Walmart (NYSE: WMT) EVP has shares withheld for restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Walmart Inc. Executive Vice President Latriece Watkins reported a routine tax-withholding share disposition related to restricted stock vesting. On this Form 4, 3,667.212 shares of Walmart common stock were withheld at $120.82 per share to satisfy tax obligations, rather than sold in the open market.
After this transaction, Watkins directly holds 116,307.986 shares of Walmart common stock and indirectly holds 1,667.4008 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Watkins Latriece
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common | 3,667.212 | $120.82 | $443K |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 116,307.986 shares (Direct, null);
Common — 1,667.401 shares (Indirect, By 401(k) plan)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 3,667.212 shares
Tax withholding share price: $120.82 per share
Direct holdings after transaction: 116,307.986 shares
+1 more
4 metrics
Shares withheld for taxes
3,667.212 shares
Tax-withholding disposition on restricted stock vesting
Tax withholding share price
$120.82 per share
Valuation for withheld Walmart common shares
Direct holdings after transaction
116,307.986 shares
Walmart common stock held directly by Watkins
Indirect 401(k) holdings
1,667.4008 shares
Walmart common stock held via 401(k) plan
Key Terms
tax withholding, restricted stock, 401(k) plan, indirect ownership, +1 more
5 terms
tax withholding financial
"Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
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.
401(k) plan financial
"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.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "By 401(k) plan""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
What insider transaction did Walmart (WMT) EVP Latriece Watkins report?
Latriece Watkins reported a tax-related share disposition. 3,667.212 Walmart common shares were withheld to cover tax obligations triggered by the vesting of restricted stock, rather than being sold in an open-market transaction.
What does the 401(k) plan entry mean in Latriece Watkins’ Walmart holdings?
The 401(k) entry shows 1,667.4008 Walmart shares held indirectly through a retirement plan. The filing labels this as indirect ownership "By 401(k) plan," indicating these shares are part of her employer-sponsored savings plan.