Disney EVP sells 7,238 shares after option exercise

Walt Disney Co executive Brent Woodford (EVP, Control, Financial Planning & Tax) reported an option exercise and share sale in Disney (DIS).

Rhea-AI Filing Summary

Walt Disney Co executive Brent Woodford (EVP, Control, Financial Planning & Tax) reported an option exercise and share sale in Disney (DIS). On August 14, 2026, he exercised 7,238 stock options at an exercise price of $105.21 per share, acquiring the same number of Disney common shares. He then sold 7,238 shares at a price of $105.31 per share. After the option exercise, he held 14,472 stock options directly. Indirect holdings include 100 shares held by his spouse in an IRA and 293.747 shares in The Walt Disney Stock Fund within a 401(k) Plan as of August 14, 2026. These transactions were carried out under a Rule 10b5-1(c) trading plan adopted on February 24, 2026, and the option award is reported as fully vested.

Insider Trade Summary 10b5-1

Exercise and Sale: 7,238 shares ($723.80 approx. pre-tax spread)

Exercise and Sale 5 txns

Insider WOODFORD BRENT

Role EVP, Control, Fin Plan & Tax

Sold 7,238 shs ($762K)

Approx. gross sale proceeds $762K

Approx. exercise cost $762K

Approx. pre-tax spread $723.80

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right-to-Buy) F1, F3	7,238	$0.00	$0.00
Exercise	Disney Common Stock F1	7,238	$105.21	$762K
Sale	Disney Common Stock F1	7,238	$105.31	$762K
holding	Disney Common Stock	--	--	--
holding	Disney Common Stock F2	--	--	--

Holdings After Transaction: Stock Option (Right-to-Buy) — 14,472 contracts (Direct); Disney Common Stock — 62,323 shares (Direct); Disney Common Stock — 100 shares (Indirect, By Spouse in IRA); Disney Common Stock — 293.747 shares (Indirect, By 401(k))

Footnotes (3)

1. F1. The transaction reported on this Form 4 was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) previously adopted by the reporting person on February 24, 2026.
2. F2. Shares held in The Walt Disney Stock Fund as of August 14, 2026. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
3. F3. The award is fully vested.

Key Figures

Options Exercised: 7,238 shares Exercise Price: $105.21 per share Shares Sold: 7,238 shares +5 more

8 metrics

Options Exercised 7,238 shares Stock options exercised on August 14, 2026

Exercise Price $105.21 per share Exercise price of stock options for 7,238 shares

Shares Sold 7,238 shares Disney common stock sold on August 14, 2026

Sale Price $105.31 per share Price for 7,238 Disney common shares sold

Options Held After Transaction 14,472 options Direct stock option holdings following the exercise

Indirect Spousal IRA Holdings 100 shares Disney common stock held by spouse in IRA

401(k) Disney Stock Fund Holdings 293.747 shares Units in The Walt Disney Stock Fund as of August 14, 2026

Option Expiration Date December 21, 2026 Expiration of the exercised stock option award

Key Terms

Rule 10b5-1(c), Stock Option (Right-to-Buy), 401(k) Plan, The Walt Disney Stock Fund

4 terms

Rule 10b5-1(c) regulatory

"intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)"

Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.

Stock Option (Right-to-Buy) financial

"security_title: Stock Option (Right-to-Buy)"

401(k) Plan financial

"The Fund is one investment option in the 401(k) Plan"

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.

The Walt Disney Stock Fund financial

"Shares held in The Walt Disney Stock Fund as of August 14, 2026"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions did DIS executive Brent Woodford report on this Form 4?

Brent Woodford reported exercising 7,238 stock options at $105.21 per share and then selling 7,238 Disney common shares at $105.31 per share on August 14, 2026, as part of a pre-established trading plan.

How many Disney (DIS) shares did Brent Woodford sell and at what price?

He sold 7,238 Disney common shares at a price of $105.31 per share. These shares came from the exercise of stock options on the same date, and the sale was executed under a Rule 10b5-1(c) trading plan.

What stock options did Brent Woodford exercise in this DIS Form 4?

Woodford exercised 7,238 stock options with an exercise price of $105.21 per share, converting them into Disney common stock. The related award is described as fully vested, and 14,472 options remained held directly after this transaction.

Were Brent Woodford’s DIS transactions made under a Rule 10b5-1 plan?

Yes. The filing states the transactions were made under a Rule 10b5-1(c) contract or plan adopted on February 24, 2026. This indicates the trades were pre-arranged, which can limit the informational value of their timing.

What are Brent Woodford’s reported indirect holdings of Disney (DIS) shares?

He reports indirect ownership of 100 shares held by his spouse in an IRA and 293.747 shares in The Walt Disney Stock Fund within a 401(k) Plan as of August 14, 2026, in addition to his direct positions.

What option position remained after Brent Woodford’s DIS option exercise?

After exercising options for 7,238 shares, Woodford’s remaining option holdings are reported as 14,472 stock options directly owned. The underlying award is noted as fully vested, meaning it is no longer subject to vesting conditions.

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

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Accepted by SEC EDGAR 08/17/2026 - 06:08 PM EDT Learn about SEC filing dates

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).

X

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^*

WOODFORD BRENT

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Control, Fin Plan & Tax

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

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)
			Code	V	Amount	(A) or (D)	Price
Disney Common Stock	08/14/2026		M		7,238(1)	A	$105.21	69,561	D
Disney Common Stock	08/14/2026		S		7,238(1)	D	$105.31	62,323	D
Disney Common Stock								100	I	By Spouse in IRA
Disney Common Stock								293.747(2)	I	By 401(k)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right-to-Buy)	$105.21	08/14/2026		M			7,238(1)	(3)	12/21/2026	Disney Common Stock	7,238	$0	14,472	D

Explanation of Responses:

1. The transaction reported on this Form 4 was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) previously adopted by the reporting person on February 24, 2026.

2. Shares held in The Walt Disney Stock Fund as of August 14, 2026. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.

3. The award is fully vested.

Remarks:

	/s/ Karen Young, as attorney-in-fact	08/17/2026
	** 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)