Disney CEO Bob Iger adopted a trading plan to exercise options granted 10 years ago, currently worth more than $40 million. According to Disney’s 10-K filing Thursday with the SEC, on Aug. 14, Iger adopted a trading plan that provides for the potential exercise of 372,

The potential sale comes after Iger and his wife, Willow Bay, agreed to acquire the Angel City Football Club in July. Bay and Iger were reported to acquire the controlling stake in Angel City Football Club at a value of $250 million and planned to invest an additional $50 million “to support the Club’s future growth.”

Disney CEO Bob Iger, previously a vocal Trump critic, has been quiet on the election, but the company still faces legal and political risks.

The comments come after many other media executives said they will be looking for new acquisitions and greater consolidation under the next administration.

CEO Bob Iger is set to retire in 2026, but the company has yet to announce who will succeed Iger. The CEO has been a big part of the company's recent turnaround, with the company's CFO Hugh Johnston telling Yahoo Finance,

Bob Iger adopted a plan to sell as many as 372,412 shares by Dec. 17. The stock options covered in the plan expire on Dec. 18.

The realm of Arendelle is gearing up for even more frosty adventures as Walt Disney Company CEO Bob Iger dropped a surprise announcement: Frozen 4 is in development, joining the highly anticipated Frozen 3 in the pipeline.