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Walt Disney EVP Brent Woodford sells 3,618 shares

The plan was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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Form Type
4

Rhea-AI Filing Summary

Walt Disney Co executive Brent Woodford (EVP, Control, Fin Plan & Tax) exercised 3,618 fully vested stock options at $105.21 per share on November 4, 2026, acquiring 3,618 Disney common shares and selling 3,618 shares at $117.00 each. The exercise and sale were made under a Rule 10b5-1(c) plan adopted February 24, 2026. His reported option position after exercise was 0. Reported indirect holdings included 100 shares held by his spouse in an IRA and 293.747 shares in the Walt Disney Stock Fund through the 401(k) Plan, as of November 4, 2026; the fund includes company matching contributions.

Insider WOODFORD BRENT
Role EVP, Control, Fin Plan & Tax
Sold 3,618 shs ($423K)
Approx. gross sale proceeds $423K
Approx. exercise cost $381K
Approx. pre-tax spread $43K
Type Security Shares Price Value
Exercise Stock Option (Right-to-Buy) F1, F3 3,618 $0.00 $0.00
Exercise Disney Common Stock F1 3,618 $105.21 $381K
Sale Disney Common Stock F1 3,618 $117.00 $423K
Holding Disney Common Stock -- -- --
Holding Disney Common Stock F2 -- -- --
Holdings After Transaction: Stock Option (Right-to-Buy) — 0 contracts (Direct); Disney Common Stock — 62,995 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 November 4, 2026. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
  3. F3. The award is fully vested.
Stock options exercised 3,618 options November 4, 2026
Exercise price $105.21 per share Options exercised November 4, 2026
Common shares sold 3,618 shares November 4, 2026
Sale price $117.00 per share November 4, 2026
Option position after exercise 0 options Following the November 4, 2026 exercise
Indirect 401(k) holding 293.747 shares Walt Disney Stock Fund as of November 4, 2026
Indirect spouse IRA holding 100 shares Held by spouse in an IRA
Rule 10b5-1(c) regulatory
"plan 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.
affirmative defense conditions regulatory
"intended to satisfy the affirmative defense conditions"
fully vested technical
"The award is fully vested."
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.

FAQ

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

How many DIS shares did Brent Woodford sell, and at what price?

Brent Woodford sold 3,618 Disney common shares at $117.00 per share on November 4, 2026, after exercising 3,618 fully vested stock options at an exercise price of $105.21 per share.

Was Brent Woodford's Disney stock transaction made under a 10b5-1 plan?

Yes. The transactions were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), adopted by Brent Woodford on February 24, 2026.

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

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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).
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Control, Fin Plan & Tax
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/04/2026
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 Stock11/04/2026M3,618(1)A$105.2166,613D
Disney Common Stock11/04/2026S3,618(1)D$11762,995D
Disney Common Stock100IBy Spouse in IRA
Disney Common Stock293.747(2)IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right-to-Buy)$105.2111/04/2026M3,618(1) (3)12/21/2026Disney Common Stock3,618$00D
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 November 4, 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-fact11/05/2026
** 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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