Form 4: Disney Director James P. Gorman Acquires Additional Shares

Director James P. Gorman increased his holdings in Walt Disney Co. through stock unit acquisitions.

Summary

• On March 31, 2025, James P. Gorman, a director of Walt Disney Co., acquired 1,265.7 shares of Disney common stock at a price of $99.61 per share.
• This acquisition increased his total holdings to 24,349.1 shares.
• The acquisition included 473.5 stock units credited under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan due to elective deferral provisions.
• An additional 792.2 stock units were credited as a quarterly grant under the Plan, as described in the Company's compensation policy 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 stake in the company is generally a good sign, but the acquisition is part of a pre-existing compensation plan.

Positives

• A director's increased investment in the company may signal confidence in the company's future performance.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future prospects. Director Gorman's acquisition could be interpreted as a positive signal.

Stakeholder Impact

• The increased holding by a director could positively influence shareholder confidence.

Key Dates

Keywords

Walt Disney Co, Director, Stock Acquisition, James P. Gorman, DIS, Stock Incentive Plan, Dividend Reinvestment