Hugh F. Johnston - Dec 15, 2024 Form 4 Insider Report for Walt Disney Co (DIS)

Signature
/s/ Karen Young, as attorney-in-fact
Stock symbol
DIS
Transactions as of
Dec 15, 2024
Transactions value $
-$662,068
Form type
4
Date filed
12/17/2024, 07:37 PM
Previous filing
Dec 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIS Disney Common Stock Options Exercise +12.5K +41826.67% 12.6K Dec 15, 2024 Direct F1, F2
transaction DIS Disney Common Stock Tax liability -$662K -5.8K -46.12% $114.13 6.78K Dec 15, 2024 Direct F3
holding DIS Disney Common Stock 96 Dec 15, 2024 Lucas Tullier Contingent Trust
holding DIS Disney Common Stock 126 Dec 15, 2024 Lucas Tullier Exempt Trusts

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 -12.5K -33.33% $0.00 25.1K Dec 15, 2024 Disney Common Stock 12.5K Direct F1, F2
* 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. The remaining stock units vest as to 12,548 stock units on December 15, 2025; and as to 12,549 stock units on December 15, 2026.
F2 Restricted stock units convert into common stock at 1-for-1.
F3 The 5,801 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.