Brent Woodford - 19 Dec 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
Issuer symbol: DIS
Transactions as of: 19 Dec 2023
Net transactions value: -$15,581
Form type: 4
Filing time: 20 Dec 2023, 19:47:34 UTC
Previous filing: 19 Dec 2023
Next filing: 12 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DIS	Disney Common Stock	Options Exercise		+167	+0.5%		33,753	19 Dec 2023	Direct	F1, F2
transaction	DIS	Disney Common Stock	Tax liability	$15,581	-167	-0.49%	$93.30	33,586	19 Dec 2023	Direct	F3
holding	DIS	Disney Common Stock						100	19 Dec 2023	By Spouse in IRA
holding	DIS	Disney Common Stock						285	19 Dec 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	-167	-3.7%	$0.000000	4,291	19 Dec 2023	Disney Common Stock	167		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Vesting is limited to shares necessary to cover withholding obligations related to future vestings. The remaining stock units vest as to 1,074 stock units on June 15, 2024; as to 1,072 stock units on December 15, 2024, and on June 15, 2025; and as to 1,073 stock units on December 15, 2025.
F2	Restricted stock units convert into common stock at 1-for-1.
F3	The 167 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 19, 2023. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.