Walmart (NYSE: WMT) EVP earns 66,192 performance-based RSUs award

Rhea-AI Filing Summary

Danker Daniel reported acquisition or exercise transactions in this Form 4 filing.

Walmart Inc. Executive Vice President Daniel Danker received an award of 66,192 shares of common stock in the form of restricted stock units at a price of $0.00 per share. These units were earned based on performance goals for the one-year period ended Jan. 31, 2026.

The award was certified by the Compensation and Management Development Committee on March 9, 2026, and the restricted stock units are scheduled to vest on Jan. 31, 2028, if Danker remains employed by Walmart on that date. Following this award, he holds 304,774.547 shares directly.

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^*

Danker Daniel

(Last) (First) (Middle)

1 CUSTOMER DRIVE

(Street)

BENTONVILLE AR 72716

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Walmart Inc. [ WMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/09/2026		A		66,192(1)	A	$0	304,774.547	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 restricted stock units earned by Reporting Person upon achievement of performance goals for the one-year period ended Jan. 31, 2026, as certified by the Compensation and Management Development Committee on March 9, 2026. The restricted stock units are scheduled to vest Jan. 31, 2028, if Reporting Person remains employed by the Issuer on that date.

Remarks:

	/s/ Dirk Gardner, by power of attorney	03/11/2026
	** 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.

FAQ

What insider transaction did Walmart (WMT) report for Daniel Danker?

Walmart reported that Executive Vice President Daniel Danker received 66,192 restricted stock units of common stock. The units were granted at $0.00 per share as a performance-based award for the one-year period ended Jan. 31, 2026, and increase his direct holdings.

Are the Walmart (WMT) shares granted to Daniel Danker immediately vested?

No, the shares are not immediately vested. The 66,192 restricted stock units are scheduled to vest on Jan. 31, 2028, provided Daniel Danker remains employed by Walmart on that date, aligning the award with longer-term retention and performance goals.

What performance period determined Daniel Danker’s Walmart (WMT) RSU award?

The award is based on performance goals for the one-year period ended Jan. 31, 2026. The Compensation and Management Development Committee certified achievement of these goals on March 9, 2026, which triggered the earning of 66,192 restricted stock units for Daniel Danker.

How many Walmart (WMT) shares does Daniel Danker hold after this Form 4 transaction?

After this transaction, Daniel Danker holds 304,774.547 shares of Walmart common stock directly. This total includes the newly granted 66,192 restricted stock units, which remain unvested until Jan. 31, 2028, subject to continued employment with the company.

Was Daniel Danker’s Walmart (WMT) RSU award an open-market purchase or compensation grant?

The transaction was a compensation-related grant, not an open-market purchase. It is coded as a grant or other acquisition, with 66,192 restricted stock units awarded at $0.00 per share based on achieved performance goals, rather than shares bought in the market.