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: 2026-07-15 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Walt Disney Co (DIS) CIK: 0001744489 --- Reporting Owner --- Name: Roeder Paul M CIK: 0002121555 Role: Officer (Sr EVP and Chief Comm Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Disney Common Stock Date: 2026-07-15 | Code: M (Exercise of derivative) Shares: +1,466 Shares Owned After: 2,451 | Ownership: D (Direct) Footnotes: [F1] Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award vests in six substantially equal semi-annual installments, which began on July 15, 2025. 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: 2026-07-15 | Code: F (Payment of exercise/tax) Shares: -527 | Price: $97.00 Total Value: $51,119.00 Shares Owned After: 1,924 | Ownership: D (Direct) Footnotes: [F3] The 527 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. [Transaction #3] Security: Disney Common Stock Date: 2026-07-15 | Code: M (Exercise of derivative) Shares: +1,649 Shares Owned After: 3,573 | Ownership: D (Direct) Footnotes: [F4] Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award vests in six substantially equal semi-annual installments, which began on July 15, 2026. [F2] Restricted stock units convert into common stock at 1-for-1. [Transaction #4] Security: Disney Common Stock Date: 2026-07-15 | Code: F (Payment of exercise/tax) Shares: -592 | Price: $97.00 Total Value: $57,424.00 Shares Owned After: 2,981 | Ownership: D (Direct) Footnotes: [F5] The 592 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: 2026-07-15 | Code: M (Exercise of derivative) Shares: -1,466 | Price: $0.00 Shares Owned After: 4,403 | Ownership: D (Direct) Footnotes: [F2] Restricted stock units convert into common stock at 1-for-1. [F1] Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award vests in six substantially equal semi-annual installments, which began on July 15, 2025. Includes dividend equivalents accrued on the award. [F1] Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award vests in six substantially equal semi-annual installments, which began on July 15, 2025. Includes dividend equivalents accrued on the award. [Transaction #2] Security: Restricted Stock Unit Date: 2026-07-15 | Code: M (Exercise of derivative) Shares: -1,649 | Price: $0.00 Shares Owned After: 8,251 | Ownership: D (Direct) Footnotes: [F2] Restricted stock units convert into common stock at 1-for-1. [F4] Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award vests in six substantially equal semi-annual installments, which began on July 15, 2026. [F4] Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award vests in six substantially equal semi-annual installments, which began on July 15, 2026. --- Footnotes (Complete Index) --- F1: Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award vests in six substantially equal semi-annual installments, which began on July 15, 2025. Includes dividend equivalents accrued on the award. F2: Restricted stock units convert into common stock at 1-for-1. F3: The 527 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: Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award vests in six substantially equal semi-annual installments, which began on July 15, 2026. F5: The 592 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 (2026-07-16)