Coleman Sonia L 4

4 · Walt Disney Co · Filed Jun 24, 2026

AI-generated summary of this filing

Updated Jun 24, 2026

Disney (DIS) Sonia Coleman Exercises RSUs, Withholds Shares

What Happened

Sonia L. Coleman, Senior Executive Vice President & Chief People Officer at The Walt Disney Company, had 1,719.812 restricted stock units (performance-based RSUs) satisfied/award-adjusted on June 22, 2026 and the units converted into common stock. Following conversion, 291 shares were automatically withheld to cover tax withholding obligations (tax withholding valued at $29,950 at $102.92/share). The transactions were reported on a Form 4 filed June 24, 2026.

Key Details

Transaction dates: RSU award/performance determination on 2026-06-22; conversion/exercise and withholding on 2026-06-23; Form 4 filed 2026-06-24.
Award amount: 1,719.812 restricted stock units (performance RSUs satisfied as to that amount).
Tax withholding: 291 shares withheld @ $102.92 = $29,950 (automatic withholding, not an open-market sale).
Conversion: RSUs convert 1-for-1 into common stock (derivative exercise/conversion entries reported).
Shares owned after transaction: Not specified in the provided extract (filing notes some shares held in The Walt Disney Stock Fund as of 6/23/2026).
Footnotes: Award was performance-based (satisfaction/adjustment recorded); RSUs vest/convert per plan; withheld shares discharge tax obligations and are not a market sale.
Timeliness: Filing dated 6/24/2026 reporting 6/22–6/23 transactions — appears timely (Form 4 filed within required period).

Context

These were restricted stock units (derivative awards) that vested/converted into common stock; the withholding of shares to cover taxes is routine and does not represent an open-market sale.
For retail investors, this is not an outright purchase signaling additional bullish insider buying — it is compensation-related conversion and tax withholding.

Form 4

Period: 2026-06-22

Sr. EVP & Chief People Officer

Transactions

Exercise/Conversion
Disney Common Stock
[F1][F2]
2026-06-23+809→ 811 total
Tax Payment
Disney Common Stock
[F3]
2026-06-23$102.92/sh−291$29,950→ 520 total
Award
Restricted Stock Unit
[F2][F5][F6]
2026-06-22+1,719.812→ 4,079.704 total
Exp: 2026-06-23→ Disney Common Stock (1,719.812 underlying)
Exercise/Conversion
Restricted Stock Unit
[F2][F1]
2026-06-23−809→ 0 total
→ Disney Common Stock (809 underlying)

Holdings

Footnotes (6)

[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 three substantially equal annual installments, which began on June 23, 2024. Includes dividend equivalents accrued on the award.
[F2]Restricted stock units convert into common stock at 1-for-1.
[F3]The 291 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]Shares held in The Walt Disney Stock Fund as of June 23, 2026. The Fund is one investment option in the 401(k) Plan and contains Company matching contributions.
[F5]Restricted stock units were awarded during the Company's 2023 fiscal year and were subject to performance conditions, which were satisfied as to 1,719.8123 shares (including an adjustment to reflect the extent to which applicable performance criteria were met and accumulated dividend equivalents) on June 22, 2026.
[F6]The stock unit award vests on the expiration date.

Signature

/s/ Karen Young, as attorney-in-fact|2026-06-24

4 files