Walt Disney executive vests 955 RSUs, withholds shares
Walt Disney Co Sr EVP and Chief Communications Officer Paul M. Roeder reported the vesting and 1-for-1 conversion of 955 restricted stock units into Disney common stock on July 17, 2026, from a prior equity award.
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Form Type
4
Rhea-AI Filing Summary
Walt Disney Co Sr EVP and Chief Communications Officer Paul M. Roeder reported the vesting and 1-for-1 conversion of 955 restricted stock units into Disney common stock on July 17, 2026, from a prior equity award. To satisfy tax withholding obligations, 343 shares were automatically withheld at $98.42 per share, not sold in the open market.
Insider Trade Summary
955 shares exercised/converted
Exercise
3 txns
Insider
Roeder Paul M
Role
Sr EVP and Chief Comm Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F1 | 955 | $0.00 | $0.00 |
| Exercise | Disney Common Stock F1, F2 | 955 | -- | -- |
| Tax Withholding | Disney Common Stock F3 | 343 | $98.42 | $34K |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Disney Common Stock — 3,593 shares (Direct)
Footnotes (3)
- F1. Vesting of restricted stock units previously granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award vested in six substantially equal semi-annual installments, which began on January 17, 2024. Includes dividend equivalents accrued on the award.
- F2. Restricted stock units convert into common stock at 1-for-1.
- F3. The 343 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.
Key Figures
RSUs converted: 955 shares
Shares withheld for taxes: 343 shares
Tax withholding price: $98.42 per share
+2 more
5 metrics
RSUs converted
955 shares
Restricted stock units converted into Disney common stock on July 17, 2026
Shares withheld for taxes
343 shares
Shares automatically reduced to discharge withholding tax obligations
Tax withholding price
$98.42 per share
Per-share value applied to 343 withheld Disney shares for tax purposes
Vesting installments
Six semi-annual installments
Award vested in six substantially equal semi-annual installments beginning January 17, 2024
Conversion ratio
1-for-1
Restricted stock units convert into Disney common stock at a 1-for-1 ratio
Key Terms
Restricted Stock Unit, dividend equivalents, withholding tax obligations
3 terms
Restricted Stock Unit financial
"Vesting of restricted stock units previously granted under The Walt Disney"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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.
withholding tax obligations financial
"to discharge withholding tax obligations of reporting person and do not"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DIS executive Paul M. Roeder report?
Paul M. Roeder reported the vesting and 1-for-1 conversion of 955 restricted stock units into Disney common stock. These RSUs came from a prior equity award and vested according to a preset schedule under The Walt Disney Company’s Amended and Restated 2011 Stock Incentive Plan.
What does the 1-for-1 RSU conversion mean for Walt Disney Co (DIS)?
A 1-for-1 RSU conversion means each restricted stock unit converts into one share of Disney common stock when it vests. In this case, 955 RSUs converted into 955 common shares, reflecting a direct, one-to-one increase in issued shares to the reporting person.
Which Disney compensation plan governed Paul Roeder’s RSUs reported in this DIS Form 4?
The RSUs were granted under The Walt Disney Company’s Amended and Restated 2011 Stock Incentive Plan. The filing notes that the award vested in six substantially equal semi-annual installments beginning January 17, 2024, and that dividend equivalents were accrued on the award.
Did Paul Roeder’s Walt Disney (DIS) Form 4 show any open-market stock sales?
The filing does not show any open-market sales. It explains that the 343-share disposition was an automatic reduction in shares issued to cover withholding tax obligations and "does not constitute an actual sale or other open-market transaction," according to the footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
