Dallaire Seth 4
Research Summary
AI-generated summary
Walmart (WMT) EVP Seth Dallaire Withholds Shares for Taxes
What Happened
- Seth Dallaire, Executive Vice President of Walmart Inc. (WMT), had 388.415 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. The shares were valued at $114.60 each, totaling approximately $44,512. The transaction is reported as a disposition (code F).
Key Details
- Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (filed timely).
- Shares involved: 388.415 shares withheld at $114.60 per share (total ≈ $44,512).
- Transaction code: F — shares withheld to satisfy tax withholding on vesting of restricted stock.
- Shares owned after the transaction: not specified in the filing.
- No 10b5-1 plan, late filing, or other special footnotes were reported beyond the tax-withholding note.
Context
- This is a routine tax-withholding event tied to restricted stock vesting, not an open-market sale or company-directed purchase. Such withholding transactions are common and generally do not signal insider buying or selling intent.