Form 4: Disney Executive Brent Woodford Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Brent Woodford of Walt Disney Co. reported the vesting of restricted stock units and a related tax withholding transaction.
Summary
- Brent Woodford, an Executive Vice President at Walt Disney Co., reported transactions involving Disney common stock.
- On January 17, 2025, 1,147 restricted stock units vested, converting into 1,147 shares of common stock.
- Additionally, 253 shares were automatically disposed of to cover tax obligations related to the vesting.
- Following these transactions, Woodford directly owns 47,831 shares of Disney common stock.
- Woodford also indirectly owns 100 shares through a spouse's IRA and 288.395 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative for the company's performance.
Future Outlook
The document outlines future vesting dates for remaining restricted stock units on July 17, 2025, January 17, 2026, and July 17, 2026.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.
Comparison to Industry Standards
- Executive stock transactions are a standard part of compensation packages in publicly traded companies like Disney.
- The vesting schedule and tax withholding practices are typical for restricted stock unit grants.
- Companies like Netflix, Comcast, and Paramount also have similar reporting requirements for their executives' stock transactions.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they represent a small portion of the total outstanding shares.
- The vesting of stock units is part of the executive compensation plan, which is of interest to shareholders.
Next Steps
- The remaining stock units will vest on July 17, 2025, January 17, 2026, and July 17, 2026.
Key Dates
| Date | Description |
|---|---|
| 01/17/2025 | Date of stock unit vesting and tax withholding transaction. |
| 01/20/2025 | Date of shares held in The Walt Disney Stock Fund. |
| 01/21/2025 | Date of filing of the SEC Form 4. |
| 07/17/2025 | Date of next vesting of 1,147 stock units. |
| 01/17/2026 | Date of next vesting of 1,147 stock units. |
| 07/17/2026 | Date of next vesting of 1,148 stock units. |
Keywords
stock transactions, restricted stock units, insider trading, executive compensation, SEC Form 4, Walt Disney Co, DIS
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.