[Form 4] Walt Disney Co Insider Trading Activity
Kristina K. Schake, Sr. EVP and Chief Communications Officer of The Walt Disney Company (DIS), reported that restricted stock units vested and converted into common stock on 09/28/2025 under the company's Amended and Restated 2011 Stock Incentive Plan. The report shows 249 and 45 restricted stock units vested and converted 1-for-1 into shares, with dividend equivalents and a cash deduction for fractional shares reflected in the totals.
To satisfy tax withholding, 90 shares and 17 shares were withheld (not sold in the market) at an indicated withholding price of $113.165. Following the transactions, the reporting person’s beneficial ownership totals are shown sequentially as 16,158, 16,068, 16,113 and 16,096 shares in the filing.
Kristina K. Schake, Senior Executive Vice President e Chief Communications Officer di The Walt Disney Company (DIS), ha comunicato che le unità di stock ristretti si sono vestite e convertite in azioni ordinarie il 28/09/2025, ai sensi del piano di incentivazione azionaria del 2011, come modificato e integrato. Il rapporto indica che 249 e 45 unità di stock ristretti si sono vestite e convertite 1‑a‑1 in azioni, con equivalenti di dividendi e una detrazione in contanti per frazioni riflessa nei totali.
Per coprire le ritenute fiscali, sono state trattenute 90 azioni e 17 azioni (non vendute sul mercato) a un prezzo di ritenuta indicato di $113.165. A seguito delle transazioni, i totali di proprietà beneficiaria della persona che segnala sono indicati in modo sequenziale come 16.158, 16.068, 16.113 e 16.096 azioni nel verbale.
Kristina K. Schake, ejecutiva de alto nivel y directora de Comunicaciones de The Walt Disney Company (DIS), informó que las unidades de acciones restringidas se vested y se convirtieron en acciones comunes el 28/09/2025 conforme al Plan de Incentivos de Acciones de 2011, en su versión enmendada. El informe muestra 249 y 45 unidades restringidas que se vestieron y convirtieron 1‑a‑1 en acciones, con equivalentes de dividendos y una deducción en efectivo por fracciones reflejadas en los totales.
Para satisfacer la retención fiscal, se retuvieron 90 acciones y 17 acciones (no vendidas en el mercado) a un precio de retención indicado de $113.165. Tras las transacciones, los totales de propiedad beneficiaria del informante se muestran secuencialmente como 16.158, 16.068, 16.113 y 16.096 acciones en el informe.
Kristina K. Schake, Disney의 수석 부사장 겸 최고 커뮤니케이션 책임자(CCO)는 회사의 수정 및 재정의된 2011년 주식 인센티브 계획에 따라 2025년 9월 28일에 제한 주식 단위가 vesting되어 보통주로 전환되었다고 보고했습니다. 보고서는 249 및 45개의 제한 주식 단위가 각각 1대1로 주식으로 vesting 및 전환되었으며 배당 등가액과 소수 주식에 대한 현금 차감이 합계에 반영되었다고 명시합니다.
세금 원천징수를 충당하기 위해 90주와 17주가 (시장에 매도되지 않음) 원천징수되었고, 원천징수 가격은 $113.165로 표시되었습니다. 거래 후 보고자의 유익한 소유 총계는 파일에 순차적으로 16,158, 16,068, 16,113, 16,096 주로 표시됩니다.
Kristina K. Schake, Senior Executive Vice President et Chief Communications Officer de The Walt Disney Company (DIS), a indiqué que des unités d’actions restreintes se sont acquises et converties en actions ordinaires le 28/09/2025, conformément au plan d’incitation d’actions de 2011 tel que modifié et révisé. Le rapport précise que 249 et 45 unités restreintes se sont acquises et converties 1‑pour‑1 en actions, avec des équivalents de dividendes et une retenue en espèces pour les fractions reflétées dans les totaux.
Pour satisfaire les retenues d’impôt, 90 actions et 17 actions ont été retenues (non vendues sur le marché) à un prix de retenue indiqué de $113.165. Après les transactions, les totaux de propriété bénéficiaire du déclarant sont affichés séquentiellement comme 16 158, 16 068, 16 113 et 16 096 actions dans le dépôt.
