Disney Files Additional Proxy Materials

TL;DR

Disney dropped more proxy docs, no fee, shareholders get more info.

AI Summary

The Walt Disney Company filed a Definitive Additional Materials (DEFA14A) proxy statement on March 12, 2024. This filing is related to the company's proxy materials and does not require a filing fee. It is a public document that provides additional information beyond the preliminary proxy statement.

Why It Matters

This filing indicates that Disney is providing supplementary information to shareholders regarding matters to be voted on at an upcoming meeting, ensuring transparency in corporate governance.

Risk Assessment

Risk Level: low — This is a routine filing of additional proxy materials, not indicating any immediate financial or operational risks.

Key Numbers

• 0000950157-24-000371 — Accession Number (Unique identifier for the SEC filing)
• 20240312 — Filing Date (Date the document was submitted to the SEC)

Key Players & Entities

• The Walt Disney Company (company) — Registrant
• 500 SOUTH BUENA VISTA STREET (company) — Business Address
• BURBANK (company) — Business Address City
• CA (company) — Business Address State
• 91521 (company) — Business Address Zip
• TWDC Holdco 613 Corp. (company) — Former Company Name

FAQ

From the Filing

0000950157-24-000371.txt : 20240312 0000950157-24-000371.hdr.sgml : 20240312 20240312091059 ACCESSION NUMBER: 0000950157-24-000371 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20240312 DATE AS OF CHANGE: 20240312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Walt Disney Co CENTRAL INDEX KEY: 0001744489 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 830940635 STATE OF INCORPORATION: DE FISCAL YEAR END: 0928 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38842 FILM NUMBER: 24740412 BUSINESS ADDRESS: STREET 1: 500 SOUTH BUENA VISTA STREET CITY: BURBANK STATE: CA ZIP: 91521 BUSINESS PHONE: (818) 560-1000 MAIL ADDRESS: STREET 1: 500 SOUTH BUENA VISTA STREET CITY: BURBANK STATE: CA ZIP: 91521 FORMER COMPANY: FORMER CONFORMED NAME: TWDC Holdco 613 Corp. DATE OF NAME CHANGE: 20180702 FORMER COMPANY: FORMER CONFORMED NAME: TWDC Holdco 613 Corp DATE OF NAME CHANGE: 20180622 DEFA14A 1 defa14a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934     Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box:   ☐ Preliminary Proxy Statement   ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))     ☐ Definitive Proxy Statement   ☒ Definitive Additional Materials   ☐ Soliciting Material under §240.14a-12  The Walt Disney Company (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply):   ☒ No fee required   ☐ Fee paid previously with preliminary materials   ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11  The Walt Disney Company will begin distribution of the following letter to shareholders: The Walt Disney Company For information, visit VoteDisney.com Disney Has the Right Plan and the Right Team to Deliver Shareholder Value, Industry Experts Agree Protect the Value of Your Disney Investment Disney’s business and financial results, its Board and its management team are incredibly strong. We don’t need any unqualified additions to the boardroom. But don’t just take our word for it, see what the experts have to say. Vote the WHITE Proxy Card Today FOR Only Disney’s 12 Highly Qualified Nominees We Have the Right Board and Management Team “Trust is the foundation of a well-functioning board. Trust is extremely precious, and I have concerns that this slate [Trian is] running will damage it… In my opinion, Bob Iger is the best CEO for this mission, which is to lead this industry beyond the streaming wars and reimagine how streaming services work, because of his long track record of dealmaking and because of his stature in the industry.” Mason Morfit, CEO, ValueAct March 6, 2024 “From Mickey and Minnie, to Snow White and Mary Poppins, Disney is not a company that makes widgets – it makes magic…Bob Iger, his management team, and the Board of Directors are faithful to this magic. They understand that the longevity of The Walt Disney Company isn’t only the result of smart business decisions; it is rooted in the strong emotional connection Disney continues to forge with generations of people from around the globe.” Roy P. Disney, Susan Disney Lord, Abigail E. Disney, Tim Disney, An Open Letter to Shareholders of The Walt Disney Company February 29, 2024 “Bob Iger has grown this company in a modern world, and he continues to maintain a balance of creativity and profit. It is still a company based on the desire to entertain and explore. There hav