Coleman Sonia L 4

What Happened Sonia L. Coleman, Senior Executive Vice President & Chief People Officer of The Walt Disney Company, sold 2,473 shares in an open-market transaction on January 22, 2026. The shares were disposed at $114.00 per share for a total transaction value of $281,922. This was a sale (S) rather than a purchase.

Key Details

• Transaction date and price: 2026-01-22 at $114.00 per share.
• Shares sold: 2,473; Total proceeds: $281,922.
• Transaction type: Open-market sale reported on Form 4.
• Plan note: Reported as made pursuant to a Rule 10b5-1 trading plan adopted by Ms. Coleman on May 23, 2025 (Footnote F1).
• Additional holding note: Footnote F2 indicates shares held in The Walt Disney Stock Fund (a 401(k) plan option with company matching) as of Jan 22, 2026.
• Filing timeliness: Form 4 was filed Jan 23, 2026 (the day after the transaction), which is within the standard two-business-day Form 4 reporting window.

Context A sale executed under a pre-established 10b5-1 plan generally indicates the trade followed a pre-set instruction rather than a contemporaneous decision based on material nonpublic information. Footnote F2 clarifies some holdings are in a company 401(k) fund and include employer matching contributions; that is separate from the reported open-market sale. This Form 4 reports a routine insider sale and does not, by itself, indicate management sentiment about Disney’s stock.