Form 4: Walt Disney Co: Executive Sonia L. Coleman Reports Stock Transactions
SEC Form 4 Filing
Sonia L. Coleman, a Senior EVP and Chief HR Officer at Walt Disney Co, reported the vesting of shares and a reduction for tax obligations on March 8, 2024.
Summary
- On March 8, 2024, Sonia L. Coleman, a Senior EVP and Chief HR Officer at Walt Disney Co, reported transactions involving Disney Common Stock.
- 5,777 shares vested under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan.
- 2,062 shares were disposed of to cover withholding tax obligations, not representing an open-market sale.
- Coleman directly owns 6,257 shares of Disney Common Stock after the reported transactions.
- She also indirectly owns 831.927 shares through a 401(k) plan as of March 8, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of earliest transaction: Vesting of shares and tax obligation fulfillment. |
| 03/12/2024 | Date of signature on the report. |
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