Form 4: Disney Director Maria Elena Lagomasino Acquires Shares Through Stock Incentive Plan

Maria Elena Lagomasino, a director at Walt Disney Co, acquired 893.8 shares of common stock through the company's stock incentive plan.

Summary

• Maria Elena Lagomasino, a director of Walt Disney Co, acquired 893.8 shares of Disney common stock on December 31, 2024.
• The shares were acquired at a price of $111.88 per share.
• 357.5 of these shares were credited to her account under the company's Amended and Restated 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, Ms. Lagomasino directly owns 31,759.2 shares of Disney common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with shareholders. There is no indication of any negative sentiment.

Positives

• The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.
• The stock incentive plan aligns the interests of directors with those of shareholders.

Industry Context

This transaction is a routine disclosure of a director's stock acquisition, which is common practice for publicly traded companies. It reflects the standard compensation practices for non-employee directors.

Comparison to Industry Standards

• Stock-based compensation for directors is a common practice across publicly traded companies, including Disney's peers like Netflix, Comcast, and Paramount.
• The use of stock incentive plans is a standard method to align director interests with shareholder value, similar to practices at companies like Warner Bros. Discovery and Fox Corporation.
• The specific number of shares and the value of the transaction are within the typical range for director compensation at large media companies.

Stakeholder Impact

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

Key Dates

Keywords

Walt Disney Co, Director, Stock Incentive Plan, Share Acquisition, Maria Elena Lagomasino, DIS, Common Stock, SEC Form 4