Disney Executive's Restricted Stock Units Vest with Tax Reduction
Brent Woodford, EVP of Control, Finance Planning and Tax at Walt Disney Co (DIS), saw his 1,060 restricted stock units vest on September 23, 2026. The units converted one-for-one into 1,060 common shares.
The vesting triggered an automatic reduction of 393 shares to discharge Woodford's withholding tax obligations. This was not an actual sale or open-market transaction.