Disney CEO Bob Iger isn't having the best time being the captain of a sinking ship. It's pretty clear that turning the once shining beacon of American ingenuity and entertainment into a cesspool of radical leftism and uninspired dreck has taken a toll on him. 

Moreover, the man is now in a fight against Nelson Peltz and Trian Partners for what would amount to control of the company and it's not looking good. Especially since Peltz has the backing of people like former Marvel CEO Ike Pearlmutter and Elon Musk. 

(READ: The Siege on Disney Intensifies As Elon Musk and Nelson Peltz Seem to Be Teaming Up)

Indications that trouble is on the horizon come in many forms but it would appear that Iger's faith in Disney isn't too hot either as he's dumped 80 percent of his stock.

According to Insidethemagic.net, Iger's been shedding Disney stock rapidly over the last year: 

Bob Iger is one of the single largest individual shareholders of the Walt Disney Company, along with former CFO Christine M. McCarthy, Disney general counsel Alan N. Braverman, and the aforementioned Ike Perlmutter. However, records show that, over the course of the last 12 months, Iger has sold off some 80% of his stock (per 247WallSt).

Although these are not officially verified numbers, as of a year ago, it was reported that the Disney CEO owned approximately 1,030,000 shares of Disney stock; currently, he owns some 204,899. That is a pretty massive sell-off, and while Iger is not obligated to explain what he is doing with his own assets, it raises some eyebrows.

While Iger has his allies, it's unclear if they'll have the means to convince stockholders to vote his way, especially given his abysmal handling of Disney and its constantly falling stock. 

Meanwhile, Peltz's Trian Partners has a reputation for going into failing companies and turning them around. With Disney's name completely tarnished and its fall going unarrested, the case for new leadership could easily be made. No one is making this case better than Jay Rasulo, former Disney CFO, who has taken aim at Iger and is one of the people Trian wants to put on Disney's board. 

The campaign launched by Rasulo and Trian is called "Restore the Magic" where Rasulo himself made it clear that the aim is for Disney to return to its creative and innovative roots. 

Jay Rasulo, former $DIS CFO, thinks something’s “broken” in Disney’s famed ability to transform stories into hit films, attractions, and products. Vote FOR Jay Rasulo and Nelson Peltz; WITHHOLD on Maria Elena Lagomasino, Michael B.G. Froman, and all three Blackwells Nominees.

— Restore The Magic (@RestoringMagic) February 21, 2024

Peltz also brought up the fact that despite Disney execs fighting to keep Disney under their control, they own little to no stock in the company, giving themselves no incentive to perform well and still getting massive compensation packages. 

"We love Disney. We think it's part of Americana," said Peltz. 

Trian’s Nelson Peltz wants $DIS stock to go up for the right reasons. “We love Disney,” he says. “We think it’s part of Americana.” Vote FOR Nelson and Jay Rasulo for $DIS’ board; WITHHOLD on Maria Elena Lagomasino, Michael B.G. Froman, and all three Blackwells Nominees.

— Restore The Magic (@RestoringMagic) February 28, 2024

Peltz's point can't be overlooked and Iger selling off his own stocks raises more questions. 

From where I'm sitting, it seems Iger and his ilk know they're on the losing side of this fight, and soon control of Disney is going to change hands.