Walmart (NYSE: WMT) director gets 213-share quarterly stock award

Rhea-AI Filing Summary

Mehrotra Shishir reported acquisition or exercise transactions in this Form 4 filing.

Walmart Inc. director Shishir Mehrotra received an equity award of 213 shares of Walmart common stock on March 31, 2026 as quarterly director compensation. The number of shares was based on the stock’s closing price of $124.28 on the grant date. Following this grant, he directly holds 1,286 Walmart common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mehrotra Shishir

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common	213	$124.28	$26K

Holdings After Transaction: Common — 1,286 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 213 shares Grant price: $124.28 per share Shares held after grant: 1,286 shares

3 metrics

Shares granted 213 shares Quarterly director compensation grant on March 31, 2026

Grant price $124.28 per share Closing price used to calculate share award on grant date

Shares held after grant 1,286 shares Total direct ownership after the March 31, 2026 award

Key Terms

quarterly director compensation, grant, award, or other acquisition, Form 4

3 terms

quarterly director compensation financial

"Represents quarterly director compensation, which the Reporting Person elected"

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Mehrotra Shishir

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common	03/31/2026		A		213(1)	A	$124.28	1,286	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/ Mary Marshall, by power of attorney	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Walmart (WMT) director Shishir Mehrotra report?

Shishir Mehrotra reported receiving an award of 213 Walmart common shares as quarterly director compensation. The grant was made on March 31, 2026 and is classified as a grant, award, or other acquisition rather than an open-market purchase or sale.

How many Walmart (WMT) shares did Shishir Mehrotra receive and at what price?

He received 213 Walmart common shares, with the share count determined using the stock’s $124.28 closing price on the March 31, 2026 grant date. This reflects equity compensation in stock rather than cash for his quarterly director services.

How many Walmart (WMT) shares does Shishir Mehrotra hold after this Form 4 transaction?

After the reported grant, Shishir Mehrotra directly holds 1,286 Walmart common shares. This total includes the new 213-share quarterly director compensation award, as disclosed in the Form 4 as his direct ownership position following the transaction.

Was Shishir Mehrotra’s Walmart (WMT) Form 4 a purchase or a compensation grant?

The Form 4 reflects a compensation grant, not an open-market purchase. Mehrotra elected to receive his quarterly director compensation in the form of shares, classified as a grant, award, or other acquisition, based on Walmart’s closing stock price on the grant date.

How was the number of Walmart (WMT) shares for Shishir Mehrotra’s grant determined?

The 213-share award was calculated using the closing price of Walmart’s common stock on March 31, 2026, which was $124.28 per share. This method converts the value of Mehrotra’s quarterly director compensation into an equivalent number of company shares.