Walmart EVP Seth Dallaire Withholds 387 Shares for Taxes

What Happened
Seth Dallaire, Executive Vice President of Walmart Inc. (WMT), had 386.619 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. The withholding was recorded at $112.66 per share, a total value of approximately $43,556. This is a tax-withholding disposition tied to RSU vesting, not an open-market sale.

Key Details

• Transaction date: 2026-08-11; Form 4 filed: 2026-08-13 (appears timely).
• Withheld shares: 386.619 at $112.66 per share; total value ≈ $43,556.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: F1 — these shares were withheld to satisfy tax withholding obligations upon RSU vesting (net share settlement).
• Transaction code F indicates tax withholding; not a market sale (no cash proceeds received by the insider).

Context
Withholding shares to cover taxes upon restricted stock vesting is a common, routine administrative action and does not necessarily indicate a change in the insider’s view of the company. This is a disposition for tax purposes (cashless/net-settlement) rather than an active sale or purchase in the open market.