Walton Steuart L 4
Research Summary
AI-generated summary
Walmart Director Steuart L. Walton Receives and Gifts 35,000 Shares
What Happened
- Steuart L. Walton, a director of Walmart Inc. (WMT), received 35,000 shares of Walmart common stock in a distribution from the Walton Family Holdings Trust on March 13, 2026 (transaction code J). The filing reports the acquisition at $0.00 (no consideration). On March 17, 2026, he disposed of those 35,000 shares by making a charitable gift (transaction code G), also reported at $0.00. The Form 4 was filed on March 17, 2026 and appears timely.
Key Details
- Transaction dates/prices: 3/13/2026 — other acquisition/distribution (J), 35,000 shares @ $0.00; 3/17/2026 — gift (G), 35,000 shares @ $0.00.
- Footnotes: F1 notes the shares were received with no consideration from the Walton Family Holdings Trust; F2 states the March 17 disposition was a charitable gift of the 35,000 shares.
- Shares owned after the transactions: not specified in the provided filing summary.
- Filing timeliness: Reported on 3/17/2026 (covers the 3/13 and 3/17 transactions); filing date is within the typical two-business-day window and appears timely.
Context
- These were not open-market purchases or sales but a trust distribution followed by a charitable gift. Gifts and trust distributions are not direct indicators of the reporting person's market view of the company’s stock price.