Watkins Latriece 4

What Happened

• Latriece Watkins, Executive Vice President at Walmart (WMT), had 3,667.212 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. The withholding was recorded on June 16, 2026 at an effective price of $120.82 per share, for a total value of roughly $443,073.
• This was a tax-withholding disposition (not an open-market sale or purchase) — a routine administrative event that accompanies RSU vesting and does not necessarily signal a change in insider sentiment.

Key Details

• Transaction date: 2026-06-16; Price per share: $120.82; Total value withheld: ~$443,073.
• Transaction type/code: F — shares withheld to satisfy tax withholding upon vesting of restricted stock.
• Shares owned after the transaction: Not disclosed in the provided filing excerpt.
• Footnote: F1 — Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
• Filing: Form 4 filed on 2026-06-17 (the day after the transaction), which is within the normal SEC reporting window for insiders.

Context

• Withholding shares to cover taxes is common when restricted stock units vest: instead of selling shares on the open market, the company retains a portion to cover tax obligations. This is an administrative disposition rather than a discretionary sale or buy.
• Such withholding transactions are routine and typically do not convey the same market-signaling weight as open-market purchases or planned sales.