Walmart director gets 458 deferred stock units
Penner Gregory Boyd reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Penner Gregory Boyd reported acquisition or exercise transactions in this Form 4 filing.
Walmart Inc. director Gregory Boyd Penner received 458 stock units of Walmart common stock as quarterly director compensation, which he elected to defer in stock form. The units were valued using the $124.28 closing share price on the grant date. Following this award, he directly holds 258,819.331 common shares, while an additional 1,448,634 shares are held indirectly by his spouse. The reported balance also reflects phantom stock units credited as dividend equivalents on deferred stock.
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Insider Trade Summary
Grant/Award: 458 shares
Grant/Award
2 txns
Insider
Penner Gregory Boyd
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 458 | $124.28 | $57K |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 258,819.331 shares (Direct);
Common — 1,448,634 shares (Indirect, By spouse)
Footnotes (2)
- F1. Represents quarterly director compensation, which the Reporting Person elected to defer in the form of stock units. The number of stock units was determined by using the closing price of the Issuer's common stock on the date of grant.
- F2. Balance adjusted to reflect phantom stock units acquired as dividend equivalents on deferred stock.
Key Figures
Deferred stock units granted: 458 stock units
Grant valuation price: $124.28 per share
Direct holdings after transaction: 258,819.331 shares
+1 more
4 metrics
Deferred stock units granted
458 stock units
Quarterly director compensation elected in stock units
Grant valuation price
$124.28 per share
Closing price of Walmart common stock on grant date
Direct holdings after transaction
258,819.331 shares
Walmart common stock directly held by Gregory Penner
Indirect spouse holdings
1,448,634 shares
Walmart common stock held indirectly by spouse
Key Terms
stock units, phantom stock units, dividend equivalents, deferred stock
4 terms
stock units financial
"elected to defer in the form of stock units"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
phantom stock units financial
"Balance adjusted to reflect phantom stock units acquired as dividend equivalents"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
dividend equivalents financial
"phantom stock units acquired as dividend equivalents on deferred stock"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
deferred stock financial
"dividend equivalents on deferred stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Walmart (WMT) director Gregory Penner report in this Form 4?
Gregory Boyd Penner reported receiving 458 Walmart stock units as quarterly director compensation, deferred into stock. The units were valued at the closing price of $124.28 per share, increasing his direct holdings to 258,819.331 Walmart common shares.
What is the nature of the 458 Walmart stock units granted to Gregory Penner?
The 458 Walmart stock units represent quarterly director compensation that Penner chose to defer in stock units. Their number was calculated using Walmart’s common stock closing price of $124.28 on the grant date, aligning his compensation more closely with shareholder returns.
How were Gregory Penner’s Walmart deferred stock units priced on the grant date?
The deferred stock units were determined by dividing the dollar value of quarterly director compensation by Walmart’s closing stock price. The filing states the closing price used was $124.28 per share on the grant date, resulting in 458 stock units for Gregory Penner.
What are phantom stock units and dividend equivalents mentioned in the Walmart (WMT) Form 4?
Phantom stock units are bookkeeping entries that track the value of shares without issuing actual stock. The filing notes Penner’s balance was adjusted for phantom stock units credited as dividend equivalents on deferred stock, mirroring dividends paid on Walmart shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
