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Walt Disney Co director Froman acquires 1,003 shares

The award included retainer-related stock units, a quarterly deferred-stock-unit grant and additional units credited for common-stock dividends.

(Moderate)

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Form Type
4

Rhea-AI Filing Summary

Michael B. G. Froman, a director of Walt Disney Co (DIS), reported a compensation-related acquisition of 1,003 Disney common-stock shares on September 30, 2026, with a reported price of $104.88 per share. The associated plan footnote describes 350.6 stock units and/or shares credited in lieu of all or part of quarterly cash retainer fees, 652.8 deferred stock units credited as a quarterly grant, and additional units credited for dividends. His reported direct holdings following the transaction were 25,192 shares; the footnote says this figure reflects a deduction for cash paid in lieu of fractional shares. A separate entry lists 20 shares held indirectly by trust.

Insider Froman Michael B. G.
Role Director
Type Security Shares Price Value
Grant/Award Disney Common Stock F1, F2 1,003.4 $104.88 $105K
holding Disney Common Stock -- -- --
Holdings After Transaction: Disney Common Stock — 25,191.5 shares (Direct); Disney Common Stock — 20 shares (Indirect, By Trust)
Footnotes (2)
  1. F1. Includes: (1) 350.6 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) 652.8 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.
  2. F2. The total reflects a deduction for cash paid in lieu of fractional shares when units are converted to shares.
Common-stock shares acquired 1,003 shares Reported September 30, 2026
Reported price per share $104.88 per share Compensation-related acquisition reported September 30, 2026
Retainer-related stock units and/or shares 350.6 stock units and/or shares Credited in lieu of all or part of quarterly cash retainer fees
Quarterly grant 652.8 deferred stock units Credited under the Plan
Direct shares following transaction 25,192 shares Reported September 30, 2026; reflects a deduction for cash paid in lieu of fractional shares
Shares held indirectly by trust 20 shares Reported September 30, 2026
Amended and Restated 2011 Stock Incentive Plan financial
"under the Amended and Restated 2011 Stock Incentive Plan"
deferred stock units financial
"652.8 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.
cash retainer fees financial
"in lieu of all or a portion of the reporting person's quarterly cash retainer fees"

FAQ

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How many Disney (DIS) shares did Michael B. G. Froman acquire?

Michael B. G. Froman, a director, reported a compensation-related acquisition of 1,003 Disney common-stock shares on September 30, 2026, with a reported price of $104.88 per share.

What made up Michael B. G. Froman's Disney (DIS) award?

The associated plan footnote describes 350.6 stock units and/or shares credited in lieu of all or part of quarterly cash retainer fees, and 652.8 deferred stock units credited as a quarterly grant. It also says the total includes additional stock units credited in respect of dividends paid on common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Froman Michael B. G.

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
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 Stock09/30/2026A1,003.4(1)A$104.8825,191.5(2)D
Disney Common Stock20IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes: (1) 350.6 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) 652.8 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.
2. The total reflects a deduction for cash paid in lieu of fractional shares when units are converted to shares.
Remarks:
/s/ Karen Young, as attorney-in-fact10/02/2026
** 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)

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