Walmart director receives 1,935-share stock grant

HORTON THOMAS W reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

HORTON THOMAS W reported acquisition or exercise transactions in this Form 4 filing.

Walmart Inc. director Thomas W. Horton received an annual equity grant of 1,935 shares of Walmart common stock as part of his non-management director compensation. The shares were awarded at no stated purchase price and increase his direct holdings to 59,848 shares after the transaction.

Insider Trade Summary

Grant/Award: 1,935 shares

Grant/Award 1 txn

Insider HORTON THOMAS W

Role Director

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

Holdings After Transaction: Common — 59,848 shares (Direct)

Footnotes (1)

1. F1. Represents an annual equity grant as part of the Reporting Person's non-management director compensation.

Key Figures

Equity grant size: 1,935 shares Price per share: $0.00 Shares held after: 59,848 shares

3 metrics

Equity grant size 1,935 shares Annual equity grant to Thomas W. Horton

Price per share $0.00 Grant or award acquisition price

Shares held after 59,848 shares Thomas W. Horton direct ownership after grant

Key Terms

annual equity grant, non-management director compensation, Grant, award, or other acquisition

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."

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Walmart (WMT) director Thomas W. Horton report in this Form 4?

Thomas W. Horton reported receiving an annual equity grant of 1,935 Walmart common shares. The filing classifies this as a grant or award, not an open-market purchase, and reflects routine non-management director compensation.

Is the Walmart (WMT) Thomas W. Horton Form 4 a stock purchase or a grant?

The Form 4 shows a stock grant, not a purchase. Horton acquired 1,935 Walmart common shares as a grant or award with no purchase price, tied to his non-management director compensation program.

How many Walmart (WMT) shares does Thomas W. Horton hold after this grant?

After the reported grant, Thomas W. Horton directly holds 59,848 Walmart common shares. This total includes the 1,935-share annual equity award disclosed in the Form 4 insider transaction filing.

What is the size of the equity grant reported by Walmart (WMT) director Horton?

The equity grant to Thomas W. Horton totals 1,935 Walmart common shares. It is described as an annual equity grant provided as part of his non-management director compensation rather than a discretionary market transaction.

Does this Walmart (WMT) Form 4 indicate insider buying or routine compensation?

The filing indicates routine compensation rather than insider buying. The 1,935 Walmart shares are described as an annual equity grant for non-management director compensation, not an open-market purchase or sale decision.

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

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Accepted by SEC EDGAR 06/08/2026 - 06:30 PM EDT Learn about SEC filing dates

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^*

HORTON THOMAS W

(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	59,848	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)