Form 4: Walmart Director Carla A. Harris Acquires Shares as Part of Compensation

Walmart director Carla A. Harris acquired 186 shares of common stock as part of her quarterly compensation.

Summary

• Carla A. Harris, a director at Walmart Inc., acquired 186 shares of the company's common stock on September 30, 2024.
• These shares were received as part of her quarterly director compensation.
• The number of shares was determined based on the closing price of Walmart's stock on the grant date.
• Following this transaction, Ms. Harris now beneficially owns a total of 46,784 shares of Walmart stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There is no indication of any negative sentiment.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The compensation structure aligns director interests with shareholder value.

Industry Context

Director stock acquisitions are a common practice in publicly traded companies, often used as part of compensation packages to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Director compensation packages often include stock grants, aligning their interests with shareholders.
• The practice of using the closing price on the grant date to determine the number of shares is standard practice.
• Other large public companies such as Amazon and Target also use stock grants as part of director compensation.

Stakeholder Impact

• The stock acquisition by a director can be viewed positively by shareholders as it demonstrates confidence in the company.
• The compensation structure aligns director interests with shareholder value.

Key Dates

Keywords

Walmart, Director Compensation, Stock Acquisition, Form 4, Beneficial Ownership, WMT, Carla A. Harris