Walmart (NYSE: WMT) CEO awarded 109,328 performance stock units

Rhea-AI Filing Summary

Walmart Inc. President & CEO John R. Furner reported an award of 109,328 shares of Walmart common stock on March 9, 2026, classified as a grant or other acquisition. These represent restricted stock units earned based on performance goals for the one-year period ended January 31, 2026.

The restricted stock units are scheduled to vest on January 31, 2028, if he remains employed by Walmart on that date. Following the grant, Furner directly holds 700,411.77 shares of Walmart common stock, with additional indirect holdings of 5,651.1865 shares through a 401(k) plan and 132,850 shares through a spousal trust.

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

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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^*

Furner John R.

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		A		109,328(1)	A	$0	700,411.77	D
Common								5,651.1865	I	By 401(k) plan
Common								132,850	I	By Spousal Trust

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 restricted stock units earned by Reporting Person upon achievement of performance goals for the one-year period ended Jan. 31, 2026, as certified by the Compensation and Management Development Committee on March 9, 2026. The restricted stock units are scheduled to vest Jan. 31, 2028, if Reporting Person remains employed by the Issuer on that date.

Remarks:

	/s/ Dirk Gardner, by power of attorney	03/11/2026
	** 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 did Walmart (WMT) executive John R. Furner report in this Form 4?

John R. Furner reported receiving 109,328 shares of Walmart common stock as a grant. These are restricted stock units earned for performance over the year ended January 31, 2026, and are scheduled to vest on January 31, 2028, subject to continued employment.

What type of Walmart equity award did John R. Furner receive?

He received 109,328 restricted stock units linked to Walmart common stock. The units were earned upon achieving performance goals for the one-year period ended January 31, 2026, and will vest on January 31, 2028 if he remains employed by Walmart.

When do John R. Furner’s new Walmart restricted stock units vest?

The restricted stock units are scheduled to vest on January 31, 2028. Vesting requires that John R. Furner remain employed by Walmart Inc. through that date, tying the award to his ongoing service with the company over the vesting period.

How many Walmart shares does John R. Furner hold after this grant?

After the grant, he directly holds 700,411.77 Walmart common shares. He also has indirect holdings of 5,651.1865 shares through a 401(k) plan and 132,850 shares through a spousal trust, as reflected in the Form 4 filing’s ownership details.

Is John R. Furner’s Walmart Form 4 transaction an open-market purchase or sale?

The filing shows a grant classified as a “Grant, award, or other acquisition,” not an open-market trade. The 109,328 shares represent restricted stock units earned for performance, with no stated purchase price and future vesting based on continued employment.

What performance period is tied to John R. Furner’s Walmart restricted stock units?

The restricted stock units were earned based on performance goals for the one-year period ended January 31, 2026. The Compensation and Management Development Committee certified the achievement of these goals on March 9, 2026, leading to the award reflected in the Form 4.