Kristina K. Schake, Senior Executive Vice President und Chief Communications Officer der Walt Disney Company (DIS), berichtete, dass Restricted Stock Units am 28.09.2025 gemäß dem geänderten und neu gefassten Aktienincentiveplan von 2011 vesteten und in Stammaktien umgewandelt wurden. Der Bericht zeigt, dass 249 und 45 Restricted Stock Units jeweils 1‑zu‑1 in Aktien vesteten und umgewandelt wurden, mit Dividendengleichwerten und einer Barabgabe für Bruchteilsaktien, die in den Gesamtsummen reflektiert sind.
Um die Steuerabzüge zu decken, wurden 90 Aktien und 17 Aktien (nicht am Markt verkauft) zu einem angegebenen Abzugspreis von $113.165 einbehalten. Nach den Transaktionen werden die wahren Eigentumsanteile der meldenden Person in der Einreichung fortlaufend als 16.158, 16.068, 16.113 und 16.096 Aktien aufgeführt.
Kristina K. Schake، نائبة الرئيس التنفيذي الأول ومدير الاتصالات في شركة والت ديزني (DIS)، أشارت إلى أن وحدات الأسهم المقيدة قد تحققت وتحولت إلى أسهم عادية في 28/09/2025 وفقاً لخطة الحوافز الأسهم لعام 2011 المعدلة والمراجعة. يبيّن التقرير أن 249 و 45 وحدة أسهم مقيدة تحققت وتحولت بنسبة 1‑إلى‑1 إلى أسهم، مع معادلات أرباح الأسهم وتخصم نقدي للكسور reflected في الإجمال.
لتلبية احتجاز الضرائب، تم حجز 90 سهماً و 17 سهماً (لم تُباع في السوق) بسعر حجز محدد قدره $113.165. بعد المعاملات، تُظهر إجماليات الملكية المستفيدة للمصرّح بشكل متسلسل كـ 16,158 سهمًا، 16,068 سهمًا، 16,113 سهمًا و 16,096 سهمًا في الإبلاغ.
Kristina K. Schake，迪士尼公司（DIS）高级执行副总裁兼首席传播官，表示根据公司修订并重述的2011年股票激励计划，受限股票单位在2025年9月28日归属并转换为普通股。报告显示共有249和45单位的受限股票按1比1转换成股票，包含股息等值和对于分额股的现金扣除，计入总额中。
为满足税务代扣，分别预扣了90股和17股（市场上未出售），代扣价格为$113.165。交易完成后，申报人的受益所有权总额在申报中按序显示为16,158、16,068、16,113和16,096股。
- Vesting of equity awards occurred, converting a total of 294 restricted stock units into common stock (249 and 45 units).
- Conversion ratio is 1-for-1, so each restricted stock unit became one share of Disney common stock.
- Withholding for taxes reduced issued shares by 107 (90 and 17 shares), lowering the net increase in outstanding shares for the reporting person.
- Withholding price disclosed ($113.165) indicates share value used for tax withholding calculations but does not reflect an open-market sale price.
Insights
TL;DR: Routine executive equity compensation vesting with tax-withholding; no open-market sales reported.
The Form 4 documents standard vesting of restricted stock units for a senior officer, converting units to common stock at a 1-for-1 rate. The withholding of 90 and 17 shares to satisfy tax obligations is an administrative adjustment and is described as not constituting market transactions. This filing does not indicate any change in control, unusual dilution, or public disposals that would be material to shareholder governance.
TL;DR: Compensation-related vesting recognized; impact limited to routine issuance and tax withholding.
The disclosure shows two vesting events totaling 294 restricted stock units converted to shares, including accrued dividend equivalents and fractional-share cash adjustment. The specified withholding at an indicated price of $113.165 reduced issued shares by 107 in aggregate. These are typical settlement mechanics for equity awards and represent compensation expense recognition rather than a liquidity event.
Kristina K. Schake, Senior Executive Vice President e Chief Communications Officer di The Walt Disney Company (DIS), ha comunicato che le unità di stock ristretti si sono vestite e convertite in azioni ordinarie il 28/09/2025, ai sensi del piano di incentivazione azionaria del 2011, come modificato e integrato. Il rapporto indica che 249 e 45 unità di stock ristretti si sono vestite e convertite 1‑a‑1 in azioni, con equivalenti di dividendi e una detrazione in contanti per frazioni riflessa nei totali.
