Form 4: Disney Director Mark Parker Acquires Shares Through Stock Incentive Plan

Director Mark Parker acquired 1,184.3 shares of Disney stock through the company's stock incentive plan.

Summary

• Mark Parker, a director at Walt Disney Co, acquired 1,184.3 shares of Disney common stock on December 31, 2024.
• The shares were acquired at a price of $111.88 per share.
• 486 of the shares were credited to Parker's account under the company's 2011 Stock Incentive Plan due to elective deferral provisions.
• An additional 698.3 shares were granted as a quarterly grant under the same plan, as per the company's compensation policy for non-employee directors.
• Following the transaction, Parker's total direct holdings amount to 29,649.1 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 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 is a routine filing related to director compensation and stock ownership, which 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.
• The use of stock incentive plans is a common method to align director interests with shareholder value.
• The number of shares acquired is consistent with typical 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 the interests of directors with those of shareholders.

Key Dates

Keywords

Walt Disney Co, Director, Stock Acquisition, Stock Incentive Plan, Share Ownership, Mark Parker, DIS