Walt Disney Co Director Michael B. G. Froman Awarded ~1,003 Shares in Quarterly Compensation

Overview

On October 2, 2026, Walt Disney Co ($DIS) filed a Form 4 disclosing that Director Michael B. G. Froman acquired 1,003.4 shares of Disney Common Stock on September 30, 2026. The transaction was valued at approximately $105,236.59 based on the reported price of $104.88 per share.

Transaction Details

• Transaction Code: A (Grant, award, or other acquisition under Rule 16b-3(d))
• Nature of Award: As detailed in Footnote 1, the transaction consists of:
  1. 350.6 stock units and/or shares credited under the Amended and Restated 2011 Stock Incentive Plan in lieu of quarterly cash retainer fees for Board services.
  2. 652.8 deferred stock units credited as a standard quarterly grant under the Plan.
• Direct Holdings Post-Transaction: 25,191.5 shares (reflecting deductions for cash paid in lieu of fractional shares).
• Indirect Holdings: 20 shares held via Trust.

Market Significance

This filing reflects routine quarterly director equity compensation and an election to take board retainer fees in equity units rather than cash. It does not represent open-market purchasing or selling activity, making its trading significance Low.