Walmart Inc.·4

Jun 8, 6:40 PM ET

Penner Gregory Boyd 4

Research Summary

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Walmart (WMT) Director Penner Receives 2,881-Share Award

What Happened

  • Penner Gregory Boyd, a Walmart director, was granted 2,881 shares on 2026-06-04 as an annual non-management director equity award. The shares were recorded at $0.00 (aggregate value $0) and the receipt was deferred under an election made by the reporting person.

Key Details

  • Transaction date: 2026-06-04. Form 4 filed: 2026-06-08 (timely; within the two-business-day reporting window).
  • Transaction type: A (award/grant) — 2,881 shares acquired at $0.00; total reported value $0.
  • Shares owned after transaction: Not stated in the information provided in this filing.
  • Footnotes:
    • F1: This grant is part of the reporting person’s annual non-management director compensation; delivery of shares was deferred per the director’s election.
    • F2: The reported balance was adjusted to reflect phantom stock units credited as dividend equivalents on deferred stock units (these track value but are payable later under the deferral arrangement).

Context

  • This is a routine director compensation award and not an open-market purchase or sale. Because the award was deferred and included dividend-equivalent phantom units, no immediate cash changed hands and no immediate market-sale signal is implied.