Walmart EVP has shares withheld for tax obligations
Walmart Inc. Executive Vice President Latriece Watkins had 316.794 shares of common stock withheld on April 7, 2026 to satisfy tax withholding obligations when restricted stock vested.
Rhea-AI Filing Summary
Walmart Inc. Executive Vice President Latriece Watkins had 316.794 shares of common stock withheld on April 7, 2026 to satisfy tax withholding obligations when restricted stock vested. This was a tax-related disposition by the company, not an open-market sale.
After this event, Watkins directly held 131,431.534 shares of Walmart common stock, with an additional 1,667.4008 shares held indirectly through a 401(k) plan, reflecting adjustments from an associate stock purchase plan and a dividend reinvestment plan.
Positive
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Insider Trade Summary
Exercise Price or Tax Liability: 316.794 shares
Exercise Price or Tax Liability
2 txns
Insider
Watkins Latriece
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common | 316.794 | $126.79 | $40K |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 131,431.534 shares (Direct);
Common — 1,667.4008 shares (Indirect, By 401(k) plan)
Footnotes (2)
- F1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
- F2. Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan and shares received under a dividend reinvestment plan.
Key Figures
Tax-withheld shares: 316.794 shares
Tax-withholding price: $126.79 per share
Direct holdings after transaction: 131,431.534 shares
+1 more
4 metrics
Tax-withheld shares
316.794 shares
Shares withheld to satisfy tax obligations on vested restricted stock on April 7, 2026
Tax-withholding price
$126.79 per share
Value used for the 316.794 withheld shares
Direct holdings after transaction
131,431.534 shares
Direct Walmart common stock held by Latriece Watkins after tax withholding
Indirect 401(k) holdings
1,667.4008 shares
Indirect Walmart common stock held through a 401(k) plan after balance adjustment
Key Terms
restricted stock, tax withholding obligations, dividend reinvestment plan, Associate Stock Purchase Plan, +1 more
5 terms
restricted stock financial
"Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock."
dividend reinvestment plan financial
"shares received under a dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Associate Stock Purchase Plan financial
"current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan"
A company program that lets employees buy the company’s shares at a discount, often through payroll deductions over a set offering period. Like a discount buying club for staff, it encourages workers to own a piece of the business, aligning their interests with shareholders and boosting retention. For investors, such plans can signal employee confidence and create steady demand for shares but may also slightly increase share count over time.
401(k) plan financial
"nature_of_ownership": "By 401(k) plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Walmart (WMT) Executive Vice President Latriece Watkins report in this Form 4?
Latriece Watkins reported that 316.794 Walmart common shares were withheld to cover tax obligations on vested restricted stock. This reduced her direct holdings slightly while reflecting a routine, non-market transaction rather than an open-market sale of shares.
Was the Walmart (WMT) Form 4 for Latriece Watkins a stock sale in the open market?
No, the Form 4 shows tax withholding, not an open-market sale. Walmart withheld 316.794 shares at $126.79 each to pay taxes due when restricted stock vested, a common administrative step in equity compensation plans.
What do the indirect Walmart (WMT) holdings in Latriece Watkins’ Form 4 represent?
The indirect holdings reflect 1,667.4008 Walmart shares held through a 401(k) plan. The balance is adjusted to reflect current shares in the Walmart 2016 Associate Stock Purchase Plan and shares accumulated via a dividend reinvestment plan associated with that account.
AI-generated analysis. How Rhea-AI works. Not financial advice.
