(CNN) Wes Studi is set to make Oscar history.

Studi, who is of Cherokee descent, will become the first Native American actor to receive an Oscar. The golden statuette will be awarded October 27 at the 11th annual Governors Awards.

Directors The honorary Oscar is one of four that will be presented.Directors David Lynch and Lina Wertmüller also will be honored, and actress Geena Davis will receive the Jean Hersholt Humanitarian Award.

Studi is the first Native American to receive the honorary award. Buffy Sainte-Marie, the indigenous Canadian singer-songwriter, shared a best original song Oscar for "Up Where We Belong" from "An Officer and a Gentleman" (1982).

Studi starred in the 1990 film "Dances With Wolves" and went on to appear in more than 40 films, including "The Last of the Mohicans," "Geronimo: An American Legend," and more recently "Hostiles" and "A Dog's Way Home."

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