Walt Disney Co (DIS) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-06-23 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Walt Disney Co (DIS) CIK: 0001744489 --- Reporting Owner --- Name: Coleman Sonia L CIK: 0001969984 Role: Officer (Sr. EVP & Chief People Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Disney Common Stock Date: 2026-06-23 | Code: M (Exercise of derivative) Shares: +4,079 Shares Owned After: 4,599 | Ownership: D (Direct) Footnotes: [F1] Vesting of restricted stock units granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan, previously reported on a Form 4 filed on December 2, 2025, and a Form 4 filed on June 24, 2026. The total reflects a deduction for cash paid in lieu of fractional shares upon conversion of previously-granted units to shares and includes dividend equivalents accrued on the award. [F2] Restricted stock units convert into common stock at 1-for-1. [Transaction #2] Security: Disney Common Stock Date: 2026-06-23 | Code: F (Payment of exercise/tax) Shares: -1,464 | Price: $102.92 Total Value: $150,674.88 Shares Owned After: 3,135 | Ownership: D (Direct) Footnotes: [F3] The 1,464 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. --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Unit Date: 2026-06-23 | Code: M (Exercise of derivative) Shares: -4,079 | Price: $0.00 Exercisable: N/A | Expires: 2026-06-23 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F2] Restricted stock units convert into common stock at 1-for-1. [F1] Vesting of restricted stock units granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan, previously reported on a Form 4 filed on December 2, 2025, and a Form 4 filed on June 24, 2026. The total reflects a deduction for cash paid in lieu of fractional shares upon conversion of previously-granted units to shares and includes dividend equivalents accrued on the award. [F5] The stock unit award vested on the expiration date. --- Holdings --- [Holding #1] Security: Disney Common Stock Ownership: I (Indirect) Footnotes: [F4] Shares held in The Walt Disney Stock Fund as of June 23, 2026. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions. --- Footnotes (Complete Index) --- F1: Vesting of restricted stock units granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan, previously reported on a Form 4 filed on December 2, 2025, and a Form 4 filed on June 24, 2026. The total reflects a deduction for cash paid in lieu of fractional shares upon conversion of previously-granted units to shares and includes dividend equivalents accrued on the award. F2: Restricted stock units convert into common stock at 1-for-1. F3: The 1,464 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: Shares held in The Walt Disney Stock Fund as of June 23, 2026. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions. F5: The stock unit award vested on the expiration date. --- Signature --- /s/ /s/ Karen Young, as attorney-in-fact (2026-06-25)