STOCK TITAN

[Form 4] Walmart Inc. Insider Trading Activity

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

Conde Cesar, a director of Walmart Inc. (WMT), received 279 shares as part of quarterly director compensation on 09/30/2025. The shares were issued using the closing stock price on the grant date at $103.06 per share. After the award, the reporting person beneficially owns 31,099 shares, held directly. The Form 4 was signed on 10/02/2025 by an attorney-in-fact and includes a remark that the grant represents election to receive compensation in stock.

Conde Cesar, un amministratore di Walmart Inc. (WMT), ha ricevuto 279 azioni come parte della compensazione trimestrale del direttore il 30/09/2025. Le azioni sono state emesse usando il prezzo di chiusura delle azioni al momento del conferimento, pari a $103,06 per azione. Dopo l’assegnazione, la persona che segnala detiene beneficiariamente 31.099 azioni, detenute direttamente. Il Form 4 è stato firmato il 02/10/2025 da un procuratore e include una nota secondo cui l’assegnazione rappresenta l’elezione di ricevere la compensazione in azioni.

Conde Cesar, un director de Walmart Inc. (WMT), recibió 279 acciones como parte de la compensación trimestral del director el 30/09/2025. Las acciones fueron emitidas usando el precio de cierre de la fecha de concesión en $103.06 por acción. Después de la adjudicación, la persona que presenta el informe posee beneficiosamente 31,099 acciones, mantenidas directamente. El Form 4 fue firmado el 02/10/2025 por un apoderado y incluye una nota de que la adjudicación representa la elección de recibir la compensación en acciones.

Conde CesarWalmart Inc. (WMT)이사로서 분기 이사 보상의 일부로 279주를 받았으며, 2025년 9월 30일에 해당합니다. 주식은 부여일의 종가 $103.06를 사용하여 발행되었습니다. 보상 수령 후, 보고자는 이익 소유상 31,099주를 직접 보유하고 있습니다. Form 4는 2025년 10월 2일에 대리인이 서명했으며, 부여가 주식으로 보상을 받도록 선택한다는 주석을 포함하고 있습니다.

Conde Cesar, un directeur de Walmart Inc. (WMT), a reçu 279 actions dans le cadre de la rémunération trimestrielle du directeur le 30/09/2025. Les actions ont été émises en utilisant le prix de clôture de la date d’octroi à $103,06 par action. Après l’octroi, la personne déclarante détient 31 099 actions, détenues directement. Le Form 4 a été signé le 02/10/2025 par un mandataire et comprend une remarque selon laquelle l’octroi représente une élection pour recevoir la rémunération en actions.

Conde Cesar, ein Direktor von Walmart Inc. (WMT), erhielt 279 Aktien im Rahmen der vierteljährlichen Direktorvergütung am 30.09.2025. Die Aktien wurden zum Schlusskurs am Gewährungstag in Höhe von $103,06 pro Aktie ausgegeben. Nach der Zuteilung hält die meldepflichtige Person vorteilhaft 31.099 Aktien, direkt gehalten. Das Formular 4 wurde am 02.10.2025 von einem Bevollmächtigten unterzeichnet und enthält eine Bemerkung, dass die Zuteilung eine Wahl darstellt, die Vergütung in Aktien zu erhalten.

كوندي سزار، مدير في وول مارت إنك. (WMT)، تلقى 279 سهماً كجزء من التعويض الربعي للمدير في 30/09/2025. تم إصدار الأسهم باستخدام سعر الإغلاق في تاريخ المنحة عند $103.06 للسهم الواحد. بعد المنحة، يمتلك الشخص المبلغ عنه بشكل مستفيد 31,099 سهماً، موزعة بشكل مباشر. تم توقيع النموذج 4 في 02/10/2025 بواسطة وكيل قانوني ويشمل ملاحظة بأن المنحة تمثل خياراً لاستلام التعويض أسهماً.

