Furner John R. 4

What Happened John R. Furner, President & CEO and a director of Walmart Inc. (WMT), was granted 109,328 restricted stock units (reported as an acquisition code "A") on March 9, 2026. The award is reported at $0.00 per share (total $0 in the filing) because these are equity awards, not a cash purchase. The award was certified by the Compensation and Management Development Committee on March 9, 2026.

Key Details

• Transaction date: 2026-03-09; Form 4 filed: 2026-03-11 (timely filing).
• Transaction type/code: Award/Grant (A) — 109,328 restricted stock units (RSUs) @ $0.00; reported value $0.
• Vesting: Scheduled to vest on Jan. 31, 2028, contingent on Furner remaining employed by Walmart on that date (per footnote).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: RSUs were earned for performance for the one-year period ended Jan. 31, 2026 and certified by the committee on Mar. 9, 2026.

Context This was an earned RSU award (not an open-market purchase or sale). RSUs represent the right to receive shares in the future if vesting conditions are met; they do not necessarily imply immediate cash value until converted to shares at vesting. Awards like this are part of typical executive compensation and should be viewed as compensation rather than a direct buy/sell signal.