Brent Woodford - 15 Dec 2025 Form 4 Insider Report for Walt Disney Co (DIS)

Role: EVP, Control, Fin Plan & Tax
Signature: /s/ Carla J. Silva, as attorney-in-fact
Issuer symbol: DIS
Transactions as of: 15 Dec 2025
Net transactions value: -$134,041
Form type: 4
Filing time: 17 Dec 2025, 16:25:44 UTC
Previous filing: 24 Sep 2025
Next filing: 19 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
WOODFORD BRENT	EVP, Control, Fin Plan & Tax	500 SOUTH BUENA VISTA STREET, BURBANK	/s/ Carla J. Silva, as attorney-in-fact	17 Dec 2025	0001211698

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DIS	Disney Common Stock	Options Exercise		+1,092	+2.1%		53,620	15 Dec 2025	Direct	F1, F2
transaction	DIS	Disney Common Stock	Tax liability	$44,680	-406	-0.76%	$110.05	53,214	15 Dec 2025	Direct	F3
transaction	DIS	Disney Common Stock	Options Exercise		+2,193	+4.1%		55,407	15 Dec 2025	Direct	F2, F4
transaction	DIS	Disney Common Stock	Tax liability	$89,361	-812	-1.5%	$110.05	54,595	15 Dec 2025	Direct	F5
holding	DIS	Disney Common Stock						100	15 Dec 2025	By Spouse in IRA
holding	DIS	Disney Common Stock						290	15 Dec 2025	By 401(k)	F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-1,092	-100%	$0.000000	0	15 Dec 2025	Disney Common Stock	1,092		Direct	F1, F2
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-2,193	-33%	$0.000000	4,388	15 Dec 2025	Disney Common Stock	2,193		Direct	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award is fully vested. Includes dividend equivalents accrued on the award.
F2	Restricted stock units convert into common stock at 1-for-1.
F3	The 406 shares reported as a disposition represent an automatic reduction of shares issued to the reporting person to discharge withholding tax obligations of reporting person and do not constitute an actual sale or other open-market transaction.
F4	Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The remaining stock units vest as to 2,194 stock units on each of June 15, 2026, and December 15, 2026. Includes dividend equivalents accrued on the award.
F5	The 812 shares reported as a disposition represent an automatic reduction of shares issued to the reporting person to discharge withholding tax obligations of reporting person and do not constitute an actual sale or other open-market transaction.
F6	Shares held in The Walt Disney Stock Fund as of December 15, 2025. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.