Form 4 for DIS Walt Disney Company (The)
Accepted 2023-12-19 00:00:00 ET · period of report 2023-12-15 · accession 0001744489-23-000266 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-19 | 2023-12-18 | DIS | WOODFORD BRENT | EVP, Control, Fin Plan, Tax | S - Sale+OE | $92.99 | -18.8K | 33.6K | -36% | -$1.75M |
| DM | 2023-12-19 | 2023-12-15+ | DIS | WOODFORD BRENT | EVP, Control, Fin Plan, Tax | M - OptEx | $72.59 | +22.4K | 34.5K | +184% | +$1.62M |
| DM | 2023-12-19 | 2023-12-15+ | DIS | WOODFORD BRENT | EVP, Control, Fin Plan, Tax | F - Tax | $93.44 | -1,351 | 33.6K | -4% | -$126.2K |
| DM | 2023-12-19 | 2023-12-15+ | DIS | WOODFORD BRENT | EVP, Control, Fin Plan, Tax | M - OptEx | $0.00 | -22.4K | 0 | -100% | $0 |
| DM | 2023-12-19 | 2023-12-15 | DIS | WOODFORD BRENT | EVP, Control, Fin Plan, Tax | A - Grant | $0.00 | +30.3K | 13.5K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Disney Common Stock | 2023-12-18 | S | D | 18,788 | $92.99 | 33,586 | D | — | — | (F6) This transaction 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 December 2, 2022. |
| 2 | Common | Disney Common Stock | 2023-12-18 | M | A | 18,788 | $72.59 | 52,374 | D | — | — | (F6) This transaction 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 December 2, 2022. |
| 3 | Common | Disney Common Stock | 2023-12-15 | M | A | 1,114 | — | 32,475 | D | — | — | (F1) Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The remaining stock units vest as to 1,115 stock units on June 15, 2024; as to 1,114 stock units on December 15, 2024 and June 15, 2025; and as to 1,115 stock units on December 15, 2025. (F2) Restricted stock units convert into common stock at 1-for-1. |
| 4 | Common | Disney Common Stock | 2023-12-17 | M | A | 2,462 | — | 34,498 | D | — | — | (F4) Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. (F2) Restricted stock units convert into common stock at 1-for-1. |
| 5 | Common | Disney Common Stock | 2023-12-15 | F | D | 439 | $93.44 | 32,036 | D | — | — | (F3) The 439 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. |
| 6 | Common | Disney Common Stock | 2023-12-17 | F | D | 912 | $93.44 | 33,586 | D | — | — | (F5) The 912 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. |
| 7 | Derivative | Restricted Stock Unit | 2023-12-15 | M | D | 1,114 | $0.00 | 4,458 | D | — · — to — | 1,114 Disney Common Stock | (F2) Restricted stock units convert into common stock at 1-for-1. (F1) Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The remaining stock units vest as to 1,115 stock units on June 15, 2024; as to 1,114 stock units on December 15, 2024 and June 15, 2025; and as to 1,115 stock units on December 15, 2025. |
| 8 | Derivative | Stock Option (Right-to-Buy) | 2023-12-18 | M | D | 18,788 | $0.00 | 0 | D | $72.59 · — to 2023-12-19 | 18,788 Disney Common Stock | (F6) This transaction 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 December 2, 2022. (F10) The option is fully vested. |
| 9 | Derivative | Restricted Stock Unit | 2023-12-17 | M | D | 2,462 | $0.00 | 0 | D | — · — to 2023-12-17 | 2,462 Disney Common Stock | (F2) Restricted stock units convert into common stock at 1-for-1. (F4) Vesting of shares connected with grant under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. |
| 10 | Derivative | Stock Option (Right-to-Buy) | 2023-12-15 | A | A | 16,849 | $0.00 | 16,849 | D | $93.44 · — to 2033-12-15 | 16,849 Disney Common Stock | (F8) Option was granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The option is scheduled to vest as to 2,808 shares on each June 15 of 2024 through 2026; as to 2,808 shares on each December 15 of 2024 and 2025; and as to 2,809 shares on December 15, 2026. |
| 11 | Derivative | Restricted Stock Unit | 2023-12-15 | A | A | 13,485 | $0.00 | 13,485 | D | — · — to 2026-12-15 | 13,485 Disney Common Stock | (F2) Restricted stock units convert into common stock at 1-for-1. (F9) This restricted stock unit award was granted under the Company's Amended and Restated 2011 Stock Incentive Plan in a transaction exempt under Rule 16(b)-3. The award is scheduled to vest as to 2,247 stock units on June 15, 2024; as to 2,248 stock units on December 15, 2024; as to 2,247 stock units on each June 15 of 2025 and 2026; and as to 2,248 stock units on each December 15 of 2025 and 2026. |