Milum Dwayne M 4
4 · Walmart Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Walmart (WMT) SVP Dwayne Milum Receives RSU Award
What Happened
Dwayne Milum, SVP & Controller of Walmart Inc., was awarded 7,634.913 restricted stock units (RSUs) on March 9, 2026 (transaction code A). These RSUs were granted at $0 and are scheduled to vest on Jan. 31, 2028, subject to continued employment. On March 10, 2026, 178.222 shares were withheld (transaction code F) at a reported price of $124.34 per share to satisfy tax withholding obligations, a withholding value of about $22,160.
Key Details
- Transaction dates: RSU grant on 2026-03-09; shares withheld for taxes on 2026-03-10.
- Prices/values: RSUs granted at $0; 178.222 shares withheld at $124.34 ≈ $22,160.
- Vesting: RSUs scheduled to vest Jan. 31, 2028 if Milum remains employed (Footnote F1).
- Tax withholding: The share disposal represents shares withheld to satisfy tax obligations upon vesting (Footnote F2).
- Post-transaction holdings: Form notes a balance adjustment reflecting the Walmart 2016 Associate Stock Purchase Plan (Footnote F3); the filing does not disclose an exact total share count after these entries.
- Timeliness: Report lists the period of report as 2026-03-09 and was filed 2026-03-11 — recorded as a routine, timely Form 4 filing.
Context
This was an equity award (not an open-market purchase or a voluntary sale). RSU grants are a common part of executive compensation and represent potential future ownership if vesting conditions are met; the withheld shares are a standard, administrative step to cover tax liabilities and do not necessarily indicate a change in sentiment.
Insider Transaction Report
- Award
Common
[F1]2026-03-09+7,634.913→ 49,984.373 total - Tax Payment
Common
[F2][F3]2026-03-10$124.34/sh−178.222$22,160→ 49,806.151 total
Footnotes (3)
- [F1]Represents restricted stock units earned by Reporting Person upon achievement of performance goals for the one-year period ended Jan. 31, 2026, as certified by the Compensation and Management Development Committee on March 9, 2026. The restricted stock units are scheduled to vest Jan. 31, 2028, if Reporting Person remains employed by the Issuer on that date.
- [F2]Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
- [F3]Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.