Disney Files Proxy Materials

TL;DR

Disney filed proxy docs, no fee. Shareholders vote soon.

AI Summary

The Walt Disney Company filed a Definitive Additional Materials (DEFA14A) on March 29, 2024. This filing is related to proxy materials and does not require a fee. The company's principal executive offices are located at 500 South Buena Vista Street, Burbank, CA 91521.

Why It Matters

This filing indicates that Disney is providing additional materials to shareholders related to upcoming proxy votes, which are crucial for corporate governance and shareholder decisions.

Risk Assessment

Risk Level: low — This filing is a routine proxy statement update and does not contain information that suggests immediate financial risk.

Key Players & Entities

• The Walt Disney Company (company) — Registrant
• 500 South Buena Vista Street, Burbank, CA 91521 (location) — Company Address

FAQ

From the Filing

0000950157-24-000557.txt : 20240329 0000950157-24-000557.hdr.sgml : 20240329 20240329135802 ACCESSION NUMBER: 0000950157-24-000557 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240329 DATE AS OF CHANGE: 20240329 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: 24803532 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 29, 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 NEW YORK CITY COMPTROLLER BRAD LANDER March 28, 2024 “What remains clear is that boards are most effective when members bring valuable perspectives and relevant experience and are focused on the long-term health of the company. Nelson Peltz’s troubling performance on other company boards raise concerns about the value he would bring to the table, and we do not believe this would be beneficial to preserving shareholder value. The New York City Retirement Systems intend to vote in favor of the candidates nominated by management.” Brad Lander NYC Comptroller HRP HUBER RESEARCH PARTNERS March 22, 2024 “Re the Trian Proxy effort, many of the critiques are backward looking. Asking for more definitive metrics/return parameters re new efforts such as the EPIC Games investment is not really appropriate/smart for a public company. All streamers want Netflix’s margins but that took Netflix 12 years to arrive at. Disney’s effort is pretty nascent. Re “re-igniting the creative effort” – that’s great and huge focus of the current management team.” Doug Arthur Huber Research March 22, 2024 “Bringing in someone who doesn’t have experience in the company or the industry to disrupt Bob and his eventual successor is playing not only with fire but earthquakes and hurricanes as well. The company is now in excellent hands and Disney shareholders should vote for the Disney slate.” Michael Eisner Forme