Sonia L. Coleman - 15 Jan 2026 Form 4 Insider Report for Walt Disney Co (DIS)

Role: Sr. EVP & Chief People Officer
Signature: /s/ Carla J. Silva, as attorney-in-fact
Issuer symbol: DIS
Transactions as of: 15 Jan 2026
Net transactions value: -$179,800
Form type: 4
Filing time: 20 Jan 2026, 17:32:13 UTC
Previous filing: 29 Dec 2025
Next filing: 23 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Coleman Sonia L	Sr. EVP & Chief People Officer	500 SOUTH BUENA VISTA STREET, BURBANK	/s/ Carla J. Silva, as attorney-in-fact	20 Jan 2026	0001969984

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DIS	Disney Common Stock	Tax liability	$453	-4	-67%	$113.14	2	15 Jan 2026	Direct	F1, F2
transaction	DIS	Disney Common Stock	Options Exercise		+2,880	+144000%		2,882	15 Jan 2026	Direct	F3, F4
transaction	DIS	Disney Common Stock	Tax liability	$124,567	-1,101	-38%	$113.14	1,781	15 Jan 2026	Direct	F5
transaction	DIS	Disney Common Stock	Options Exercise		+1,181	+66%		2,962	17 Jan 2026	Direct	F4, F6
transaction	DIS	Disney Common Stock	Tax liability	$54,780	-487	-16%	$112.48	2,475	17 Jan 2026	Direct	F7
holding	DIS	Disney Common Stock						1,021	15 Jan 2026	By 401(k)	F8

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	-2,880	-33%	$0.000000	5,818	15 Jan 2026	Disney Common Stock	2,880		Direct	F3, F4
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-1,181	-50%	$0.000000	1,181	17 Jan 2026	Disney Common Stock	1,181		Direct	F4, F6

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

Explanation of Responses:

Id	Content
F1	The 4 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.
F2	Total includes dividend equivalents distributed with respect to previously vested restricted stock units.
F3	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 2,909 stock units on each of January 15, 2027 and 2028. Includes dividend equivalents accrued on the award.
F4	Restricted stock units convert into common stock at 1-for-1.
F5	The 1,101 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	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 1,181 stock units on July 17, 2026. Includes dividend equivalents accrued on the award.
F7	The 487 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.
F8	Shares held in The Walt Disney Stock Fund as of January 16, 2026. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.