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Walmart (WMT) EVP Dallaire has 388 shares withheld for tax on RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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"
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SEC Form 4
FORM 4UNITED 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*
Dallaire Seth

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common06/02/2026F388.415(1)D$114.6378,402.394D
Common150,529IJoint with Spouse
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
Remarks:
/s/ Mary Marshall, by power of attorney06/04/2026
** Signature of Reporting PersonDate
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) 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.

How many Walmart shares were withheld for Seth Dallaire’s tax obligations?

Walmart withheld 388.415 common shares for taxes. These shares, valued at $114.60 per share, were used to satisfy tax withholding obligations that arose when Dallaire’s restricted stock vested, rather than being sold in the open market.

How many Walmart shares does Seth Dallaire hold after this Form 4 event?

After the event, Dallaire directly holds 378,402.394 shares. He also indirectly holds 150,529 shares through joint ownership with his spouse, reflecting a significant ongoing equity stake in Walmart following the tax-withholding transaction.

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.