Per coprire le ritenute fiscali, sono state trattenute 90 azioni e 17 azioni (non vendute sul mercato) a un prezzo di ritenuta indicato di $113.165. A seguito delle transazioni, i totali di proprietà beneficiaria della persona che segnala sono indicati in modo sequenziale come 16.158, 16.068, 16.113 e 16.096 azioni nel verbale.
Kristina K. Schake, ejecutiva de alto nivel y directora de Comunicaciones de The Walt Disney Company (DIS), informó que las unidades de acciones restringidas se vested y se convirtieron en acciones comunes el 28/09/2025 conforme al Plan de Incentivos de Acciones de 2011, en su versión enmendada. El informe muestra 249 y 45 unidades restringidas que se vestieron y convirtieron 1‑a‑1 en acciones, con equivalentes de dividendos y una deducción en efectivo por fracciones reflejadas en los totales.
Para satisfacer la retención fiscal, se retuvieron 90 acciones y 17 acciones (no vendidas en el mercado) a un precio de retención indicado de $113.165. Tras las transacciones, los totales de propiedad beneficiaria del informante se muestran secuencialmente como 16.158, 16.068, 16.113 y 16.096 acciones en el informe.
Kristina K. Schake, Disney의 수석 부사장 겸 최고 커뮤니케이션 책임자(CCO)는 회사의 수정 및 재정의된 2011년 주식 인센티브 계획에 따라 2025년 9월 28일에 제한 주식 단위가 vesting되어 보통주로 전환되었다고 보고했습니다. 보고서는 249 및 45개의 제한 주식 단위가 각각 1대1로 주식으로 vesting 및 전환되었으며 배당 등가액과 소수 주식에 대한 현금 차감이 합계에 반영되었다고 명시합니다.
세금 원천징수를 충당하기 위해 90주와 17주가 (시장에 매도되지 않음) 원천징수되었고, 원천징수 가격은 $113.165로 표시되었습니다. 거래 후 보고자의 유익한 소유 총계는 파일에 순차적으로 16,158, 16,068, 16,113, 16,096 주로 표시됩니다.
Kristina K. Schake, Senior Executive Vice President et Chief Communications Officer de The Walt Disney Company (DIS), a indiqué que des unités d’actions restreintes se sont acquises et converties en actions ordinaires le 28/09/2025, conformément au plan d’incitation d’actions de 2011 tel que modifié et révisé. Le rapport précise que 249 et 45 unités restreintes se sont acquises et converties 1‑pour‑1 en actions, avec des équivalents de dividendes et une retenue en espèces pour les fractions reflétées dans les totaux.
Pour satisfaire les retenues d’impôt, 90 actions et 17 actions ont été retenues (non vendues sur le marché) à un prix de retenue indiqué de $113.165. Après les transactions, les totaux de propriété bénéficiaire du déclarant sont affichés séquentiellement comme 16 158, 16 068, 16 113 et 16 096 actions dans le dépôt.
Kristina K. Schake, Senior Executive Vice President und Chief Communications Officer der Walt Disney Company (DIS), berichtete, dass Restricted Stock Units am 28.09.2025 gemäß dem geänderten und neu gefassten Aktienincentiveplan von 2011 vesteten und in Stammaktien umgewandelt wurden. Der Bericht zeigt, dass 249 und 45 Restricted Stock Units jeweils 1‑zu‑1 in Aktien vesteten und umgewandelt wurden, mit Dividendengleichwerten und einer Barabgabe für Bruchteilsaktien, die in den Gesamtsummen reflektiert sind.
Um die Steuerabzüge zu decken, wurden 90 Aktien und 17 Aktien (nicht am Markt verkauft) zu einem angegebenen Abzugspreis von $113.165 einbehalten. Nach den Transaktionen werden die wahren Eigentumsanteile der meldenden Person in der Einreichung fortlaufend als 16.158, 16.068, 16.113 und 16.096 Aktien aufgeführt.
FAQ
What transactions did Kristina K. Schake report for DIS?
How many restricted stock units converted to Disney shares?
Were any shares sold on the open market in this Form 4?
What was the withholding price used for tax purposes?
How many Disney shares does the reporting person beneficially own after these transactions?
