Kristina K. Schake - Sep 28, 2025 Form 4 Insider Report for Walt Disney Co (DIS)

Role: Sr. EVP and Chief Comm Officer
Signature: /s/ Carla J. Silva, as attorney-in-fact
Stock symbol: DIS
Transactions as of: Sep 28, 2025
Transactions value $: -$12,109
Form type: 4
Date filed: 9/30/2025, 02:56 PM
Previous filing: Sep 23, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Schake Kristina K	Sr. EVP and Chief Comm Officer	500 SOUTH BUENA VISTA STREET, BURBANK	/s/ Carla J. Silva, as attorney-in-fact	2025-09-30	0001935127

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DIS	Disney Common Stock	Options Exercise		+249	+1.57%		16.2K	Sep 28, 2025	Direct	F1, F2
transaction	DIS	Disney Common Stock	Tax liability	-$10.2K	-90	-0.56%	$113.17	16.1K	Sep 28, 2025	Direct	F3
transaction	DIS	Disney Common Stock	Options Exercise		+45	+0.28%		16.1K	Sep 28, 2025	Direct	F2, F4
transaction	DIS	Disney Common Stock	Tax liability	-$1.92K	-17	-0.11%	$113.17	16.1K	Sep 28, 2025	Direct	F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-249	-100%	$0.00	0	Sep 28, 2025	Disney Common Stock	249		Direct	F1, F2
transaction	DIS	Restricted Stock Unit	Options Exercise	$0	-45	-100%	$0.00	0	Sep 28, 2025	Disney Common Stock	45		Direct	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vesting of restricted stock units granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan, previously reported on a Form 4 filed on September 23, 2025 and a Form 4 filed on December 3, 2024. The total also reflects a deduction for cash paid in lieu of fractional shares upon conversion of previously-granted units to shares and includes dividend equivalents accrued on the award.
F2	Restricted stock units convert into common stock at 1-for-1.
F3	The 90 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.
F4	Vesting of restricted stock units granted under The Walt Disney Company's Amended and Restated 2011 Stock Incentive Plan. The award is fully vested.
F5	The 17 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.