Form 4: Disney Director Carolyn Everson Acquires Additional Shares

Director Carolyn Everson increased her holdings in Walt Disney Co. through stock unit acquisitions and dividend reinvestments.

Summary

• On March 31, 2024, Carolyn Everson, a director of Walt Disney Co., acquired 722.5 shares of Disney common stock.
• The acquisition was made at a price of $116.95 per share.
• This transaction increased Everson's direct holdings to 5,071.6 shares.
• The acquisition includes stock units credited under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan, including elective deferrals and a quarterly grant for non-employee directors.
• The total also reflects an adjustment crediting the amount to include dividends accrued pursuant to a dividend reinvestment plan of the Company.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director increasing their holdings is generally viewed favorably, but the transaction is part of a pre-existing compensation plan.

Positives

• A director increasing their stake in the company can be seen as a positive signal.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's prospects, although they don't always indicate a definitive trend.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates