Walmart (WMT) EVP Seth Dallaire Withholds 386.619 Shares for Taxes

What Happened

• Seth Dallaire, Executive Vice President at Walmart (WMT), had 386.619 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. The shares were valued at $114.78 each, for a total of $44,376. This was a tax-withholding disposition (not an open-market sale or a purchase).

Key Details

• Transaction date: 2026-07-14
• Price per share: $114.78
• Shares withheld/disposed: 386.619
• Reported transaction value: $44,376
• Footnote: F1 — shares withheld to satisfy tax withholding upon RSU vesting
• Filing: Reported on Form 4 filed 2026-07-16 (two days after the transaction); appears timely
• Shares owned after transaction: Not disclosed in the provided filing excerpt

Context

• This was a routine tax-withholding transaction tied to vested restricted stock (cashless withholding), not an intentional open-market sale or purchase that signals a change in investment view. For retail investors, purchases by insiders are typically more informative about sentiment; tax withholdings are standard administrative actions.