Furner John R. 4

What Happened
John R. Furner, President & CEO and a Walmart director, had 122,946.775 shares withheld to satisfy tax-withholding obligations related to the vesting of performance-based restricted stock units. The shares are reported at $119.14 per share, for a total value of $14,647,879. This was an administrative tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-01-31
• Price used: $119.14 per share
• Shares withheld (disposed): 122,946.775 — total value $14,647,879
• Transaction code: F (stock units withheld to satisfy tax withholding on vested awards; see footnote F1)
• Shares owned after transaction: not specified in the excerpt; footnote F2 notes the balance was adjusted to reflect current holdings in the Walmart Inc. 2016 Associate Stock Purchase Plan
• Filing date: 2026-02-03 — no indication in the filing excerpt that this was a late report

Context
Share withholding to pay taxes on vested RSUs is a common administrative action and should not be read as a directional buy/sell decision by the insider. This was not an open-market sale of shares; instead, the company retained shares to cover withholding obligations on performance-based awards.