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Walmart (WMT) EVP Daniel Bartlett has 58K shares withheld for taxes

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Walmart Inc. executive Daniel J. Bartlett, Executive Vice President, reported a Form 4 transaction involving company common stock. On 01/31/2026, 58,058.8 shares were withheld at $119.14 per share to cover tax obligations triggered by the vesting of performance-based restricted stock units.

After this tax withholding, Bartlett beneficially owned 587,583.533 shares of Walmart common stock in direct ownership. The transaction is characterized as code "F," indicating shares retained by the issuer to satisfy withholding taxes rather than an open‑market sale.

Positive

  • None.

Negative

  • None.
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*
Bartlett Daniel J

(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)
01/31/2026
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 01/31/2026 F 58,058.8(1) D $119.14 587,583.533 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 stock units withheld to satisfy tax withholding obligations upon the vesting of performance-based restricted stock units.
Remarks:
/s/ Dirk Gardner, by power of attorney 02/03/2026
** 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 J. Bartlett?

Walmart reported that Executive Vice President Daniel J. Bartlett had 58,058.8 common shares withheld on January 31, 2026. The shares were retained at $119.14 each to satisfy tax withholding obligations from vesting performance-based restricted stock units, rather than being sold on the open market.

How many Walmart (WMT) shares does Daniel J. Bartlett own after this Form 4?

After the reported transaction, Daniel J. Bartlett beneficially owns 587,583.533 Walmart common shares directly. This figure reflects his holdings after 58,058.8 shares were withheld by the company to cover tax obligations tied to vesting performance-based restricted stock units.

What does transaction code "F" mean in this Walmart (WMT) Form 4 filing?

Transaction code "F" indicates shares were withheld to pay taxes on equity awards. In this case, 58,058.8 Walmart common shares were retained by the company at $119.14 per share when performance-based restricted stock units vested for Executive Vice President Daniel J. Bartlett.

Did Daniel J. Bartlett sell Walmart (WMT) shares in the open market?

The filing shows no open-market sale by Daniel J. Bartlett. Instead, 58,058.8 shares of Walmart common stock were withheld by the company at $119.14 per share solely to satisfy tax withholding obligations tied to vesting performance-based restricted stock units.

What role does Daniel J. Bartlett hold at Walmart (WMT) in this Form 4?

Daniel J. Bartlett is identified as an officer of Walmart, serving as Executive Vice President. The Form 4 reports his holdings and a tax-related share withholding transaction associated with the vesting of performance-based restricted stock units, not a discretionary stock sale.

How is the price of $119.14 per share used in this Walmart (WMT) Form 4?

The price of $119.14 per share is the value applied to the 58,058.8 withheld shares. Walmart used this price to determine the number of common shares needed to cover Daniel J. Bartlett’s tax withholding obligations when his performance-based restricted stock units vested.
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United States
BENTONVILLE