who receive equity as part of their compensation. It reflects an individual director's ownership changes rather than broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive signal of management's commitment and belief in the company's long-term value.

Key Dates

Keywords

Disney, DIS, Insider Transaction, Form 4, Stock Acquisition, Director, Common Stock, Beneficial Ownership