Amy Chang (DIS) receives Disney stock award and reports 16,755.6 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Walt Disney Co director Amy Chang reported updated holdings of Disney Common Stock, including a new stock award. She received an acquisition of 954.8 shares as a grant or other award at a reference price of $100.80 per share, increasing her direct ownership to 16,755.6 shares.
The filing also shows 120 shares held indirectly by a trust. According to the footnote, her reported position includes 310.0 stock units or shares credited in lieu of quarterly cash retainer fees and 644.8 deferred stock units granted quarterly under Disney’s Amended and Restated 2011 Stock Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chang Amy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Disney Common Stock | 954.8 | $100.80 | $96K |
| holding | Disney Common Stock | -- | -- | -- |
Holdings After Transaction:
Disney Common Stock — 16,755.6 shares (Direct, null);
Disney Common Stock — 120 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Stock award: 954.8 shares Disney Common Stock
Reference price: $100.80/share
Direct holdings after award: 16,755.6 shares
+3 more
6 metrics
Stock award
954.8 shares Disney Common Stock
Grant or award acquisition
Reference price
$100.80/share
Price associated with 954.8-share award
Direct holdings after award
16,755.6 shares
Direct Disney Common Stock position
Indirect holdings by trust
120 shares
Held "By Trust"
Stock units from fee election
310.0 stock units or shares
Quarterly cash retainer fees elected as stock
Deferred stock units
644.8 deferred stock units
Quarterly grant under 2011 Stock Incentive Plan
Key Terms
Amended and Restated 2011 Stock Incentive Plan, deferred stock units, quarterly cash retainer fees, indirect ownership
4 terms
Amended and Restated 2011 Stock Incentive Plan financial
"issued under the Amended and Restated 2011 Stock Incentive Plan (the "Plan") credited in lieu"
deferred stock units financial
"and (2) 644.8 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.
quarterly cash retainer fees financial
"credited in lieu of all or a portion of the reporting person's quarterly cash retainer fees for Board services"
indirect ownership financial
"total_shares_following_transaction": "120.0000" ... "direct_or_indirect": "I", "nature_of_ownership": "By Trust""
FAQ
What did Disney (DIS) director Amy Chang report in this Form 4?
Amy Chang reported an updated ownership position in Walt Disney common stock. The filing shows a grant or award of 954.8 shares and total direct holdings of 16,755.6 shares, plus 120 shares held indirectly through a trust structure.
What does the $100.80 price mean in Amy Chang’s Disney (DIS) stock award?
The filing lists a transaction price of $100.80 per share for the 954.8-share award. This figure serves as the reference price for the grant, rather than indicating an open-market purchase price paid by the director.
How are Disney (DIS) board fees and deferred stock units reflected for Amy Chang?
Her holdings include 310.0 stock units or shares credited instead of part of her quarterly cash retainer fees, plus 644.8 deferred stock units granted quarterly. Both are issued under Disney’s Amended and Restated 2011 Stock Incentive Plan.
What is the role of the trust in Amy Chang’s Disney (DIS) holdings?
The Form 4 reports 120 Disney shares held indirectly "By Trust." This indicates a portion of her beneficial ownership is held through a trust entity, separate from the 16,755.6 shares she holds directly in her own name.