Walmart (NYSE: WMT) EVP Daniel Danker files Form 4 stock trades details

Rhea-AI Filing Summary

Walmart Inc. Executive Vice President Daniel Danker reported several stock transactions in company common shares. On January 13, 2026, 2,507.453 shares were withheld at $117.97 per share to cover tax obligations tied to vesting restricted stock. On January 14, 2026, he received a grant of 18,627 shares of restricted stock at $0, scheduled to vest in three roughly equal installments in 2027, 2028, and 2029. That same day, he sold 4,365 shares at $120.19 per share under a pre-established Rule 10b5-1 trading plan. After these transactions, he directly held 238,582.547 Walmart shares.

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).

X

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^*

Danker Daniel

(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)
	Executive Vice President

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		2,507.453(1)	D	$117.97	224,320.547	D
Common	01/14/2026		A		18,627(2)	A	$0	242,947.547	D
Common	01/14/2026		S		4,365(3)	D	$120.19	238,582.547	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.

3. This sale was executed pursuant to a Rule 10b5-1 plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on September 19, 2025.

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.
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 activity did Walmart (WMT) report for Daniel Danker?

Walmart reported that Executive Vice President Daniel Danker had tax-withholding share reductions, a new restricted stock grant, and an open-market share sale under a Rule 10b5-1 plan.

How many Walmart shares did Daniel Danker sell in this Form 4 filing for WMT?

Daniel Danker sold 4,365 shares of Walmart common stock at a price of $120.19 per share on January 14, 2026, pursuant to a Rule 10b5-1 trading plan.

What restricted stock did Daniel Danker receive from Walmart (WMT)?

On January 14, 2026, Daniel Danker was granted 18,627 shares of restricted stock, scheduled to vest in approximately equal installments on January 12, 2027, January 11, 2028, and January 9, 2029.

Why were some Walmart (WMT) shares withheld from Daniel Danker in this Form 4?

A total of 2,507.453 shares were withheld on January 13, 2026 to satisfy tax withholding obligations when previously granted restricted stock vested.

How many Walmart (WMT) shares does Daniel Danker hold after these transactions?

Following the reported transactions, Daniel Danker directly beneficially owned 238,582.547 shares of Walmart common stock.

Was Daniel Danker’s Walmart (WMT) stock sale part of a 10b5-1 trading plan?

Yes. The 4,365-share sale on January 14, 2026 was executed under a Rule 10b5-1 plan that was entered into during an open trading window and previously disclosed on Form 8-K.