Disney (NYSE: DIS) EVP reports RSU vesting and 488-share tax withholding
Rhea-AI Filing Summary
Walt Disney Co executive Brent Woodford reported vesting of restricted stock units that converted into Disney common stock, with a portion of the shares automatically withheld to cover tax obligations. The restricted stock units convert into common stock at a 1-for-1 rate and are part of an award granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan.
The award vests in six substantially equal semi-annual installments that began on June 15, 2024, and includes dividend equivalents accrued on the award. After the latest transactions, Woodford holds 58,629 Disney common shares directly, plus additional indirect holdings through a 401(k) plan and a spouse’s IRA.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 1,727 shares
Net Buy
5 txns
Insider
WOODFORD BRENT
Role
EVP, Control, Fin Plan & Tax
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,215 | $0.00 | $0.00 |
| Exercise | Disney Common Stock | 2,215 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Disney Common Stock | 488 | $101.495 | $50K |
| holding | Disney Common Stock | -- | -- | -- |
| holding | Disney Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 2,216 shares (Direct);
Disney Common Stock — 58,629 shares (Direct);
Disney Common Stock — 100 shares (Indirect, By Spouse in IRA);
Disney Common Stock — 291.491 shares (Indirect, By 401(k))
Footnotes (4)
- 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 June 15, 2024. Includes dividend equivalents accrued on the award.
- F2. Restricted stock units convert into common stock at 1-for-1.
- F3. The 488 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. Shares held in The Walt Disney Stock Fund as of June 15, 2026. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
Key Figures
RSUs converted: 2,215 units
Shares withheld for tax: 488 shares at $101.4950
Direct common shares after transaction: 58,629 shares
+2 more
5 metrics
RSUs converted
2,215 units
Restricted stock units converting into Disney common stock
Shares withheld for tax
488 shares at $101.4950
Automatic reduction to cover withholding tax obligations
Direct common shares after transaction
58,629 shares
Direct Disney common stock holding following the transactions
401(k) indirect holding
291.4910 shares
Disney Stock Fund position in 401(k) as of June 15, 2026
Spouse IRA holding
100.0000 shares
Disney common stock held indirectly by spouse in IRA
Key Terms
restricted stock units, dividend equivalents, 1-for-1, withholding tax obligations, +1 more
5 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.
1-for-1 financial
"Restricted stock units convert into common stock at 1-for-1."
withholding tax obligations financial
"represent an automatic reduction of shares issued to the reporting person to discharge withholding tax obligations"
401(k) Plan financial
"The Fund is one investment option in the 401(k) Plan and contains Company matching contributions."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider equity transaction did Disney (DIS) executive Brent Woodford report?
Brent Woodford reported vesting of restricted stock units that converted into Disney common stock. These units were granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan and convert into common shares on a 1-for-1 basis as they vest.
What indirect Disney (DIS) holdings does Brent Woodford report in retirement and spouse accounts?
Woodford reports 291.491 Disney common shares held through The Walt Disney Stock Fund in a 401(k) plan and 100 Disney common shares held indirectly by his spouse in an IRA. These positions are classified as indirect beneficial ownership in the filing.
How do Brent Woodford’s restricted stock units in Disney (DIS) vest over time?
The restricted stock unit award vests in six substantially equal semi‑annual installments. Vesting began on June 15, 2024, under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan, and each vested unit converts into one share of Disney common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
