Walmart (NYSE: WMT) CTO reports new restricted stock grant

Rhea-AI Filing Summary

Walmart Inc. Chief Technology Officer Kumar Suresh reported two stock-related transactions in Walmart common stock. On January 13, 2026, 15,687.016 shares were withheld at a price of $117.97 to cover tax obligations tied to the vesting of restricted stock, leaving him with 1,771,513.376 directly held shares. On January 14, 2026, he received a grant of 27,941 shares of restricted stock at $0 per share, increasing his directly held beneficial ownership to 1,799,454.376 shares.

The newly granted restricted stock is scheduled to vest in approximately equal installments on January 12, 2027, January 11, 2028, and January 9, 2029, aligning the CTO’s compensation with longer-term company performance.

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

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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^*

Kumar Suresh

(Last) (First) (Middle)

1 CUSTOMER DRIVE

(Street)

BENTONVILLE AR 72716

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Walmart Inc. [ WMT ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

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
Common	01/13/2026		F		15,687.016(1)	D	$117.97	1,771,513.376	D
Common	01/14/2026		A		27,941(2)	A	$0	1,799,454.376	D

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. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.

2. Restricted stock granted on January 14, 2026, scheduled to vest in approximately equal installments on January 12, 2027, January 11, 2028, and January 9, 2029.

Remarks:

	/s/ Dirk Gardner, by power of attorney	01/15/2026
	** 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.
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FAQ

What insider transactions did Walmart (WMT) report for CTO Kumar Suresh?

The filing shows that Chief Technology Officer Kumar Suresh had 15,687.016 Walmart common shares withheld on January 13, 2026 to cover taxes on vested restricted stock and received a grant of 27,941 restricted shares on January 14, 2026.

How many Walmart (WMT) shares does the CTO own after these transactions?

After the reported transactions, Kumar Suresh beneficially owns 1,799,454.376 shares of Walmart common stock, held directly.

Why were 15,687.016 Walmart shares withheld from the CTO?

The 15,687.016 shares were withheld to satisfy tax withholding obligations that arose when previously granted restricted stock vested.

What are the terms of the 27,941 restricted Walmart shares granted to the CTO?

The filing states that 27,941 restricted shares were granted on January 14, 2026 and are scheduled to vest in approximately equal installments on January 12, 2027, January 11, 2028, and January 9, 2029.

Were the newly granted Walmart restricted shares purchased for cash?

No. The 27,941 restricted shares were reported with a transaction price of $0 per share, indicating they were granted as equity compensation rather than purchased.

Is the Walmart CTO’s ownership reported as direct or indirect?

The filing shows the CTO’s beneficial ownership of Walmart common stock as direct (D), with no separate entity listed for indirect ownership.