Kumar Suresh 4
Research Summary
AI-generated summary
Walmart CTO Kumar Suresh Withholds 111,860 Shares for Taxes
What Happened
- Kumar Suresh, Chief Technology Officer of Walmart Inc. (WMT), had 111,860.246 shares withheld at $119.14 per share (total value ~$13,327,030) on Jan 31, 2026 to satisfy tax withholding obligations. This transaction is a disposition of vested performance-based restricted stock units, not an open-market sale or a purchase.
Key Details
- Transaction date and price: 2026-01-31 at $119.14 per share
- Shares withheld/disposed: 111,860.246 (total value ~$13,327,030)
- Shares owned after transaction: not disclosed in this filing
- Footnote: F1 — stock units were withheld to satisfy tax withholding upon vesting of performance-based restricted stock units
- Filing: Form 4 filed on 2026-02-03 reporting the Jan 31 transaction; no late-filing flag is indicated in the provided data
Context
- This is a routine tax-withholding disposition tied to RSU vesting (a common administrative transaction) and does not necessarily indicate a change in the insider’s view of the company. It is not a market sale intended to realize gains beyond satisfying tax obligations.