Walmart Inc.·4

Apr 2, 5:54 PM ET

Conde Cesar 4

Research Summary

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Walmart (WMT) Director Cesar Conde Receives 231-Share Award

What Happened
Cesar Conde, a director of Walmart Inc., was granted 231 shares as director compensation on March 31, 2026. The shares were valued at $124.28 each for a total reported value of $28,709 (transaction code A — award/acquisition). This was an award of shares in lieu of cash compensation, not an open-market purchase or sale.

Key Details

  • Transaction date and price: 2026-03-31 — 231 shares @ $124.28 each (total $28,709).
  • Filing date: 2026-04-02 (Form 4 filed after the grant; no late filing flag indicated).
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnote: The grant represents quarterly director compensation elective to be received in shares; the share count was determined using the closing price on the grant date (per footnote F1).
  • Transaction type: A (award/grant).

Context
Director share awards like this are routine compensation for board service and reflect an election to receive pay in stock rather than cash. Such awards are standard and do not, by themselves, signal the insider’s view on the company's near-term stock performance.