Horacio E. Gutierrez - 14 Dec 2024 Form 4 Insider Report for Walt Disney Co (DIS)

Role
Sr EVP and Chief Legal Officer
Signature
/s/ Karen Young, as attorney-in-fact
Issuer symbol
DIS
Transactions as of
14 Dec 2024
Net transactions value
-$2,712,071
Form type
4
Filing time
17 Dec 2024, 19:36:37 UTC
Previous filing
03 Dec 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 +25,981 +276% 35,388 14 Dec 2024 Direct F1, F2
transaction DIS Disney Common Stock Tax liability $1,502,864 -13,168 -37% $114.13 22,220 14 Dec 2024 Direct F3
transaction DIS Disney Common Stock Options Exercise +6,368 +29% 28,588 14 Dec 2024 Direct F2, F4
transaction DIS Disney Common Stock Tax liability $368,412 -3,228 -11% $114.13 25,360 14 Dec 2024 Direct F5
transaction DIS Disney Common Stock Options Exercise +6,109 +24% 31,469 15 Dec 2024 Direct F2, F6
transaction DIS Disney Common Stock Tax liability $353,461 -3,097 -9.8% $114.13 28,372 15 Dec 2024 Direct F7
transaction DIS Disney Common Stock Options Exercise +8,425 +30% 36,797 15 Dec 2024 Direct F2, F8
transaction DIS Disney Common Stock Tax liability $487,335 -4,270 -12% $114.13 32,527 15 Dec 2024 Direct 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 -25,981 -100% $0.000000 0 14 Dec 2024 Disney Common Stock 25,981 Direct F1, F2
transaction DIS Restricted Stock Unit Options Exercise $0 -6,368 -100% $0.000000 0 14 Dec 2024 Disney Common Stock 6,368 Direct F2, F4
transaction DIS Restricted Stock Unit Options Exercise $0 -6,109 -50% $0.000000 6,109 15 Dec 2024 Disney Common Stock 6,109 Direct F2, F6
transaction DIS Restricted Stock Unit Options Exercise $0 -8,425 -33% $0.000000 16,851 15 Dec 2024 Disney Common Stock 8,425 Direct F2, F8
* 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, previously reported on a Form 4 dated December 3, 2024. The total also reflects a deduction for cash paid in lieu of fractional shares upon conversion of previously-granted units to shares.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 13,168 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 award is fully vested.
F5 The 3,228 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 6,109 stock units vest on December 15, 2025.
F7 The 3,097 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 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 8,425 stock units on December 15, 2025, and as to 8,426 stock units on December 15, 2026.
F9 The 4,270 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.