secwatch.observer — SEC 8-K summary
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Issuer:     Walt Disney Co (DIS)
CIK:        0001744489
Form:       8-K
Filed at:   2023-12-22T23:59:59+00:00
Accession:  0001744489-23-000274
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Disney extends GC Gutierrez's contract to 2026; salary $1.5M, equity target 600% of salary
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- Term extended to December 31, 2026; title changed to Senior EVP, Chief Legal and Compliance Officer.
- Annual base salary raised to $1,500,000 effective January 1, 2024.
- Target long-term equity incentive annual award value increased to 600% of base salary, starting FY2024.
- Gutierrez will continue to report solely and directly to the CEO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1744489/000174448923000274/0001744489-23-000274-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1744489/000174448923000274/dis-20231221.htm
  HTML page:      https://secwatch.observer/filing/0001744489-23-000274

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