Horacio E. Gutierrez - 14 Dec 2023 Form 4 Insider Report for Walt Disney Co (DIS)

Reporting relationship: Sr EVP and General Counsel
Issuer ticker: DIS
Reported as of: 14 Dec 2023
Net transaction value: -$293,436
SEC form: 4
Accepted by SEC: 15 Dec 2023, 18:45:05 UTC
Prior SEC filing: 16 Dec 2022
Next SEC filing: 19 Dec 2023
Source filing: View source filing
Reporting owner signature: /s/ Jolene E. Negre, as attorney-in-fact

Key filing fact

Horacio E. Gutierrez filed Form 4 for Walt Disney Co (DIS) on 15 Dec 2023.

Key facts

This page summarizes Horacio E. Gutierrez's Form 4 filing for Walt Disney Co (DIS).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 15 Dec 2023, 18:45.

Change

Previous filing in this sequence was filed on 16 Dec 2022.
Current net transaction value: -$293,436.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DIS transaction

Disney Common Stock

Options Exercise

Transaction value
Shares: +6,294
Change %: +198%
Price
Shares after: 9,479
Date: 14 Dec 2023
Ownership: Direct
Footnotes: F1, F2

DIS transaction

Disney Common Stock

Tax liability

Transaction value: $293,436
Shares: -3,121
Change %: -33%
Price: $94.02
Shares after: 6,358
Date: 14 Dec 2023
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DIS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -6,294
Change %: -50%
Price: $0.000000
Shares after: 6,295
Date: 14 Dec 2023
Ownership: Direct
Underlying class: Disney Common Stock
Underlying amount: 6,294
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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 6,295 stock units on December 14, 2024.

Footnote F2

Restricted stock units convert into common stock at 1-for-1.

Footnote F3

The 3,121 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.