Disney

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-06-30 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Walt Disney Co (DIS) CIK: 0001744489 --- Reporting Owner --- Name: Darroch Jeremy CIK: 0001871286 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Disney Common Stock Date: 2026-06-30 | Code: A (Grant or award) Shares: +954.8 | Price: $100.80 Total Value: $96,243.84 Shares Owned After: 9,443.2 | Ownership: D (Direct) Footnotes: [F1] Includes: (1) 310.0 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) 644.8 deferred stock units under the Plan credited as a quarterly grant under the Plan. Stock units are issued to the reporting person in the form of shares of the Issuer's common stock issued under the Plan. [F2] Total reflects a deduction for cash paid in lieu of fractional shares when stock units are converted to shares. [Transaction #2] Security: Disney Common Stock Date: 2026-06-30 | Code: F (Payment of exercise/tax) Shares: -113.27 | Price: $96.80 Total Value: $10,963.97 Shares Owned After: 9,329.93 | Ownership: D (Direct) Footnotes: [F3] The 113.27 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. --- Footnotes (Complete Index) --- F1: Includes: (1) 310.0 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) 644.8 deferred stock units under the Plan credited as a quarterly grant under the Plan. Stock units are issued to the reporting person in the form of shares of the Issuer's common stock issued under the Plan. F2: Total reflects a deduction for cash paid in lieu of fractional shares when stock units are converted to shares. F3: The 113.27 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. --- Signature --- /s/ /s/ Karen Young, as attorney-in-fact (2026-07-02)