Disney EVP (NYSE: DIS) vests RSUs and withholds shares for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Walt Disney Co executive Brent Woodford reported vesting of previously granted restricted stock units under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. On July 15, 2026, 1,871 and 1,956 restricted stock units converted 1-for-1 into Disney common shares.
To satisfy tax obligations, 456 and 477 shares were automatically withheld at $97.0000 per share; these dispositions were not open-market sales. Woodford also reports indirect holdings of 291.4910 shares in a 401(k) stock fund and 100.0000 shares held by his spouse's IRA, along with remaining restricted stock unit balances.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,827 shares exercised/converted
Mixed
8 txns
Insider
WOODFORD BRENT
Role
EVP, Control, Fin Plan & Tax
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,956 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,871 | $0.00 | -- |
| Exercise | Disney Common Stock | 1,956 | -- | -- |
| Tax Withholding | Disney Common Stock | 477 | $97.00 | $46K |
| Exercise | Disney Common Stock | 1,871 | -- | -- |
| Tax Withholding | Disney Common Stock | 456 | $97.00 | $44K |
| holding | Disney Common Stock | -- | -- | -- |
| holding | Disney Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 5,868 shares (Direct);
Disney Common Stock — 60,585 shares (Direct);
Disney Common Stock — 100 shares (Indirect, By Spouse in IRA)
Footnotes (1)
- 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. Restricted stock units convert into common stock at 1-for-1. The 477 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. 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. The 456 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. Shares held in The Walt Disney Stock Fund as of July 15, 2026. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
Key Figures
RSUs vested tranche 1: 1871.0000 units
RSUs vested tranche 2: 1956.0000 units
Tax withholding shares 1: 456.0000 shares
+5 more
8 metrics
RSUs vested tranche 1
1871.0000 units
Restricted stock units converting 1-for-1 into Disney common stock on July 15, 2026
RSUs vested tranche 2
1956.0000 units
Additional restricted stock units converting 1-for-1 into Disney common stock on July 15, 2026
Tax withholding shares 1
456.0000 shares
Shares automatically withheld to cover tax obligations at $97.0000 per share
Tax withholding shares 2
477.0000 shares
Additional shares automatically withheld to cover tax obligations at $97.0000 per share
Tax withholding price
$97.0000 per share
Price used for automatic reductions of shares to satisfy withholding tax obligations
401(k) indirect holding
291.4910 shares
Shares held in The Walt Disney Stock Fund in a 401(k) plan as of July 15, 2026
Spouse IRA holding
100.0000 shares
Disney common stock held indirectly by spouse in an IRA
Remaining RSUs grant 1
9359.0000 units
Restricted stock units remaining after transactions for one award series
Key Terms
restricted stock units, dividend equivalents, withholding tax obligations, The Walt Disney Stock Fund, +1 more
5 terms
restricted stock units financial
"Vesting of restricted stock units previously granted under The Walt Disney Company's Amended"
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
"reduction of shares issued to the reporting person to discharge withholding tax obligations"
The Walt Disney Stock Fund financial
"Shares held in The Walt Disney Stock Fund as of July 15, 2026."
Amended and Restated 2011 Stock Incentive Plan financial
"previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan."
FAQ
What insider transactions did Disney (DIS) EVP Brent Woodford report on July 15, 2026?
Brent Woodford reported vesting of 1,871 and 1,956 restricted stock units that converted 1-for-1 into Disney common shares. He also reported automatic share withholdings to cover tax obligations and updated indirect holdings in a 401(k) plan and his spouse’s IRA.
How many restricted stock units vested for Disney (DIS) EVP Brent Woodford?
Two tranches of restricted stock units vested, totaling 1,871.0000 and 1,956.0000 units. These awards were granted under Disney’s Amended and Restated 2011 Stock Incentive Plan and convert into Disney common stock on a 1-for-1 basis according to the footnotes.
How do restricted stock units convert into Disney (DIS) common stock in this filing?
The filing states that restricted stock units convert into common stock at 1-for-1. Thus, each vested unit for Brent Woodford on July 15, 2026 became one share of Disney common stock, subject to automatic share withholding to satisfy tax obligations.