Friar Sarah 4

What Happened Sarah Friar, a non‑management director of Walmart Inc. (WMT), was granted 1,935 shares on 2026-06-04 as an annual equity award. The Form 4 reports the acquisition at $0.00 per share because the receipt of these shares was deferred under an election by the reporting person. This was a compensation award (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-04; Filing date: 2026-06-08 (filed within the SEC two‑business‑day window).
• Shares granted/acquired: 1,935; reported price: $0.00; reported cash value: $0.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — annual equity grant; receipt deferred to a future date per the director’s election. F2 — balance adjusted for phantom stock units received as dividend equivalents on deferred stock units.
• Transaction code: A (award/grant).

Context This is a routine director compensation grant and not an outright purchase or sale by an insider, so it should not be read as a direct bullish or bearish signal. The deferral election and phantom dividend equivalents mean actual share delivery and any taxable event may occur later according to the director’s deferral election.