Form 4: Walt Disney Co Director, Mark G Parker, Acquires Shares

Director Mark G Parker acquired 1,305.4 shares of Walt Disney Co stock at $101.51 on June 30, 2024, bringing his total holdings to 26,930.1 shares.

Summary

• On June 30, 2024, Mark G Parker, a director of Walt Disney Co, acquired 1,305.4 shares of Disney common stock.
• The shares were purchased at a price of $101.51 per share.
• Following the transaction, Parker's total beneficial ownership of Disney common stock is 26,930.1 shares.
• The acquisition includes stock units credited under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan, with 535.7 units from elective deferral provisions and 769.7 units from a quarterly grant.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a director's stock purchase, which is neither overwhelmingly positive nor negative.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and future expectations. Director's purchases are often viewed more favorably than sales.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.

Key Dates