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Walmart (NYSE: WMT) EVP shares withheld to cover RSU tax obligations

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
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.
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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*
Watkins Latriece

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
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
Common06/02/2026F228.168(1)D$114.6119,975.198D
Common1,667.4008IBy 401(k) plan
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 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
Remarks:
/s/ Mary Marshall, by power of attorney06/04/2026
** 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) 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.

Was the Walmart (WMT) insider transaction a market sale of shares?

No, the transaction reflects shares withheld to cover tax obligations, not an open-market sale. The Form 4 notes 228.168 shares were delivered to satisfy taxes on vested restricted stock, a common administrative adjustment rather than a discretionary purchase or sale in the market.

How many Walmart (WMT) shares does Latriece Watkins hold after this filing?

After the reported tax withholding, Latriece Watkins holds 119,975.198 Walmart common shares directly. She also has 1,667.4008 shares held indirectly through a 401(k) plan, according to the ownership balances reported as of the transaction date in the Form 4 filing.

What price was used for the Walmart (WMT) tax-withholding shares?

The tax-withholding transaction used a reference price of $114.60 per share. At this price, 228.168 common shares were delivered to satisfy tax obligations arising from the vesting of restricted stock, as described in the Form 4 transaction details and accompanying footnote.

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.