Niccol Brian R 4
4 · Walmart Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Walmart (WMT) Director Brian R. Niccol Receives 231 Shares
What Happened Brian R. Niccol, reported as a director of Walmart Inc., was granted 231 stock units (transaction code A) on 2026-03-31. The units were valued at $124.28 each, totaling $28,709. This was an award of deferred director compensation (not an open-market purchase or sale).
Key Details
- Transaction date and price: 2026-03-31; 231 units at $124.28 each (total $28,709).
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Footnotes: F1 — these are quarterly director fees the reporting person elected to defer into stock units; the unit count used the closing stock price on the grant date. F2 — balance adjusted to reflect a corrected phantom stock unit balance for dividend equivalents on deferred stock.
- Timeliness: Filing dated 2026-04-02 for a 2026-03-31 grant; no late filing indicated in the report.
Context This is routine compensation deferral for a director. Deferred stock units generally represent a right to receive shares or cash later (subject to plan terms) and do not necessarily imply a personal directional bet on the stock today.
Insider Transaction Report
Form 4
Walmart Inc.WMT
Niccol Brian R
Director
Transactions
- Award
Common
[F1][F2]2026-03-31$124.28/sh+231$28,709→ 9,616.078 total
Footnotes (2)
- [F1]Represents quarterly director compensation, which the Reporting Person elected to defer in the form of stock units. The number of stock units was determined by using the closing price of the Issuer's common stock on the date of grant.
- [F2]Balance adjusted to reflect corrected phantom stock unit balance for acquisition of dividend equivalents on deferred stock.
Signature
/s/ Mary Marshall, by power of attorney|2026-04-02