Walmart (WMT) EVP Dallaire has 388 shares withheld for tax on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Walmart Inc. Executive Vice President Seth Dallaire reported routine share activity related to equity compensation. On the reported date, 388.415 shares of common stock were withheld at $114.60 per share to cover tax obligations upon the vesting of restricted stock. After this tax-withholding disposition, he held 378,402.394 Walmart common shares directly and 150,529 shares indirectly through joint ownership with his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dallaire Seth
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common | 388.415 | $114.60 | $45K |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 378,402.394 shares (Direct, null);
Common — 150,529 shares (Indirect, Joint with Spouse)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 388.415 shares
Withholding price per share: $114.60 per share
Direct shares after transaction: 378,402.394 shares
+2 more
5 metrics
Shares withheld for taxes
388.415 shares
Tax withholding on restricted stock vesting
Withholding price per share
$114.60 per share
Value used for tax-withholding disposition
Direct shares after transaction
378,402.394 shares
Direct ownership following tax withholding
Indirect joint shares
150,529 shares
Indirect ownership joint with spouse
Tax-withholding share count
388.415 shares
Form 4 transactionSummary taxWithholdingShares
Key Terms
restricted stock, tax withholding obligations, Form 4, indirect ownership, +1 more
5 terms
restricted stock financial
"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.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations"
Form 4 regulatory
"What did Walmart (WMT) executive Seth Dallaire report in this 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.
indirect ownership financial
"indirectly holds 150,529 shares through joint ownership with his spouse"
transaction code F regulatory
"Transaction code F indicates a tax-withholding disposition"
FAQ
What did Walmart (WMT) executive Seth Dallaire report in this Form 4?
Seth Dallaire reported a routine tax-related share disposition. Walmart withheld 388.415 common shares at $114.60 each to cover taxes on vested restricted stock, while he retained substantial direct and jointly held share ownership afterward.
Was this Walmart (WMT) Form 4 a market sale by Seth Dallaire?
No, it reflects shares withheld for taxes, not an open-market sale. The 388.415 shares were delivered to satisfy tax obligations upon restricted stock vesting, a common administrative step in equity compensation programs.
What does transaction code F mean in Seth Dallaire’s Walmart Form 4?
Transaction code F indicates a tax-withholding disposition. In this case, 388.415 Walmart shares were used to pay tax liabilities tied to restricted stock vesting, as described in the filing’s footnote and transaction code explanation.