Sonia L. Coleman - Jan 2, 2024 Form 4 Insider Report for Walt Disney Co (DIS)

Signature
/s/ Jolene E. Negre, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Jan 2, 2024
Transactions value $
-$80,919
Form type
4
Date filed
1/2/2024, 09:49 PM
Previous filing
Dec 19, 2023
Next filing
Jan 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Sale -$80.9K -898 -32.55% $90.11 1.86K Jan 2, 2024 Direct F1
holding DIS Disney Common Stock 776 Jan 2, 2024 By 401(k) F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported on this Form 4 was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) previously adopted by the reporting person on March 14, 2023.
F2 Shares held in The Walt Disney Stock Fund as of January 1, 2024. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.