Form 4: Disney Director Calvin McDonald Acquires Shares Through Stock Incentive Plan

Calvin McDonald, a director at Walt Disney Co, acquired 815.6 shares of common stock through the company's stock incentive plan.

Summary

• Calvin McDonald, a director of Walt Disney Co, acquired 815.6 shares of Disney common stock on December 31, 2024.
• The shares were acquired at a price of $111.88 per share.
• 279.3 of these shares were credited to McDonald's account under the company's 2011 Stock Incentive Plan due to elective deferral provisions.
• An additional 536.3 shares were granted as a quarterly grant under the same plan, as per the company's compensation policy for non-employee directors.
• Following this transaction, McDonald's total direct holdings in Disney common stock amount to 24,132.9 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There are no negative implications.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The stock incentive plan aligns director interests with shareholder value.

Industry Context

This is a routine filing related to director compensation and stock ownership, which is common practice in publicly traded companies. It reflects standard procedures for aligning director interests with company performance.

Comparison to Industry Standards

• Stock incentive plans are a common method of compensation for directors in publicly traded companies, including those in the media and entertainment industry.
• Companies like Netflix, Paramount, and Warner Bros. Discovery also utilize similar stock-based compensation plans for their directors.
• The number of shares acquired and the price are consistent with typical director compensation packages, though specific details vary by company and individual circumstances.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Walt Disney Co, Director, Stock Acquisition, Stock Incentive Plan, Calvin McDonald, Share Ownership, DIS