STOCK TITAN

Disney (DIS) director Lagomasino receives 1,266-share equity grant under board plan

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Walt Disney Co director Maria Elena Lagomasino received an equity grant of 1,266.8 shares of Disney common stock at $96.96 per share. The award is classified as a grant or other acquisition, increasing her directly held position to 36,785.2 shares.

The total includes 444.4 stock units or shares issued instead of some quarterly cash retainer fees for Board service and 822.4 deferred stock units credited as a quarterly grant under Disney's Amended and Restated 2011 Stock Incentive Plan, as well as additional stock units credited for dividends, all deliverable in Disney shares under the plan's terms.

Positive

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Insider LAGOMASINO MARIA ELENA
Role Director
Type Security Shares Price Value
Grant/Award Disney Common Stock 1,266.8 $96.96 $123K
Holdings After Transaction: Disney Common Stock — 36,785.2 shares (Direct)
Footnotes (1)
  1. [object Object]
Equity grant size 1,266.8 shares Disney common stock grant on March 31, 2026
Grant valuation price $96.96 per share Value used for the reported stock award
Post-transaction holdings 36,785.2 shares Disney common shares held directly after the grant
Stock units in lieu of cash fees 444.4 units/shares Quarterly cash retainer fees taken in equity
Deferred stock units 822.4 units Quarterly grant under Disney’s 2011 Stock Incentive Plan
Amended and Restated 2011 Stock Incentive Plan financial
"shares of the Issuer's common stock issued under the Amended and Restated 2011 Stock Incentive Plan"
deferred stock units financial
"822.4 deferred stock units under the Plan credited as a quarterly grant"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
quarterly cash retainer fees financial
"credited in lieu of all or a portion of the reporting person's quarterly cash retainer fees for Board services"
stock units financial
"Stock units are issued to the reporting person in the form of shares of the Issuer's common stock"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
SEC Form 4
FORM 4UNITED 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).
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*
LAGOMASINO MARIA ELENA

(Last)(First)(Middle)
500 S. BUENA VISTA STREET

(Street)
BURBANK CALIFORNIA 91521

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Walt Disney Co [ DIS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Disney Common Stock03/31/2026A1,266.8(1)A$96.9636,785.2D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes: (1) 444.4 stock units and/or shares of the Issuer's common stock issued under the Amended and Restated 2011 Stock Incentive Plan (the "Plan") credited in lieu of all or a portion of the reporting person's quarterly cash retainer fees for Board services pursuant to the reporting person's election, which shares shall be issued to the reporting person at such times and subject to such terms and conditions governing the election, and (2) 822.4 deferred stock units under the Plan credited as a quarterly grant under the Plan. The total also includes additional stock units credited to the reporting person in respect of dividends paid on shares of Issuer common stock. Stock units are issued to the reporting person in the form of shares of the Issuer's common stock issued under the Plan.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Karen Young, as attorney-in-fact04/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Disney (DIS) director Maria Elena Lagomasino report on this Form 4?

Disney director Maria Elena Lagomasino reported receiving 1,266.8 Disney common shares as an equity grant. This award, valued at $96.96 per share, is compensation-related rather than an open-market purchase, and increases her directly held position to 36,785.2 shares.

Was the Lagomasino Disney (DIS) transaction a stock purchase or a grant?

The Lagomasino transaction was a stock grant, not an open-market purchase. It is coded as an acquisition under a grant or award, reflecting equity compensation awarded by Disney rather than shares bought on the market by the director.

How many Disney (DIS) shares does Maria Elena Lagomasino hold after the Form 4?

After the reported award, Maria Elena Lagomasino holds 36,785.2 Disney common shares directly. This figure includes stock units and deferred stock units under Disney’s Amended and Restated 2011 Stock Incentive Plan that will be delivered as shares under the plan’s terms.

At what price was the Disney (DIS) equity grant to Lagomasino valued?

The equity grant to Lagomasino was valued at $96.96 per Disney common share. That price is used to measure the grant’s value for reporting, reflecting compensation terms rather than a price she paid in an open-market stock purchase.

How are Disney (DIS) board fees treated for Maria Elena Lagomasino in this filing?

A portion of Lagomasino’s quarterly board cash retainer fees is credited as 444.4 stock units or shares under Disney’s 2011 Stock Incentive Plan. These are issued instead of cash, delivering compensation in Disney equity according to her election and plan terms.

What are deferred stock units mentioned in the Disney (DIS) Form 4 footnote?

Deferred stock units are bookkeeping entries representing future Disney shares granted as compensation. Lagomasino has 822.4 such units credited as a quarterly grant, plus additional units from dividends, all to be settled in Disney common stock under the incentive plan.