Walmart (NYSE: WMT) EVP has shares withheld to cover tax bill

Rhea-AI Filing Summary

Walmart Inc. Executive Vice President Latriece Watkins reported a routine tax-withholding transaction tied to the vesting of restricted stock. On May 5, 2026, 228.168 common shares were withheld at $130.33 per share to cover tax obligations. Following this, she directly holds 131,203.366 common shares and indirectly holds 1,667.4008 shares through a 401(k) plan.

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	$130.33	$30K
holding	Common	--	--	--

Holdings After Transaction: Common — 131,203.366 shares (Direct, null); Common — 1,667.401 shares (Indirect, By 401(k) plan)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 228.168 shares Withholding price: $130.33 per share Direct holdings after transaction: 131,203.366 shares +2 more

5 metrics

Shares withheld for taxes 228.168 shares Tax withholding disposition on May 5, 2026

Withholding price $130.33 per share Price used for tax-withholding shares

Direct holdings after transaction 131,203.366 shares Common stock held directly by Latriece Watkins

Indirect 401(k) holdings 1,667.4008 shares Common stock held via 401(k) plan

Tax-withholding share value $29,735.76 228.168 shares at $130.33 per share (approximate)

Key Terms

restricted stock, tax withholding obligations, 401(k) plan, tax-withholding disposition

4 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

"nature_of_ownership: 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.

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^*

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

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	05/05/2026		F		228.168(1)	D	$130.33	131,203.366	D
Common								1,667.4008	I	By 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 attorney	05/07/2026
	** 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) report for Latriece Watkins?

Walmart reported that Executive Vice President Latriece Watkins had shares withheld to cover taxes on vested restricted stock. On May 5, 2026, 228.168 common shares were withheld as a tax-withholding disposition, rather than an open-market sale or purchase.

How many Walmart shares were withheld for Latriece Watkins’ taxes?

A total of 228.168 Walmart common shares were withheld for Latriece Watkins’ tax obligations. The withholding occurred in connection with the vesting of restricted stock and was priced at $130.33 per share according to the Form 4 filing details.

What is Latriece Watkins’ Walmart shareholding after this Form 4?

After the reported tax withholding, Latriece Watkins directly holds 131,203.366 Walmart common shares. She also indirectly holds 1,667.4008 additional shares through a 401(k) plan, reflecting her total visible ownership in this particular Form 4 filing.

Was the Walmart Form 4 transaction an open-market sale or purchase?

No, the Form 4 indicates the transaction was a tax-withholding disposition coded “F,” not an open-market trade. Shares were delivered to satisfy tax obligations on vested restricted stock, so it does not represent a discretionary buy or sell decision.

Why were shares withheld from Latriece Watkins’ Walmart holdings?

Shares were withheld to satisfy tax withholding obligations that arose when her restricted stock vested. Instead of paying cash for the taxes, a portion of the vested shares—228.168 Walmart common shares—was used to cover the tax liability directly.