Disney Files Proxy Materials

TL;DR

Disney dropped proxy docs, shareholders vote soon.

AI Summary

The Walt Disney Company filed a Definitive Additional Materials (DEFA14A) on March 18, 2024. This filing is related to proxy materials and does not require a fee. It is a public document filed with the SEC.

Why It Matters

This filing provides shareholders with important information regarding the company's upcoming shareholder meeting and voting matters.

Risk Assessment

Risk Level: low — This is a routine filing of proxy materials, not indicating any immediate financial risk or significant corporate event.

Key Players & Entities

• Walt Disney Co (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
• 830940635 (company) — IRS Number
• DE (company) — State of Incorporation
• 0928 (company) — Fiscal Year End
• 001-38842 (company) — SEC File Number
• 24759067 (company) — Film Number

FAQ

From the Filing

0000950157-24-000433.txt : 20240318 0000950157-24-000433.hdr.sgml : 20240318 20240318160808 ACCESSION NUMBER: 0000950157-24-000433 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 6 FILED AS OF DATE: 20240318 DATE AS OF CHANGE: 20240318 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: 24759067 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      On March 18, 2024, The Walt Disney Company ("Disney") updated its website www.VoteDisney.com , which contains information relating to Disney’s 2024 Annual Meeting of Shareholders. A copy of the updated website content (other than that previously filed) can be found below:    HOW TO VOTE OUR BOARD REASONS TO VOTE The Walt Disney Company EXPERT ANALYSIS NEWS & MEDIA CONTACTS Expert Analysis March 13, 2024 “Bob is a first-class executive and outstanding leader who I’ve known for decades. He knows the media and entertainment business cold and has the successful track record to prove it. It’s a complicated industry filled with creative talent, requiring the unique expertise and engagement skills that Bob possesses. Putting people on a Board unnecessarily can harm a company. I don’t know why shareholders would take that risk,   especially given the significant progress the company has made since Bob came back.” Jamie Dimon, CEO JPMorgan Chase Watch Video March 12, 2024 ‘If you are an activist investor and trying to demonstrate to the world that you are committed to this company, you shouldn’t be selling shares in the middle of the proxy contest.” Andrew Ross Sorkin CNBC Squawk Box PUCK March 12, 2024 “In fact, Peltz’s proxy fight for Disney has been a loser ever since he tried to pass off the 32.3 million Disney shares he speaks for (including the Ike Perlmutter tranche) as his own, when really Trian owns just 6.77 million Disney shares. Peltz also sold some 600,000 shares during the fourth quarter of 2023 for a nifty profit. What kind of alleged long-term-minded investor sells shares for a nice profit in the middle of a proxy fight?” William D. Cohan Puck News   HOW TO VOTE OUR BOARD REASONS TO VOTE The Walt Disney Company EXPERT ANALYSIS NEWS & MEDIA CONTACTS Company Ne