Walt Disney (NYSE: DIS) officer lines up stock sale under Rule 144

Rhea-AI Filing Summary

Walt Disney Co (DIS) is the issuer for a planned resale of common stock reported by officer Paul M. Roeder under Rule 144. The notice covers up to 3,596 shares of Disney common stock, with an aggregate market value of $382,326.72, to be sold through Merrill Lynch on the NYSE on or after 08/19/2026.

The shares relate to vesting of restricted stock unit awards granted as part of Disney’s equity compensation plan, with vesting dates in 2026 including 01/15, 06/15, 07/15, 07/17, and 07/22. This is a notice of a proposed sale under Rule 144 rather than confirmation that sales have occurred.

Key Figures

Shares covered by Rule 144 notice: 3,596 shares Aggregate market value: $382,326.72 Proposed sale earliest date: 08/19/2026 +5 more

8 metrics

Shares covered by Rule 144 notice 3,596 shares Common stock of Walt Disney Co proposed for sale under Rule 144

Aggregate market value $382,326.72 Value associated with 3,596 DIS shares in the Rule 144 notice

Proposed sale earliest date 08/19/2026 Earliest date listed for proposed NYSE sales through Merrill Lynch

RSU vesting shares 01/15/2026 2 shares Common stock from vesting of restricted stock unit awards on 01/15/2026

RSU vesting shares 06/15/2026 983 shares Common stock from vesting of restricted stock unit awards on 06/15/2026

RSU vesting shares 07/15/2026 1,996 shares Common stock from vesting of restricted stock unit awards on 07/15/2026

RSU vesting shares 07/17/2026 612 shares Common stock from vesting of restricted stock unit awards on 07/17/2026

RSU vesting shares 07/22/2026 3 shares Common stock from vesting of restricted stock unit awards on 07/22/2026

Key Terms

Rule 144, restricted stock unit awards, equity compensation plan

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock unit awards financial

"Vesting of restricted stock unit awards | Walt Disney Co"

Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.

equity compensation plan financial

"Granted as part of issuer equity compensation plan"

A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.

FAQ

What does the Form 144 filing for DIS disclose about Paul M. Roeder’s planned stock sale?

The filing discloses that Paul M. Roeder, an officer of Walt Disney Co (DIS), has filed a Rule 144 notice to potentially sell up to 3,596 shares of Disney common stock, with an aggregate market value of $382,326.72, through Merrill Lynch.

How many Walt Disney Co (DIS) shares are covered by this Rule 144 notice?

The notice covers up to 3,596 shares of Walt Disney Co (DIS) common stock. The filing lists an aggregate market value of $382,326.72 for these shares in connection with proposed sales on the NYSE through Merrill Lynch.

When may the DIS shares under this Form 144 be sold and on which exchange?

The shares may be sold on or after 08/19/2026 on the NYSE. The Form 144 lists Merrill Lynch as the broker and identifies the securities as Walt Disney Co common stock subject to potential resale under Rule 144.

What is the source of the Walt Disney Co (DIS) shares listed in this Form 144?

The shares come from vesting of restricted stock unit awards granted under Disney’s equity compensation plan. Vesting dates listed include 01/15/2026, 06/15/2026, 07/15/2026, 07/17/2026, and 07/22/2026, with specific share amounts for each vest.

Does this Walt Disney Co (DIS) Form 144 mean the shares have already been sold?

No. A Form 144 is a notice of proposed sale under Rule 144, not proof that a sale has occurred. It indicates an intention or plan to sell up to the stated number of shares, subject to Rule 144 conditions.

Which broker is named in the Walt Disney Co (DIS) Form 144 filing?

The filing names Merrill Lynch, located at 225 Liberty Street in New York, as the broker. The proposed Rule 144 sales of Walt Disney Co (DIS) common stock are expected to be executed through Merrill Lynch on the NYSE.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/19/2026 - 04:22 PM Accepted by SEC EDGAR 08/19/2026 - 04:21 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002121555
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Walt Disney Co
SEC File Number	001-38842
Address of Issuer	500 SOUTH BUENA VISTA STREET BURBANK CALIFORNIA 91521
Phone	(818) 560-1000
Name of Person for Whose Account the Securities are To Be Sold	Roeder Paul M
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Merrill Lynch 225 Liberty Street Floor 37 New York NY 10281	3596	382326.72	1726686902	08/19/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	01/15/2026	Vesting of restricted stock unit awards	Walt Disney Co			2	01/15/2026	Granted as part of issuer equity compensation plan
Common Stock	06/15/2026	Vesting of restricted stock unit awards	Walt Disney Co			983	06/15/2026	Granted as part of issuer equity compensation plan
Common Stock	07/15/2026	Vesting of restricted stock unit awards	Walt Disney Co			1996	07/15/2026	Granted as part of issuer equity compensation plan
Common Stock	07/17/2026	Vesting of restricted stock unit awards	Walt Disney Co			612	07/17/2026	Granted as part of issuer equity compensation plan
Common Stock	07/22/2026	Vesting of restricted stock unit awards	Walt Disney Co			3	07/22/2026	Granted as part of issuer equity compensation plan

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	08/19/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Paul M Roeder
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)