Disney

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-14 10b5-1 Pre-arranged Plan: Yes --- Issuer --- Name: Walt Disney Co (DIS) CIK: 0001744489 --- Reporting Owner --- Name: WOODFORD BRENT CIK: 0001211698 Role: Officer (EVP, Control, Fin Plan & Tax) --- Non-Derivative Transactions --- [Transaction #1] Security: Disney Common Stock Date: 2026-08-14 | Code: M (Exercise of derivative) Shares: +7,238 | Price: $105.21 Total Value: $761,509.98 Shares Owned After: 69,561 | Ownership: D (Direct) Footnotes: [F1] The transaction reported on this Form 4 was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) previously adopted by the reporting person on February 24, 2026. [Transaction #2] Security: Disney Common Stock Date: 2026-08-14 | Code: S (Open market sale) Shares: -7,238 | Price: $105.31 Total Value: $762,233.78 Shares Owned After: 62,323 | Ownership: D (Direct) Footnotes: [F1] The transaction reported on this Form 4 was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) previously adopted by the reporting person on February 24, 2026. --- Derivative Transactions --- [Transaction #1] Security: Stock Option (Right-to-Buy) Date: 2026-08-14 | Code: M (Exercise of derivative) Shares: -7,238 | Price: $0.00 Exercisable: N/A | Expires: 2026-12-21 Shares Owned After: 14,472 | Ownership: D (Direct) Footnotes: [F1] The transaction reported on this Form 4 was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) previously adopted by the reporting person on February 24, 2026. [F3] The award is fully vested. --- Holdings --- [Holding #1] Security: Disney Common Stock Ownership: I (Indirect) [Holding #2] Security: Disney Common Stock Ownership: I (Indirect) Footnotes: [F2] Shares held in The Walt Disney Stock Fund as of August 14, 2026. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions. --- Footnotes (Complete Index) --- F1: The transaction reported on this Form 4 was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) previously adopted by the reporting person on February 24, 2026. F2: Shares held in The Walt Disney Stock Fund as of August 14, 2026. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions. F3: The award is fully vested. --- Signature --- /s/ /s/ Karen Young, as attorney-in-fact (2026-08-17)