Brent Woodford - Dec 14, 2023 Form 4 Insider Report for Walt Disney Co (DIS)

Role
EVP, Control, Fin Plan & Tax
Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Dec 14, 2023
Transactions value $
-$45,600
Form type
4
Date filed
12/15/2023, 06:44 PM
Previous filing
Jul 19, 2023
Next filing
Dec 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +1.31K +4.29% 31.8K Dec 14, 2023 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$45.6K -485 -1.52% $94.02 31.4K Dec 14, 2023 Direct F3
holding DIS Disney Common Stock 100 Dec 14, 2023 By Spouse in IRA
holding DIS Disney Common Stock 285 Dec 14, 2023 By 401(k) F4

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 -1.31K -33.34% $0.00 2.62K Dec 14, 2023 Disney Common Stock 1.31K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The remaining stock units vest as to 1,309 stock units on June 14, 2024, and as to 1,310 stock units on December 14, 2024.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 485 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 Shares held in The Walt Disney Stock Fund as of December 14, 2023. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.