Disney 4: Froman Michael B. G. bought 895 shares of Disney Common Sto… (Jan 5, 2026)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2025-12-31 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Walt Disney Co (DIS) CIK: 0001744489 --- Reporting Owner --- Name: Froman Michael B. G. CIK: 0001753077 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Disney Common Stock Date: 2025-12-31 | Code: A (Grant or award) Shares: +895.1 | Price: $113.02 Total Value: $101,164.20 Shares Owned After: 22,096.3 | Ownership: D (Direct) Footnotes: [F1] Includes: (1) 320.7 stock units and/or shares of the Issuer's common stock issued under the Amended and Restated 2011 Stock Incentive Plan (the "Plan") credited in lieu of all or a portion of the reporting person's quarterly cash retainer fees for Board services pursuant to the reporting person's election, which shares shall be issued to the reporting person at such times and subject to such terms and conditions governing the election, and (2) 574.4 deferred stock units under the Plan credited as a quarterly grant under the Plan. The total also reflects a deduction for cash paid in lieu of fractional shares when stock units are converted to shares. Stock units are issued to the reporting person in the form of shares of the Issuer's common stock issued under the Plan. --- Holdings --- [Holding #1] Security: Disney Common Stock Ownership: I (Indirect) --- Footnotes (Complete Index) --- F1: Includes: (1) 320.7 stock units and/or shares of the Issuer's common stock issued under the Amended and Restated 2011 Stock Incentive Plan (the "Plan") credited in lieu of all or a portion of the reporting person's quarterly cash retainer fees for Board services pursuant to the reporting person's election, which shares shall be issued to the reporting person at such times and subject to such terms and conditions governing the election, and (2) 574.4 deferred stock units under the Plan credited as a quarterly grant under the Plan. The total also reflects a deduction for cash paid in lieu of fractional shares when stock units are converted to shares. Stock units are issued to the reporting person in the form of shares of the Issuer's common stock issued under the Plan. --- Signature --- /s/ /s/ Carla J. Silva, as attorney-in-fact (2026-01-05)