Disney (DIS) director Darroch gets stock grant and returns shares for taxes
Rhea-AI Filing Summary
Walt Disney Co director Jeremy Darroch reported routine equity compensation and related tax transactions. On March 31, 2026, he received a grant of 1,034.3 shares of Disney common stock at $96.96 per share under the company’s stock incentive plan.
To cover withholding tax obligations, 89.4 shares at $95.54 per share were automatically reduced from the issuance, and an additional 218 shares at $112.16 and 163 shares at $114.07 were returned to Disney, all described as non‑market dispositions for tax purposes. After these transactions, Darroch directly held 8,488.5 Disney shares, along with stock units and deferred stock units credited under the Amended and Restated 2011 Stock Incentive Plan.
Positive
- None.
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Insider Trade Summary
Net Buyer: 563.9 shares
Net Buy
4 txns
Insider
Darroch Jeremy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Disney Common Stock | 1,034.3 | $96.96 | $100K |
| Exercise Price or Tax Liability | Disney Common Stock | 89.4 | $95.54 | $9K |
| Disposition | Disney Common Stock | 218 | $112.16 | $24K |
| Disposition | Disney Common Stock | 163 | $114.07 | $19K |
Holdings After Transaction:
Disney Common Stock — 8,488.5 shares (Direct)
Footnotes (4)
- F1. Includes: (1) 330.3 stock units and/or shares of the Issuer's common stock issued under the Amended and Restated 2011 Stock Incentive Plan (the "Plan") credited in lieu of all or a portion of the reporting person's quarterly cash retainer fees for Board services pursuant to the reporting person's election, which shares shall be issued to the reporting person at such times and subject to such terms and conditions governing the election, and (2) 704.4 deferred stock units under the Plan credited as a quarterly grant under the Plan. The total also includes additional stock units credited to the reporting person in respect of dividends paid on shares of Issuer common stock and a deduction for cash paid in lieu of fractional shares when stock units are converted to shares. Stock units are issued to the reporting person in the form of shares of the Issuer's common stock issued under the Plan.
- F2. The 89.4 shares reported as a disposition represent an automatic reduction of shares issued to the reporting person to discharge withholding tax obligations of reporting person and do not constitute an actual sale or other open-market transaction.
- F3. The shares reported as a disposition represent a return of shares to the issuer to satisfy withholding tax obligations related to the issuance of shares to the reporting person on January 24, 2025, and do not constitute an actual sale or other open-market transaction.
- F4. The shares reported as a disposition represent a return of shares to the issuer to satisfy withholding tax obligations related to the issuance of shares to the reporting person on January 5, 2026, and do not constitute an actual sale or other open-market transaction.
Key Figures
Equity grant: 1,034.3 shares at $96.96
Tax withholding reduction: 89.4 shares at $95.54
Return of shares for taxes (1): 218 shares at $112.16
+4 more
7 metrics
Equity grant
1,034.3 shares at $96.96
Disney common stock award on March 31, 2026
Tax withholding reduction
89.4 shares at $95.54
Automatic reduction to cover tax obligations
Return of shares for taxes (1)
218 shares at $112.16
Returned to issuer for prior tax obligations
Return of shares for taxes (2)
163 shares at $114.07
Returned to issuer for January 5, 2026 issuance taxes
Post-transaction holdings
8,488.5 shares
Disney common stock held directly after transactions
Stock units under plan
330.3 stock units
Credited in lieu of cash retainer fees
Deferred stock units
704.4 units
Quarterly grant under 2011 Stock Incentive Plan
Key Terms
Amended and Restated 2011 Stock Incentive Plan, deferred stock units, withholding tax obligations, disposition to issuer, +1 more
5 terms
Amended and Restated 2011 Stock Incentive Plan financial
"issued under the Amended and Restated 2011 Stock Incentive Plan (the "Plan")"
deferred stock units financial
"704.4 deferred stock units under the Plan credited as a quarterly grant"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
withholding tax obligations financial
"to discharge withholding tax obligations of reporting person"
disposition to issuer financial
"The shares reported as a disposition represent a return of shares to the issuer"
quarterly cash retainer fees financial
"credited in lieu of all or a portion of the reporting person's quarterly cash retainer fees"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Disney (DIS) director Jeremy Darroch report in this Form 4 filing?
Jeremy Darroch reported a grant of Disney common stock and related tax dispositions. He received 1,034.3 shares, with several smaller share reductions and returns to Disney to satisfy withholding tax obligations tied to equity compensation awards.
Were any of Jeremy Darroch’s Disney (DIS) transactions open-market sales?
No. The filing describes all reported share reductions as automatic or returned shares to meet withholding tax obligations. Footnotes clarify these dispositions do not constitute actual sales or other open-market transactions in Disney common stock.
What are the tax-withholding dispositions reported by Jeremy Darroch in Disney (DIS) stock?
The filing shows 89.4 shares at $95.54 automatically reduced for tax withholding, plus 218 shares at $112.16 and 163 shares at $114.07 returned to Disney. Footnotes state these were solely to satisfy tax obligations, not open-market sales.