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Walmart EVP Dallaire has 386.619 shares withheld for tax

Walmart Executive Vice President Seth Dallaire reported a small tax-related share withholding and continues to hold substantial direct and joint Walmart stock positions.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Walmart Inc. (WMT) reported that Executive Vice President Seth Dallaire had 386.619 shares of common stock withheld on September 8, 2026 to satisfy tax withholding obligations upon the vesting of restricted stock, at a reference value of $107.14 per share. After this tax-withholding disposition, he held 377,242.537 shares of Walmart common stock directly, and an additional 150,529 shares indirectly in an account held jointly with his spouse. No Rule 10b5-1 trading plan is reported for these holdings.

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Insider Dallaire Seth
Role Executive Vice President
Type Security Shares Price Value
Tax Withholding Common F1 386.619 $107.14 $41K
holding Common -- -- --
Holdings After Transaction: Common — 377,242.537 shares (Direct); Common — 150,529 shares (Indirect, Joint with Spouse)
Footnotes (1)
  1. F1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
Shares withheld for tax 386.619 shares Withheld on September 8, 2026 to satisfy tax obligations on restricted stock vesting
Reference value per share $107.14 per share Value applied to the 386.619 shares withheld for tax on September 8, 2026
Direct holdings after transaction 377,242.537 shares Direct Walmart common stock held by Seth Dallaire after September 8, 2026 disposition
Indirect joint holdings 150,529 shares Walmart common stock held jointly with spouse as of September 8, 2026
Exercise-price-or-tax-liability transactions 1 transaction, 386.619 shares Share withholding event reported for September 8, 2026
restricted stock financial
"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
"shares withheld to satisfy tax withholding obligations"
Joint with Spouse financial
"Indirect ownership is described as Joint with Spouse"

FAQ

What insider transaction did Walmart (WMT) report for Executive Vice President Seth Dallaire?

Seth Dallaire reported that 386.619 shares of Walmart common stock were withheld on September 8, 2026 to satisfy tax withholding obligations upon the vesting of restricted stock, rather than being sold in the open market.

Was the Walmart (WMT) insider transaction by Seth Dallaire an open-market sale?

No. The filing states the 386.619 shares "represent shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock," indicating a tax-withholding disposition, not an open-market sale.

How many Walmart (WMT) shares does Seth Dallaire hold directly after the reported transaction?

After the September 8, 2026 tax-withholding disposition, Seth Dallaire held 377,242.537 shares of Walmart common stock directly, according to the Form 4 filing.

What indirect Walmart (WMT) holdings does Seth Dallaire report?

The Form 4 reports an indirect holding of 150,529 shares of Walmart common stock held jointly with his spouse, separate from his directly held shares.

At what value were the withheld Walmart (WMT) shares reported for Seth Dallaire’s tax obligations?

The 386.619 withheld shares were reported at $107.14 per share in connection with satisfying tax withholding obligations upon the vesting of restricted stock.

Was a Rule 10b5-1 trading plan involved in Seth Dallaire’s Walmart (WMT) insider transaction?

No. The Form 4 does not indicate that the September 8, 2026 tax-withholding disposition or reported holdings were made under a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Dallaire Seth

(Last)(First)(Middle)
1 CUSTOMER DRIVE

(Street)
BENTONVILLE ARKANSAS 72716

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Walmart Inc. [ WMT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common09/08/2026F386.619(1)D$107.14377,242.537D
Common150,529IJoint with Spouse
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
Remarks:
/s/ Mary Marshall, by power of attorney09/09/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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