Disney President Dana Walden Files Initial Ownership Report (Form 3)
Walt Disney Co
Subscribe to track DIS
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Disney President Dana Walden Files Initial Ownership Report (Form 3)
Company: Walt Disney Co (DIS) Form: 3 (Initial Statement) | Filed: 2026-03-20 Significance: Low (Administrative Filing)
Insider: Dana Walden Title: President & Chief Creative Ofcr | Relationship: Officer
Holdings Disclosed: • Common Stock (Direct): 39,760 shares • Common Stock (Indirect/Trust): 32,266 shares • Total Common Holdings: 72,026 shares • Derivative Holdings: Significant portfolio of Stock Options and RSUs disclosed (vesting through 2028)
Key Insight: This is an initial statement of beneficial ownership, likely triggered by a specific reporting event or confirmation of status. It establishes the baseline holdings for the President & Chief Creative Officer but does not represent a new open market purchase or sale.
Market Context: Disney has a market cap of $175.89B. These personal holdings, while substantial in dollar value (~$7.1M est.), represent ~0.004% of shares outstanding.
Comprehensive Analysis
SEC Filing Analysis: Walt Disney Co (DIS)
Executive Summary
- Trading Significance: Low
- Key Takeaway: President & Chief Creative Officer Dana Walden establishes baseline reporting status with substantial equity alignment via options and common stock.
- Market Impact: Neutral; this is a disclosure of existing holdings (Form 3), not a new transactional signal.
Company Information
| Field | Value |
|---|---|
| Company | Walt Disney Co |
| Ticker Symbol | DIS |
| CIK | 0001744489 |
| Market Cap | $175.89 Billion |
| Shares Outstanding | 1,771,520,000 |
Insider Information
| Field | Value |
|---|---|
| Name | Dana Walden |
| CIK | 0001742733 |
| Title/Position | President & Chief Creative Ofcr |
| Relationship | Officer |
Transaction Details (Form 3 Snapshot)
| Field | Value |
|---|---|
| Form Type | 3 (Initial Statement of Beneficial Ownership) |
| Filing Date | 2026-03-20 |
| Event Date | 2026-03-18 |
| Common Shares Owned (Direct) | 39,760 |
| Common Shares Owned (Indirect) | 32,266 (By Trust) |
| Total Common Shares | 72,026 |
| Derivative Holdings | Extensive list of Stock Options (various strikes) and RSUs |
Financial Impact Assessment
Ownership Context
- Estimated Common Value: ~$7.15 Million (based on approx. share price derived from market cap/shares).
- % of Shares Outstanding: ~0.004% (72,026 / 1,771,520,000).
- Materiality: While the dollar value is high for an individual, it is immaterial relative to Disney's $175.89B market capitalization.
Equity Incentives & Dilution
The filing discloses a significant number of derivative securities, including:
- Stock Options: Over 220,000 options with exercise prices ranging from ~$91 to ~$198.
- RSUs: Approximately 24,500 Restricted Stock Units vesting through 2028.
- Dilution Impact: Negligible. The total potential share issuance from these derivatives represents <0.02% of the total float.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: Form 3 filings are administrative requirements to disclose initial ownership when becoming a reporting person. They do not indicate immediate buying or selling pressure.
Volume & Sentiment
- Expected Volume Impact: None.
- Sentiment Indicator: Neutral. The filing confirms that key leadership has "skin in the game" via equity and performance-based options, aligning interests with shareholders.
Additional Context
Transaction Notes
- Vesting Schedules: The footnotes detail complex vesting schedules for options and RSUs, indicating long-term retention incentives extending into 2028.
- Indirect Ownership: A portion of the common stock (32,266 shares) is held by a Trust, a common estate planning structure for executives.
Note: This analysis focuses on the disclosure of ownership. No open market transaction occurred.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.