Chojnowski David 4

What Happened

• David Chojnowski, Senior Vice President at Walmart (WMT), had 14,220.885 shares withheld to satisfy tax withholding obligations upon the vesting of performance-based restricted stock units (RSUs). The withholding was executed at $119.14 per share, totaling approximately $1,694,276. This is a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-01-31; filing date: 2026-02-03 (Form 4 accession 0001502438-26-000004).
• Price used for withholding: $119.14 per share.
• Shares withheld/disposed: 14,220.885; total value ≈ $1,694,276.
• Shares owned after transaction: not specified in the excerpt; footnote F2 notes balance adjusted to reflect holdings in the Walmart Inc. 2016 Associate Stock Purchase Plan.
• Footnotes: F1 — shares withheld to satisfy tax withholding upon vesting of performance-based RSUs; F2 — balance adjusted for the company’s employee stock purchase plan.
• No late-filing flag is indicated in the provided details.

Context

• This was a routine tax-withholding transaction tied to RSU vesting (a cashless/withholding method), not an active sale by the insider on the open market. Such withholdings are common and generally reflect tax obligations rather than a change in insider sentiment.