Form 4: Walt Disney Co Director Francis A. deSouza Reports Acquisition of 803.3 Shares

Director Francis A. deSouza reports acquiring 803.3 shares of Walt Disney Co stock on March 31, 2024, at a price of $116.95 per share.

Summary

• On March 31, 2024, Francis A. deSouza, a director of Walt Disney Co, acquired 803.3 shares of Disney Common Stock.
• The shares were acquired at a price of $116.95 per share.
• Following the transaction, deSouza directly owns 16,661.8 shares of Disney Common Stock.
• The acquisition includes stock units credited under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan, including elective deferrals, quarterly grants, and dividend reinvestments.

Sentiment

Score: 5

Explanation: The document itself is neutral, simply reporting a transaction. The director's purchase could be seen as mildly positive, but it's not a strong indicator.

Positives

• The director's acquisition of shares could be interpreted as a positive signal, indicating confidence in the company's future performance.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's prospects, although they are not always indicative of future performance. This transaction is a routine disclosure of a director's stock acquisition.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment.

Key Dates