Walmart EVP Rachel L. Brand Withholds 60,542 Shares for Taxes

What Happened Rachel L. Brand, Executive Vice President of Walmart Inc. (WMT), had 60,542.24 shares withheld at $119.14 per share (total value about $7,213,002) on January 31, 2026. This transaction was reported as a tax-withholding disposition (transaction code F) related to the vesting of performance-based restricted stock units (RSUs).

Key Details

• Transaction date: 2026-01-31; withholding price: $119.14 per share.
• Shares withheld/disposed: 60,542.24; reported aggregate value: $7,213,002.
• Reason: Stock units were withheld to satisfy tax withholding obligations upon vesting of performance-based RSUs (footnote F1).
• Shares owned after transaction: not specified in the provided filing.
• Filing date: 2026-02-03 (no late-filing indicator provided).

Context This was a withholding of vested equity to cover tax obligations—not an open-market sale initiated as an investment decision. Such withholdings are routine when restricted stock units vest and do not, by themselves, indicate a change in the insider’s view of the company.