Walmart Inc.·4

May 7, 4:59 PM ET

Dallaire Seth 4

Research Summary

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Updated

Walmart EVP Seth Dallaire Sells 388 Shares to Cover Taxes

What Happened

  • Seth Dallaire, Executive Vice President of Walmart (WMT), had 388.415 shares withheld/ disposed to satisfy tax withholding obligations upon the vesting of restricted stock. The shares were valued at $130.33 each, for a total of about $50,622.
  • This transaction is a tax-withholding disposition (routine) rather than an open-market sale or a purchase, and does not necessarily signal a change in his investment view.

Key Details

  • Transaction date: 2026-05-05; Filing date: 2026-05-07 (filed within the normal 2-business-day reporting window).
  • Price per share: $130.33; Total value reported: ~$50,622.
  • Shares involved: 388.415 (fractional shares withheld).
  • Shares owned after transaction: Not disclosed in the Form 4 filing.
  • Footnote: F1 — Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
  • Transaction code: F (tax withholding / disposition)

Context

  • This was a tax-withholding action tied to RSU vesting (a common, routine occurrence). Such withholdings are administrative and not the same as an insider selling shares on the open market for investment or liquidity reasons.