Disney executive vests RSUs, covers tax with shares
Walt Disney Co senior executive Paul M. Roeder reported compensation-related equity activity.
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Form Type
4
Rhea-AI Filing Summary
Walt Disney Co senior executive Paul M. Roeder reported compensation-related equity activity. On July 15, 2026, restricted stock units vested and converted into 3,115 Disney common shares (1,649 and 1,466 shares). To satisfy tax obligations, 1,119 shares (592 and 527) were automatically withheld at $97 per share, not sold in the open market. Each restricted stock unit converts into one share of common stock.
Insider Trade Summary
3,115 shares exercised/converted
Exercise
6 txns
Insider
Roeder Paul M
Role
Sr EVP and Chief Comm Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F1 | 1,466 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F2, F4 | 1,649 | $0.00 | $0.00 |
| Exercise | Disney Common Stock F1, F2 | 1,466 | -- | -- |
| Tax Withholding | Disney Common Stock F3 | 527 | $97.00 | $51K |
| Exercise | Disney Common Stock F4, F2 | 1,649 | -- | -- |
| Tax Withholding | Disney Common Stock F5 | 592 | $97.00 | $57K |
Holdings After Transaction:
Restricted Stock Unit — 12,654 contracts (Direct);
Disney Common Stock — 2,981 shares (Direct)
Footnotes (5)
- 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.
Key Figures
RSU shares vested (tranche 1): 1,649 shares
RSU shares vested (tranche 2): 1,466 shares
Total RSU shares converted: 3,115 shares
+4 more
7 metrics
RSU shares vested (tranche 1)
1,649 shares
Restricted stock units converting into Disney common stock on July 15, 2026
RSU shares vested (tranche 2)
1,466 shares
Additional restricted stock units converting into Disney common stock on July 15, 2026
Total RSU shares converted
3,115 shares
Exercise or conversion of derivative securities into Disney common stock
Shares withheld for taxes (block 1)
592 shares
Automatic reduction of issued shares to satisfy withholding tax obligations at $97 per share
Shares withheld for taxes (block 2)
527 shares
Additional automatic reduction of issued shares to satisfy withholding tax obligations at $97 per share
Total shares withheld for taxes
1,119 shares
Tax-withholding dispositions related to RSU vesting transactions on July 15, 2026
Tax-withholding valuation price
$97.00 per share
Value used for automatic tax-withholding share reductions
Key Terms
restricted stock units, dividend equivalents, withholding tax obligations, Amended and Restated 2011 Stock Incentive Plan
4 terms
restricted stock units financial
"Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"Includes dividend equivalents accrued on the award."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
withholding tax obligations financial
"represent an automatic reduction of shares issued ... to discharge withholding tax obligations of reporting person"
Amended and Restated 2011 Stock Incentive Plan financial
"previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did DIS executive Paul M. Roeder report?
Paul M. Roeder reported RSU vesting and related tax withholding. On July 15, 2026, 3,115 shares of Disney common stock from restricted stock units vested, and 1,119 shares were withheld at $97 per share to cover tax obligations, with no open‑market sales.
Were any open-market sales of DIS stock reported by Paul M. Roeder?
No open‑market sales were reported. Instead, 1,119 shares of Disney common stock (592 and 527 shares) were automatically withheld to satisfy withholding tax obligations, which footnotes state do not constitute actual sales or other open‑market transactions.
What tax-withholding details are disclosed for the DIS transactions?
The disclosure states that 592 and 527 Disney shares were withheld at $97 per share to cover withholding tax obligations. These reductions were automatic and are described as not being sales or other open‑market trades.
What is the conversion ratio of Disney (DIS) restricted stock units in Roeder’s awards?
Roeder’s awards specify that restricted stock units convert into common stock at a 1‑for‑1 ratio. This means each vested RSU delivers one share of Disney common stock when it converts, aligning his compensation directly with the company’s equity.
Under which plan were Paul M. Roeder’s DIS restricted stock units granted?
The vesting RSUs were granted under The Walt Disney Company’s Amended and Restated 2011 Stock Incentive Plan. Footnotes explain that awards vest in substantially equal semi‑annual installments and can accrue dividend equivalents before converting into Disney common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
