Nicholas Christopher James 4

What Happened
Nicholas Christopher James, Executive Vice President of Walmart Inc. (WMT), had 18,241.425 shares withheld to satisfy tax withholding obligations upon the vesting of performance-based restricted stock units. The withholding was recorded at an effective value of $119.14 per share, totaling approximately $2,173,283. This was a tax-withholding disposition (transaction code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-01-31; Form 4 filed: 2026-02-03 (filed within required timeframe).
• Withheld shares: 18,241.425 at $119.14 per share; total value ≈ $2,173,283.
• Shares owned after transaction: not specified in the filing.
• Footnote: Shares were withheld to satisfy tax withholding on performance-based RSU vesting; a portion of the remaining vested shares was deferred to a future date (footnote F1).
• Transaction code: F (payment of exercise price or tax liability via share withholding).

Context
This was a routine tax-withholding action tied to RSU vesting (not an indication of a market purchase or discretionary sale). For RSU vestings, companies commonly withhold a portion of shares to cover taxes; a portion of vested shares can also be deferred per the insider’s deferral election.