New Walmart Inc. (NYSE: WMT) director awarded 825-share stock grant

Rhea-AI Filing Summary

Walmart Inc. director Shishir Mehrotra reported receiving an annual equity grant in the form of common stock. On January 8, 2026, he acquired 825 shares of Walmart common stock at a price of $113.07 per share as part of his non-management director compensation.

The grant represents a prorated number of shares based on his appointment to the Board of Directors effective January 8, 2026. Following this award, Mehrotra directly owns 1,073 shares of Walmart common stock.

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

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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 AR 72716

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/08/2026		A		825(1)	A	$113.07	1,073	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 annual equity grant as part of the Reporting Person's non-management director compensation. This figure represents the prorated number of shares granted to the Reporting Person based on his appointment to the Issuer's Board of Directors effective January 8, 2026.

Remarks:

	/s/ Dirk Gardner, by power of attorney	01/12/2026
	** 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.

FAQ

What insider transaction did Walmart (WMT) report in this Form 4?

The filing reports that director Shishir Mehrotra acquired 825 shares of Walmart common stock on January 8, 2026 as part of his non-management director equity compensation.

How many Walmart (WMT) shares does Shishir Mehrotra own after this transaction?

After the reported equity grant, Shishir Mehrotra directly owns 1,073 shares of Walmart common stock.

What was the price per share for the Walmart stock granted to Shishir Mehrotra?

The 825 Walmart common shares granted to Shishir Mehrotra were valued at $113.07 per share.

Was the Walmart (WMT) share acquisition by Shishir Mehrotra a purchase or a compensation grant?

The 825-share transaction was an annual equity grant received as part of Mehrotra's non-management director compensation, not an open-market purchase.

Why is the number of Walmart shares granted to Shishir Mehrotra described as prorated?

The footnote explains that the 825 shares represent a prorated number of shares based on Mehrotra's appointment to Walmart's Board of Directors effective January 8, 2026.

Does Shishir Mehrotra hold his Walmart (WMT) shares directly or indirectly?

The filing shows that the 1,073 shares of Walmart common stock are held under direct ownership by Shishir Mehrotra.