Watkins Latriece 4

What Happened
Lat riece Watkins, Executive Vice President of Walmart Inc. (WMT), was granted 23,744.804 restricted stock units (RSUs) on March 9, 2026 (transaction code A) at no cash purchase price. The next day (March 10, 2026) 316.766 shares were withheld (transaction code F) to satisfy tax withholding obligations, valued at $124.34 per share for a total of $39,387. The Form 4 was filed on March 11, 2026.

Key Details

• Transaction dates and prices:
  • Mar 9, 2026: Award of 23,744.804 RSUs (acquisition price $0.00).
  • Mar 10, 2026: 316.766 shares withheld for taxes at $124.34 per share (tax withholding = $39,387).
• Vesting: RSUs were earned based on performance for the one-year period ended Jan. 31, 2026 and were certified Mar. 9, 2026; they are scheduled to vest Jan. 31, 2028 if Watkins remains employed.
• Shares owned after transaction: not specified in the provided excerpt; filing notes the balance was adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.
• Footnotes: F1 describes performance-based RSUs and vesting schedule; F2 explains shares withheld to satisfy tax obligations; F3 notes balance adjustment relating to the ESPP.
• Filing timeliness: Grant on Mar 9 and withholding on Mar 10 were reported on the Form 4 filed Mar 11, 2026 (appears timely under standard Form 4 reporting rules).

Context
This was an equity compensation award (RSUs) tied to performance, not an open-market purchase or sale. The small share disposition was a routine tax-withholding action upon grant/vesting and should be viewed as part of executive compensation, not a direct trading signal about the insider’s view of Walmart stock.