Sonia L. Coleman - 14 Dec 2024 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Sr. EVP and Chief HR Officer
Signature
/s/ Karen Young, as attorney-in-fact
Issuer symbol
DIS
Transactions as of
14 Dec 2024
Net transactions value
-$704,216
Form type
4
Filing time
17 Dec 2024, 19:35:41 UTC
Previous filing
12 Nov 2024
Next filing
17 Jan 2025
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 +1,346 1,346 14 Dec 2024 Direct F1, F2
transaction DIS Disney Common Stock Tax liability $77,951 -683 -51% $114.13 663 14 Dec 2024 Direct F3
transaction DIS Disney Common Stock Options Exercise +3,798 +573% 4,461 15 Dec 2024 Direct F2, F4
transaction DIS Disney Common Stock Tax liability $219,700 -1,925 -43% $114.13 2,536 15 Dec 2024 Direct F5
transaction DIS Disney Common Stock Options Exercise +1,101 +43% 3,637 15 Dec 2024 Direct F2, F6
transaction DIS Disney Common Stock Tax liability $63,799 -559 -15% $114.13 3,078 15 Dec 2024 Direct F7
transaction DIS Disney Common Stock Sale $342,766 -3,078 -100% $111.36 0 17 Dec 2024 Direct F8
holding DIS Disney Common Stock 876 14 Dec 2024 By 401(k) F9

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 -1,346 -100% $0.000000 0 14 Dec 2024 Disney Common Stock 1,346 Direct F1, F2
transaction DIS Restricted Stock Unit Options Exercise $0 -3,798 -33% $0.000000 7,596 15 Dec 2024 Disney Common Stock 3,798 Direct F2, F4
transaction DIS Restricted Stock Unit Options Exercise $0 -1,101 -33% $0.000000 2,203 15 Dec 2024 Disney Common Stock 1,101 Direct F2, F6
* 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 Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award is fully vested.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 683 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 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 3,798 stock units on each December 15 of 2025 and 2026.
F5 The 1,925 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 shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The remaining stock units vest as to 1,101 stock units on June 15, 2025, and as to 1,102 stock units on December 15, 2025.
F7 The 559 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 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 May 17, 2024.
F9 Shares held in The Walt Disney Stock Fund as of December 16, 2024. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.