Walmart (NYSE: WMT) EVP shares withheld to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Walmart Executive Vice President Latriece Watkins reported a routine tax-related share adjustment. On the reported date, 228.168 common shares were withheld at $114.60 per share to satisfy tax obligations upon the vesting of restricted stock. After this tax-withholding disposition, she holds 119,975.198 common shares directly and 1,667.4008 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Watkins Latriece
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common | 228.168 | $114.60 | $26K |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 119,975.198 shares (Direct, null);
Common — 1,667.401 shares (Indirect, By 401(k) plan)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 228.168 shares
Withholding reference price: $114.60 per share
Direct holdings after transaction: 119,975.198 shares
+1 more
4 metrics
Shares withheld for taxes
228.168 shares
Common shares delivered to satisfy tax obligations on vested restricted stock
Withholding reference price
$114.60 per share
Price applied to common shares withheld for tax obligations
Direct holdings after transaction
119,975.198 shares
Walmart common shares held directly by Latriece Watkins after tax withholding
Indirect 401(k) holdings
1,667.4008 shares
Walmart common shares held indirectly through a 401(k) plan
Key Terms
restricted stock, tax withholding obligations, 401(k) plan, tax-withholding disposition, +1 more
5 terms
restricted stock financial
"Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock."
401(k) plan financial
"By 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Executive Vice President financial
"officer_title": "Executive Vice President""
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
FAQ
What insider transaction did Walmart (WMT) disclose for Latriece Watkins?
Walmart reported a tax-related share withholding for Executive Vice President Latriece Watkins. 228.168 common shares were withheld at $114.60 per share to cover tax obligations from vested restricted stock, leaving her with 119,975.198 shares directly and 1,667.4008 shares indirectly in a 401(k) plan.
What does the F transaction code mean in this Walmart (WMT) Form 4?
The F transaction code indicates a tax-withholding disposition rather than a normal sale. In this case, shares were delivered to satisfy exercise price or tax liability, specifically tax obligations tied to the vesting of restricted stock awarded to Executive Vice President Latriece Watkins.
How are Watkins’ indirect Walmart (WMT) holdings structured in this filing?
The filing shows 1,667.4008 Walmart common shares held indirectly through a 401(k) plan. This entry is classified as indirect ownership, separate from her 119,975.198 directly held shares, and reflects retirement-plan holdings on the transaction date reported in the Form 4.