Summary by Moomoo AI
Brent Woodford, EVP of Control, Financial Planning & Tax at Disney, executed multiple stock transactions on December 14-15, 2024. Woodford acquired a total of 4,662 shares of Disney Common Stock through the exercise of derivative securities, while simultaneously disposing of 1,780 shares at $114.13 each for tax liability purposes.The transactions resulted in a net increase of 2,882 directly held shares. After these transactions, Woodford's direct ownership stands at 46,937 shares. Additionally, he indirectly owns 387.059 shares through his spouse's IRA (100 shares) and a 401(k) plan (287.059 shares).These transactions, completed over two days, reflect a common practice among executives for managing stock-based compensation and associated tax obligations. The disposal of shares at $114.13 each generated a total market value of $203,151.40.