Walt Disney Co (DIS) officer discloses 2,431-share sale via Rule 10b5-1 plan

Rhea-AI Filing Summary

The Walt Disney Company executive reports a planned stock sale. The company’s Sr. EVP & Chief People Officer sold 2,431 shares of Disney common stock on 12/24/2025 at a price of $114 per share in a transaction coded as a sale.

The filing notes this trade was made under a pre-established Rule 10b5-1(c) trading plan adopted on May 23, 2025. After this transaction, the reporting person held no Disney shares directly and had 1,000.933 shares indirectly through The Walt Disney Stock Fund in the company’s 401(k) plan as of December 24, 2025.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Coleman Sonia L

(Last) (First) (Middle)

500 SOUTH BUENA VISTA STREET

(Street)

BURBANK CA 91521

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Walt Disney Co [ DIS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. EVP & Chief People Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Disney Common Stock	12/24/2025		S		2,431(1)	D	$114	0	D
Disney Common Stock								1,000.933(2)	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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 May 23, 2025.

2. Shares held in The Walt Disney Stock Fund as of December 24, 2025. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.

Remarks:

	/s/ Carla J. Silva, as attorney-in-fact	12/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Walt Disney Co (DIS) report?

The Sr. EVP & Chief People Officer reported selling 2,431 shares of Disney common stock on 12/24/2025 in a transaction coded as a sale.

At what price were the Walt Disney Co (DIS) shares sold?

The reported sale of Disney common stock was for $114 per share on 12/24/2025.

Was the Disney (DIS) insider sale under a Rule 10b5-1 trading plan?

Yes. The filing states the sale was made under a Rule 10b5-1(c) contract, instruction, or written plan adopted by the reporting person on May 23, 2025.

What is the reporting person’s role at Walt Disney Co (DIS)?

The reporting person is listed as an Officer, serving as Sr. EVP & Chief People Officer of The Walt Disney Company.

How many Walt Disney Co (DIS) shares does the insider own after the sale?

Following the reported transaction, the insider held 0 shares directly and 1,000.933 shares indirectly through The Walt Disney Stock Fund in the 401(k) plan as of December 24, 2025.

How are the remaining Walt Disney Co (DIS) shares held by the insider structured?

The remaining 1,000.933 Disney shares are held indirectly via The Walt Disney Stock Fund, an investment option in the company’s 401(k) Plan that includes company matching contributions.