Hugh F. Johnston - 15 Dec 2025 Form 4 Insider Report for Walt Disney Co (DIS)

Reporting relationship: SEVP & Chief Financial Officer
Issuer ticker: DIS
Reported as of: 15 Dec 2025
Net transaction value: -$567,528
SEC form: 4
Accepted by SEC: 17 Dec 2025, 16:25:59 UTC
Prior SEC filing: 12 Dec 2025
Next SEC filing: 20 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ Carla J. Silva, as attorney-in-fact

Key filing fact

Hugh F. Johnston filed Form 4 for Walt Disney Co (DIS) on 17 Dec 2025.

Key facts

This page summarizes Hugh F. Johnston's Form 4 filing for Walt Disney Co (DIS).
5 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 17 Dec 2025, 16:25.

Change

Previous filing in this sequence was filed on 12 Dec 2025.
Current net transaction value: -$567,528.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001377489 Primary reporting owner

Johnston Hugh F

Relationship: SEVP & Chief Financial Officer
Address: 500 SOUTH BUENA VISTA STREET, BURBANK
Signature: /s/ Carla J. Silva, as attorney-in-fact
Signature date: 17 Dec 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DIS transaction

Disney Common Stock

Options Exercise

Transaction value
Shares: +12,658
Change %: +187%
Price
Shares after: 19,435
Date: 15 Dec 2025
Ownership: Direct
Footnotes: F1, F2

DIS transaction

Disney Common Stock

Tax liability

Transaction value: $567,528
Shares: -5,157
Change %: -27%
Price: $110.05
Shares after: 14,278
Date: 15 Dec 2025
Ownership: Direct
Footnotes: F3

DIS holding

Disney Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 96
Date: 15 Dec 2025
Ownership: Lucas Tullier Contingent Trust

DIS holding

Disney Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 126
Date: 15 Dec 2025
Ownership: Lucas Tullier Exempt Trusts

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DIS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -12,658
Change %: -50%
Price: $0.000000
Shares after: 12,658
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Disney Common Stock
Underlying amount: 12,658
Exercise price
Footnotes: F1, F2

DIS transaction Derivative

Restricted Stock Unit

Award

Transaction value: $0
Shares: +37,483
Change %
Price: $0.000000
Shares after: 37,483
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Disney Common Stock
Underlying amount: 37,483
Exercise price
Footnotes: F2, F4

DIS transaction Derivative

Stock Option (Right-to-Buy)

Award

Transaction value: $0
Shares: +113,062
Change %
Price: $0.000000
Shares after: 113,062
Date: 15 Dec 2025
Ownership: Direct
Underlying class: Disney Common Stock
Underlying amount: 113,062
Exercise price: $110.05
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The remaining 12,658 stock units vest on December 15, 2026. Includes dividend equivalents accrued on the award.

Footnote F2

Restricted stock units convert into common stock at 1-for-1.

Footnote F3

The 5,157 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.

Footnote F4

This restricted stock unit award was granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The award is scheduled to vest in three equal installments on each December 15 of 2026, 2027 and 2028.

Footnote F5

Option was granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The option is scheduled to vest in three equal installments on each December 15 of 2026, 2027 and 2028. In connection with this stock option award, the reporting person also was awarded restricted stock units whose vesting is subject to performance vesting criteria. The number of stock units vesting depends on the extent to which the performance criteria are satisfied, and ranges from zero to 138,686, not including potential accrued dividends.