Disney (DIS) Sr. EVP Sonia L. Coleman Receives RSU Award; Shares Withheld

What Happened
Sonia L. Coleman, Senior Executive Vice President & Chief People Officer of The Walt Disney Company, had 1,181 restricted stock units (RSUs) vest and convert into common shares on July 17, 2026. To satisfy tax withholding, 559 of those shares were automatically withheld at $98.42 per share, representing $55,017. The filing shows the RSU conversion (reported under derivative/exercise code M) and the share withholding for taxes (code F); the withheld shares were not an open‑market sale.

Key Details

• Transaction date: July 17, 2026; Form 4 filed July 20, 2026 (timely; within SEC 2‑business‑day rule).
• Acquired: 1,181 shares via RSU conversion (code M).
• Disposed/withheld: 559 shares to cover taxes at $98.42/share = $55,017 (code F).
• Filing also reports a derivative conversion/disposition entry of 1,181 shares @ $0 — reflects RSU mechanics, not a cash sale.
• Shares owned after the transaction: not specified in the provided filing.
• Relevant footnotes: F1 — award vested in semi‑annual installments; F2 — RSUs convert 1-for-1; F3 — withheld shares discharged tax obligations and were not an open‑market sale; F4 — some shares held in the company 401(k) Stock Fund.

Context
This was a routine vesting of previously granted RSUs, not an independent market purchase or sell decision. The withholding of shares to cover taxes is common in net‑settlement of equity awards and does not necessarily indicate executive sentiment about the stock. The reporting codes (M for conversion/exercise and F for tax withholding) reflect the mechanical conversion and withholding process.