Penner Gregory Boyd 4

What Happened Gregory B. Penner, a director of Walmart Inc. (WMT), was granted 502 shares/stock units on 2026-06-30 at an imputed price of $113.26 per share, for a total value of $56,857. The Form 4 records this as an A-type transaction (award/grant/acquisition) and reflects quarterly director compensation that Mr. Penner elected to defer into stock units.

Key Details

• Transaction date and price: 2026-06-30 at $113.26 per share.
• Shares/units received and value: 502 shares/stock units, valued at $56,857.
• Transaction code: A (Grant/award/acquisition).
• Footnote: The grant represents quarterly director compensation elected to be deferred into stock units; the number was determined using the closing price on the grant date.
• Shares owned after transaction: Not specified in the filing.
• Filing date and timeliness: Form filed 2026-07-02 — appears filed within the standard Form 4 reporting window.

Context This was a routine director compensation deferral into stock units rather than an open-market purchase or sale. Such awards are common for non-employee directors and do not necessarily indicate a positive or negative view of the stock by the insider. Stock units typically convert to shares or cash under the company's plan terms when paid or vested.