Disney (DIS) director Amy Chang awarded 1,080.7-share stock grant at $96.96

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Chang Amy reported acquisition or exercise transactions in this Form 4 filing.

Walt Disney Co director Amy Chang received a stock grant of 1,080.7 shares of Disney common stock on March 31, 2026 at $96.96 per share. Following this award, she directly holds 15,800.8 Disney shares and indirectly holds 120 shares through a trust.

The direct total includes 330.3 stock units and shares issued under the Amended and Restated 2011 Stock Incentive Plan in lieu of quarterly cash retainer fees, plus 750.4 deferred stock units credited as a quarterly grant and additional units credited for dividends, all deliverable in Disney common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Chang Amy

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Disney Common Stock	1,080.7	$96.96	$105K
holding	Disney Common Stock	--	--	--

Holdings After Transaction: Disney Common Stock — 15,800.8 shares (Direct); Disney Common Stock — 120 shares (Indirect, By Trust)

Footnotes (1)

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Key Figures

Stock grant: 1,080.7 shares Grant reference price: $96.96 per share Direct holdings after transaction: 15,800.8 shares +3 more

6 metrics

Stock grant 1,080.7 shares Disney common stock award on March 31, 2026

Grant reference price $96.96 per share Price reported for 1,080.7-share award

Direct holdings after transaction 15,800.8 shares Disney common stock held directly after grant

Indirect holdings after transaction 120.0 shares Held indirectly by trust after reported transactions

Stock units in lieu of fees 330.3 units/shares Credited instead of quarterly cash retainer fees

Deferred stock units 750.4 units Quarterly grant under 2011 Stock Incentive Plan

Key Terms

Amended and Restated 2011 Stock Incentive Plan, deferred stock units, quarterly cash retainer fees, dividends paid

4 terms

Amended and Restated 2011 Stock Incentive Plan financial

"issued under the Amended and Restated 2011 Stock Incentive Plan (the "Plan") credited in lieu"

deferred stock units financial

"750.4 deferred stock units under the Plan credited as a quarterly grant under the Plan"

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"

dividends paid financial

"includes additional stock units credited to the reporting person in respect of dividends paid on shares"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 06:00 PM

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).

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^*

Chang Amy

(Last)

(First)

(Middle)

500 SOUTH 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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Disney Common Stock	03/31/2026		A		1,080.7⁽¹⁾	A	$96.96	15,800.8	D
Disney Common Stock								120	I	By Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Includes: (1) 330.3 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) 750.4 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-fact	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Disney (DIS) director Amy Chang report in this Form 4 filing?

Amy Chang reported receiving 1,080.7 shares of Disney common stock as a grant on March 31, 2026 at $96.96 per share. After this award, she directly holds 15,800.8 shares and indirectly holds 120 shares through a trust-related arrangement.

How many Walt Disney (DIS) shares does Amy Chang hold after the reported grant?

After the grant, Amy Chang holds 15,800.8 Disney shares directly and 120 shares indirectly through a trust. The direct total includes stock units and deferred stock units under Disney’s Amended and Restated 2011 Stock Incentive Plan, deliverable in Disney common stock.

What was the price used for Amy Chang’s Disney (DIS) stock grant on March 31, 2026?

The reported grant to Amy Chang used a price of $96.96 per Disney share. This price is shown for the 1,080.7-share award of Disney common stock, which forms part of her overall director compensation under the company’s stock incentive plan.

How are Disney (DIS) director fees reflected in Amy Chang’s stock holdings?

Amy Chang’s holdings include 330.3 stock units and/or shares credited instead of some quarterly cash retainer fees for board service. These amounts are issued under Disney’s Amended and Restated 2011 Stock Incentive Plan and are settled in shares of Disney common stock.

What deferred stock units does Amy Chang have under Disney’s 2011 Stock Incentive Plan?

Amy Chang has 750.4 deferred stock units credited as a quarterly grant under Disney’s Amended and Restated 2011 Stock Incentive Plan. Additional stock units are also credited to her for dividends paid on Disney common stock, all settled in Disney shares.