Form 4: Disney Executive Sonia L. Coleman Sells 4,400 Shares
SEC Form 4 Filing
Sonia L. Coleman, Sr. EVP and Chief HR Officer of Walt Disney Co, sold 4,400 shares of Disney common stock at $106 per share on May 9, 2024.
Summary
- On May 9, 2024, Sonia L. Coleman, a Senior EVP and Chief HR Officer at Walt Disney Co, sold 4,400 shares of Disney common stock.
- The sale price was $106 per share.
- Following the transaction, Coleman directly owns 0 shares of Disney common stock.
- Coleman also indirectly owns 856.76 shares through a 401(k) plan as of May 8, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a stock sale by an executive. It's neutral in sentiment as it simply reports a transaction.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects, although they can be driven by personal financial planning needs.
Stakeholder Impact
- The sale of shares by a high-ranking executive could be perceived negatively by some shareholders, although it may not necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Shares held in The Walt Disney Stock Fund as of this date. |
| 05/09/2024 | Date of the stock sale transaction. |
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