STOCK TITAN

Walmart (NYSE: WMT) director awarded 1,935-share annual equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Walmart Inc. director Robert Edward Moritz Jr. received an annual equity grant of 1,935 shares of common stock as part of his non-management director compensation. After this award and shares acquired through a dividend reinvestment plan, he directly holds 13,742.454 Walmart shares.

Positive

  • None.

Negative

  • None.
Insider Moritz Robert Edward Jr.
Role null
Type Security Shares Price Value
Grant/Award Common 1,935 $0.00 --
Holdings After Transaction: Common — 13,742.454 shares (Direct, null)
Footnotes (1)
  1. Represents an annual equity grant as part of the Reporting Person's non-management director compensation. Balance adjusted to reflect shares acquired under a dividend reinvestment plan.
Equity grant shares 1,935 shares Annual equity grant to non-management director
Post-transaction holdings 13,742.454 shares Direct Walmart common shares after grant and reinvestment
Transaction price per share $0.0000 Compensation grant, not open-market purchase
Transaction date 2026-06-04 Date of equity award acquisition
annual equity grant financial
"Represents an annual equity grant as part of the Reporting Person's non-management director compensation."
non-management director compensation financial
"Represents an annual equity grant as part of the Reporting Person's non-management director compensation."
dividend reinvestment plan financial
"Balance adjusted to reflect shares acquired under a dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Form 4 regulatory
"INSIDER FILING DATA (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.
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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*
Moritz Robert Edward Jr.

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
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
Common06/04/2026A1,935(1)A$013,742.454(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an annual equity grant as part of the Reporting Person's non-management director compensation.
2. Balance adjusted to reflect shares acquired under a dividend reinvestment plan.
Remarks:
/s/ Mary Marshall, by power of attorney06/08/2026
** 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 insider transaction did Walmart (WMT) report for Robert Edward Moritz Jr.?

Walmart reported that director Robert Edward Moritz Jr. received an annual equity grant of 1,935 shares of common stock. This was a compensation-related award, not an open-market purchase, and is part of his standard non-management director compensation package.

Was the Walmart (WMT) insider transaction a stock purchase or compensation grant?

The transaction was a compensation grant, not an open-market purchase. Robert Edward Moritz Jr. received 1,935 Walmart common shares as an annual equity grant tied to his role as a non-management director, with no cash price per share reported.

How many Walmart (WMT) shares does Robert Edward Moritz Jr. hold after this grant?

Following the 1,935-share equity grant, Robert Edward Moritz Jr. directly holds 13,742.454 Walmart common shares. This balance also reflects additional shares acquired through a dividend reinvestment plan, according to the filing footnote disclosures.

What is the significance of the dividend reinvestment plan in this Walmart (WMT) Form 4?

The filing notes that Moritz’s share balance was adjusted to include shares acquired under a dividend reinvestment plan. This means some dividends were automatically used to buy additional Walmart shares, increasing his holdings without separate market transactions.

Did Walmart (WMT) disclose any stock option exercises for Robert Edward Moritz Jr.?

No stock option exercises were reported in this filing. The Form 4 only shows a grant of 1,935 common shares as an annual equity award and updated holdings that also reflect shares added through a dividend reinvestment plan.