Overview
- Bob Iger adopted a trading plan on August 14, 2024, to exercise 372,412 stock options granted to him in 2014.
- The stock options, if exercised at current market prices, could be worth up to $41 million.
- The plan is part of SEC Rule 10b5-1, designed to prevent insider trading by setting up pre-planned trades.
- Disney's stock rose over 9% following a strong earnings report for the fourth quarter of 2024.
- Iger's current contract as Disney CEO runs through the end of 2026, with a successor expected to be announced in early 2026.