Form 4: Disney Director Jeremy Darroch Acquires Shares Through Stock Incentive Plan

Director Jeremy Darroch acquired 815.6 shares of Disney stock through the company's stock incentive plan on December 31, 2024.

Summary

• Jeremy Darroch, a director at 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.
• The acquisition was made through the company's Amended and Restated 2011 Stock Incentive Plan.
• 279.3 of the shares were credited due to elective deferral provisions of the plan.
• An additional 536.3 shares were credited as a quarterly grant under the plan, as per the company's compensation policy for non-employee directors.
• Following the transaction, Darroch directly owns 4,558.6 shares of Disney stock.

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 those of shareholders.
• The quarterly grant is part of a regular compensation policy for non-employee directors.

Industry Context

This is a routine transaction related to director compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Stock-based compensation is a standard practice for directors at large public companies like Disney.
• Many companies use stock incentive plans to align the interests of directors with those of shareholders.
• The specific terms of the plan, such as the deferral provisions and quarterly grants, are typical for director compensation packages.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates director confidence in the company.
• The stock incentive plan aligns director interests with those of shareholders.

Key Dates

Keywords

Walt Disney Co, Director, Stock Acquisition, Stock Incentive Plan, Equity, Jeremy Darroch, DIS