Walmart (WMT) director Cesar Conde gets 1,935-share annual equity grant

Rhea-AI Filing Summary

Conde Cesar reported acquisition or exercise transactions in this Form 4 filing.

Walmart Inc. director Cesar Conde reported receiving an annual equity grant as part of his non-management director compensation. The grant was for 1,935 shares of Walmart common stock, awarded at no cash cost to him. Following this grant, he directly owns 33,523 shares of Walmart common stock. This Form 4 reflects a routine compensation-related share award rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Conde Cesar

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common	1,935	$0.00	--

Holdings After Transaction: Common — 33,523 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Equity grant shares: 1,935 shares Shares owned after grant: 33,523 shares Grant price per share: $0.00 per share

3 metrics

Equity grant shares 1,935 shares Annual equity grant to non-management director

Shares owned after grant 33,523 shares Direct holdings following Form 4 transaction

Grant price per share $0.00 per share Reported transaction price for awarded shares

Key Terms

annual equity grant, non-management director compensation, Form 4

3 terms

annual equity grant financial

"Represents an annual equity grant as part of the Reporting Person's non-management director compensation."

non-management director compensation financial

"Represents an annual equity grant as part of the Reporting Person's non-management director compensation."

Form 4 regulatory

"This Form 4 reflects a routine compensation-related share award rather than an open-market purchase or sale."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

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

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^*

Conde Cesar

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common	06/04/2026		A		1,935(1)	A	$0	33,523	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 an annual equity grant as part of the Reporting Person's non-management director compensation.

Remarks:

	/s/ Mary Marshall, by power of attorney	06/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Walmart (WMT) director Cesar Conde report in this Form 4?

Cesar Conde reported receiving an annual equity grant of 1,935 Walmart common shares. This award is part of his non-management director compensation and did not involve a cash purchase on the open market.

How many Walmart (WMT) shares did Cesar Conde receive in this equity grant?

He received 1,935 shares of Walmart common stock as an annual equity grant. The filing describes this as part of his non-management director compensation, awarded without a per-share purchase price.

What are Cesar Conde’s Walmart (WMT) holdings after the reported grant?

After the grant, Cesar Conde directly owns 33,523 shares of Walmart common stock. This total reflects his position following the 1,935-share annual equity grant reported in the Form 4 filing.

Was the Cesar Conde Walmart (WMT) share grant an open-market transaction?

No, the transaction was an equity grant, not an open-market trade. The Form 4 lists the transaction code as a grant or award, with a zero dollar price per share and notes it as part of director compensation.

Is the Walmart (WMT) equity grant to Cesar Conde part of his director compensation?

Yes, the footnote states the 1,935-share award represents an annual equity grant. It is specifically described as part of the reporting person’s non-management director compensation at Walmart.