Summary by Futu AI
Robert A. Iger, an officer at Disney, plans to sell 372,412 common shares on 11/22/2024. The transaction is valued at approximately $42.67 million. The shares were acquired through the exercise of non-qualified stock options on the same date.The acquisition was made from The Walt Disney Company as a compensatory payment. This transaction marks a significant move by a key executive, potentially impacting investor sentiment.No securities have been sold by Iger in the past 3 months, indicating this is a new transaction. The plan for this sale was adopted on 08/14/2024, aligning with strategic financial planning by the executive.