Great Wall Hui November 15th | Disney's stock price surged more than 11% in midday trading on Thursday and ultimately closed up over 6% due to the news of achieving streaming business profitability for two consecutive quarters. According to Variety, Disney CEO Bob Iger plans to sell stocks. The report stated that Bob Iger adopted the 10b5-1 rule plan on August 14th to sell up to 372,412 shares of stocks after acquiring them with predetermined stock options. Calculated at Disney's recent trading price of $110.11, the total amount of stocks Bob Iger plans to sell amounts to $41 million. Disney disclosed Bob Iger's stock sale plan in regulatory filings for the fiscal year ending September 28. The stock options of this plan will expire on December 18 this year.