Walmart Inc.·4

Mar 11, 7:24 PM ET

Milum Dwayne M 4

Research Summary

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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.