Form 4: Disney Director Mary T. Barra Acquires Shares Through Stock Incentive Plan

Disney director Mary T. Barra acquired 815.6 shares of common stock through the company's stock incentive plan, increasing her total holdings.

Summary

• Mary T. Barra, 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.
• 279.3 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. Barra directly owns 21,779.6 shares of Disney common stock.
• She also indirectly owns 157 shares through her spouse's trust and 72 shares through another trust.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively. The acquisition of shares by a director can be seen as a positive sign of confidence in the company.

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 director interests with those of shareholders.
• The quarterly grant is part of the company's established compensation policy.

Industry Context

This is a routine filing related to director compensation and stock ownership, which is common practice in publicly traded companies. It reflects standard corporate governance procedures.

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 to align director interests with shareholders is a standard corporate governance practice.
• The specific details of the plan, such as the deferral provisions and quarterly grants, are specific to Disney's compensation policy, but the overall structure is consistent with industry norms.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with those of shareholders.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Walt Disney Co, Director, Stock Acquisition, Stock Incentive Plan, Form 4, Mary T. Barra, Share Ownership, Corporate Governance