Form 4: Chang Amy reports purchase transactions in DIS

Rhea-AI Filing Summary

Chang Amy reported open-market purchase transactions in a Form 4 filing for DIS. The filing lists transactions totaling 916 shares at a weighted average price of $107.85 per share. Following the reported transactions, holdings were 14,720 shares.

Insider Trade Summary

Net Buyer: 916 shares ($98,791)

Net Buy 2 txns

Insider Chang Amy

Role Director

Bought 916 shs ($99K)

Type	Security	Shares	Price	Value
Purchase	Disney Common Stock	916	$107.85	$99K
holding	Disney Common Stock	--	--	--

Holdings After Transaction: Disney Common Stock — 14,720.1 shares (Direct); Disney Common Stock — 120 shares (Indirect, By Trust)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chang Amy

(Last) (First) (Middle)

500 SOUTH BUENA VISTA STREET

(Street)

BURBANK CA 91521

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Walt Disney Co [ DIS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Disney Common Stock	02/12/2026		P		916	A	$107.85(1)	14,720.1	D
Disney Common Stock								120	I	By Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The purchase price of $107.85 has been converted from NZD 180.1541458 based on the exchange rate of NZD 1.00 to USD 0.598654 as of February 12, 2026.

Remarks:

	/s/ Carla J. Silva, as attorney-in-fact	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Disney (DIS) director Amy Chang report?

Amy Chang reported an open-market purchase of Disney common stock. She bought 916 shares on February 12, 2026 at a reported price of $107.85 per share, increasing her total direct and indirect holdings in the company.

At what price did Amy Chang buy Disney (DIS) shares on February 12, 2026?

Amy Chang’s reported purchase price was $107.85 per Disney share. The filing explains this was converted from NZD 180.1541458 using an exchange rate of NZD 1.00 to USD 0.598654 as of February 12, 2026.

How many Disney (DIS) shares does Amy Chang own after the reported transaction?

After the reported transaction, Amy Chang directly owned 14,720.1 Disney common shares. The filing also shows an additional 120 shares held indirectly through a trust, indicating both direct and trust-based beneficial ownership positions.

What type of transaction is shown in Amy Chang’s Disney (DIS) Form 4?

The Form 4 shows an open-market purchase of Disney common stock. The transaction code is “P,” which the filing describes as a purchase in an open market or private transaction, covering 916 shares on February 12, 2026.

Does Amy Chang have indirect ownership of Disney (DIS) shares?

Yes. In addition to her direct holdings, the filing lists 120 Disney common shares as indirectly owned. These are identified with ownership type “I” and described as held “By Trust,” indicating beneficial ownership through a trust arrangement.

Why does the Disney (DIS) Form 4 mention New Zealand dollars and an exchange rate?

The Form 4 explains that the $107.85 per-share purchase price was converted from NZD 180.1541458. It uses an exchange rate of NZD 1.00 to USD 0.598654 as of February 12, 2026 to present the U.S. dollar value.