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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 386.619 shares
Tax Withholding
2 txns
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)
- F1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
Key Figures
Shares withheld for tax: 386.619 shares
Reference value per share: $107.14 per share
Direct holdings after transaction: 377,242.537 shares
+2 more
5 metrics
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
Key Terms
restricted stock, tax withholding obligations, Joint with Spouse
3 terms
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.
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.
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.