Walmart director granted 231 shares as compensation

Walmart Inc. director Robert Edward Moritz Jr. received a grant of common shares as part of his quarterly director compensation.

Rhea-AI Filing Summary

Walmart Inc. director Robert Edward Moritz Jr. received a grant of common shares as part of his quarterly director compensation. He acquired 231 shares of Walmart common stock at a reference value of $124.28 per share, based on the closing price on the grant date. Following this award, he directly owns 11,750 Walmart common shares.

Insider Trade Summary

Grant/Award: 231 shares

Grant/Award 1 txn

Insider Moritz Robert Edward Jr.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common	231	$124.28	$29K

Holdings After Transaction: Common — 11,750 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares granted: 231 shares Reference share price: $124.28 per share Shares owned after grant: 11,750 shares

3 metrics

Shares granted 231 shares Quarterly director compensation grant

Reference share price $124.28 per share Closing price on grant date used to determine shares

Shares owned after grant 11,750 shares Total direct Walmart common shares following transaction

Key Terms

quarterly director compensation, grant, award, or other acquisition, closing price

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"

closing price financial

"determined by using the closing price of the Issuer's common stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Walmart (WMT) director Robert Moritz report in this Form 4?

Robert Edward Moritz Jr., a director of Walmart Inc., reported acquiring 231 shares of Walmart common stock. These shares were received as part of his quarterly director compensation, rather than through an open-market purchase or sale transaction.

How many Walmart (WMT) shares did the director receive and at what price?

The director received 231 shares of Walmart common stock, with the number of shares based on a price of $124.28 per share. That price reflects the closing price of Walmart’s common stock on the grant date used to calculate the share amount.

Why did the Walmart (WMT) director receive 231 shares instead of cash?

The 231 shares represent quarterly director compensation that Robert Edward Moritz Jr. elected to receive in stock form. The filing explains that his compensation was converted into shares using Walmart’s closing stock price on the grant date to determine the number of shares.

How many Walmart (WMT) shares does the director hold after this Form 4 transaction?

After receiving the 231-share grant, Robert Edward Moritz Jr. directly holds 11,750 shares of Walmart common stock. This figure reflects his total direct ownership position immediately following the reported compensation-related acquisition.

Was the Walmart (WMT) director’s Form 4 transaction an open-market buy or sell?

The transaction was not an open-market buy or sell. It is coded as a grant or award acquisition, representing quarterly director compensation paid in shares, rather than a discretionary purchase or sale in the open market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 06:01 PM EDT Learn about SEC filing dates

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^*

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)

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		231(1)	A	$124.28	11,750	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)