Conde Cesar 4
Research Summary
AI-generated summary
Walmart (WMT) Director Cesar Conde Receives 254-Share Award
What Happened Cesar Conde, a director of Walmart Inc. (WMT), was granted 254 shares on June 30, 2026 as part of his quarterly director compensation. The shares were valued at $113.26 each, for a total grant value of approximately $28,768. This transaction is an award/compensation grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Grant price used to determine share count: $113.26 per share.
- Shares acquired: 254; Total value: ~$28,768.
- Filing date: 2026-07-02 (appears filed within the typical 2-business-day Form 4 window).
- Shares owned after the transaction: not disclosed in the information provided.
- Footnote: Conde elected to receive quarterly director compensation in the form of shares; the share count was based on the closing price on the grant date (Footnote F1).
Context This is a routine director compensation award and generally reflects a compensation election rather than a market-driven purchase or sale. Such grants are common for non-employee directors and do not, by themselves, indicate a personal buy/sell decision about the company’s stock.