secwatch.observer — SEC 8-K summary
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Issuer:     Walt Disney Co (DIS)
CIK:        0001744489
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001744489-25-000149
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Disney extends CFO Johnston's contract to Jan 2029, boosts LTI target to $16.5M
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- Hugh Johnston's employment term extended to January 31, 2029 (from prior end date).
- Target annual long-term equity incentive award increased to $16,500,000 starting FY2026.
- Base salary ($2M) and target annual bonus unchanged under amended agreement.
- Equity awards from Jan 2025 and FY2026 will continue vesting if termination occurs on/after Dec 31, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1744489/000174448925000149/0001744489-25-000149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1744489/000174448925000149/dis-20251110.htm
  HTML page:      https://secwatch.observer/filing/0001744489-25-000149

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer