Form 4: Walt Disney Co: Sr. EVP and Chief Comm Officer Kristina K Schake Reports Stock Transactions
SEC Form 4 Filing
Kristina K Schake, Sr. EVP and Chief Communications Officer at Walt Disney Co, reports the vesting of restricted stock units and subsequent tax obligation fulfillment.
Summary
- On September 28, 2024, Kristina K Schake, Sr. EVP and Chief Communications Officer of Walt Disney Co, reported transactions involving Disney Common Stock.
- 45 restricted stock units vested, converting into 45 shares of common stock.
- 17 shares were disposed of to cover withholding tax obligations, with a price of $96.09 per share.
- Following these transactions, Schake directly owns 9,233 shares of Disney Common Stock.
- Schake also directly owns 45 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The remaining 45 stock units vest on September 28, 2025.
Industry Context
This is a routine disclosure of stock transactions by a company executive, as required by SEC regulations. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they represent a small portion of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 09/28/2024 | Date of stock transactions: vesting of restricted stock units and tax obligation fulfillment. |
| 09/28/2025 | Date when the remaining 45 stock units vest. |
| 09/30/2024 | Date of signature on the report. |
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