Guggina David W 4
Research Summary
AI-generated summary
Walmart (WMT) EVP David Guggina Withholds 198 Shares for Taxes
What Happened
David W. Guggina, Executive Vice President of Walmart Inc. (WMT), had 198.326 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. The withholding was recorded at $129.02 per share, for a total value of $25,588. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-10; Form 4 filed: 2026-02-12 (timely filing).
- Withheld shares: 198.326 at $129.02/share — total value ≈ $25,588.
- Transaction code: F (shares withheld to satisfy tax liability).
- Shares owned after transaction: not provided in the excerpt of the filing.
- Footnote: A portion of the remaining vested shares was deferred by the reporting person to a future date (per footnote F1).
Context
This activity reflects routine tax withholding on vesting of restricted stock rather than a discretionary sale; withheld shares are commonly used to cover tax obligations and do not necessarily signal the insider’s view on the stock.