康德·塞萨尔,是 沃尔玛公司(Walmart Inc.,WMT)董事,在季度董事补偿计划中于 2025/09/30 收到 279 股。股票以授予日收盘价 $103.06 每股发行。授予后,披露人实际拥有 31,099 股,直接持有。Form 4 于 2025/10/02 由代理签署,附有注释,表明该授予表示选择以股票形式获取补偿。

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Insights

Director accepted quarterly fees in equity; ownership rose to 31,099 shares.

This Form 4 records a routine compensation election where Conde Cesar received 279 shares at the closing price of $103.06 on 09/30/2025. The disclosure shows the award was part of standard quarterly director pay and increases direct beneficial ownership to 31,099 shares.

For investors, this is a housekeeping insider filing that confirms alignment via equity compensation but does not disclose additional transactions, options, or derivative activity.

Conde Cesar, un amministratore di Walmart Inc. (WMT), ha ricevuto 279 azioni come parte della compensazione trimestrale del direttore il 30/09/2025. Le azioni sono state emesse usando il prezzo di chiusura delle azioni al momento del conferimento, pari a $103,06 per azione. Dopo l’assegnazione, la persona che segnala detiene beneficiariamente 31.099 azioni, detenute direttamente. Il Form 4 è stato firmato il 02/10/2025 da un procuratore e include una nota secondo cui l’assegnazione rappresenta l’elezione di ricevere la compensazione in azioni.

Conde Cesar, un director de Walmart Inc. (WMT), recibió 279 acciones como parte de la compensación trimestral del director el 30/09/2025. Las acciones fueron emitidas usando el precio de cierre de la fecha de concesión en $103.06 por acción. Después de la adjudicación, la persona que presenta el informe posee beneficiosamente 31,099 acciones, mantenidas directamente. El Form 4 fue firmado el 02/10/2025 por un apoderado y incluye una nota de que la adjudicación representa la elección de recibir la compensación en acciones.

Conde CesarWalmart Inc. (WMT)이사로서 분기 이사 보상의 일부로 279주를 받았으며, 2025년 9월 30일에 해당합니다. 주식은 부여일의 종가 $103.06를 사용하여 발행되었습니다. 보상 수령 후, 보고자는 이익 소유상 31,099주를 직접 보유하고 있습니다. Form 4는 2025년 10월 2일에 대리인이 서명했으며, 부여가 주식으로 보상을 받도록 선택한다는 주석을 포함하고 있습니다.

Conde Cesar, un directeur de Walmart Inc. (WMT), a reçu 279 actions dans le cadre de la rémunération trimestrielle du directeur le 30/09/2025. Les actions ont été émises en utilisant le prix de clôture de la date d’octroi à $103,06 par action. Après l’octroi, la personne déclarante détient 31 099 actions, détenues directement. Le Form 4 a été signé le 02/10/2025 par un mandataire et comprend une remarque selon laquelle l’octroi représente une élection pour recevoir la rémunération en actions.

Conde Cesar, ein Direktor von Walmart Inc. (WMT), erhielt 279 Aktien im Rahmen der vierteljährlichen Direktorvergütung am 30.09.2025. Die Aktien wurden zum Schlusskurs am Gewährungstag in Höhe von $103,06 pro Aktie ausgegeben. Nach der Zuteilung hält die meldepflichtige Person vorteilhaft 31.099 Aktien, direkt gehalten. Das Formular 4 wurde am 02.10.2025 von einem Bevollmächtigten unterzeichnet und enthält eine Bemerkung, dass die Zuteilung eine Wahl darstellt, die Vergütung in Aktien zu erhalten.

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).
1. Name and Address of Reporting Person*
Conde Cesar

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025
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 09/30/2025 A 279(1) A $103.06 31,099 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 quarterly director compensation, which the Reporting Person elected to receive in the form of shares. The number of shares was determined by using the closing price of the Issuer's common stock on the date of grant.
Remarks:
/s/ Dirk Gardner, by power of attorney 10/02/2025
** 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.
Walmart

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823.12B
4.36B
45.3%
36.1%
0.49%
Discount Stores
Retail-variety Stores
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United States
BENTONVILLE