FLYNN TIMOTHY PATRICK 4

What Happened
Timothy Patrick Flynn, a member of Walmart’s board of directors, was granted 302 stock units on March 31, 2026 as part of his quarterly director compensation. The units were valued using Walmart’s closing share price of $124.28 on the grant date, totaling $37,533. This was an award/grant (compensation) rather than an open-market purchase—common for director pay.

Key Details

• Transaction date: 2026-03-31; Filing date: 2026-04-02 (appears timely).
• Transaction type: Award/Grant (code A).
• Shares/units granted: 302 at $124.28 per share; total value $37,533.
• Shares owned after transaction: Not stated in this Form 4.
• Footnotes: F1 — grant represents quarterly director compensation deferred into stock units, with the unit count set by the closing price on the grant date. F2 — balance adjusted for phantom stock units received as dividend equivalents on deferred stock.
• No 10b5-1 plan, tax-withholding sale, or other special instructions noted.

Context
This is a routine director compensation award (deferred stock units/phantom units). Such grants compensate directors and do not necessarily signal the director’s view on the company’s near-term stock performance. For retail investors, direct purchases or sales by insiders are often more informative about personal conviction than routine compensation grants.