Form 4: Walmart Director Timothy Flynn Acquires Shares Through Deferred Compensation

Walmart director Timothy Flynn acquired 480 shares of common stock through deferred compensation.

Summary

• Director Timothy Flynn acquired 480 shares of Walmart common stock on June 30, 2024.
• The shares were acquired as part of a deferred compensation plan.
• The number of shares was determined using the closing price of Walmart's stock on the last trading day before the grant date.
• Following the transaction, Flynn's total holdings are 149,229.9095 shares.

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.

Industry Context

This is a routine filing related to director compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Deferred compensation plans are a common practice for directors of large public companies like Walmart.
• The number of shares granted is typical for director compensation and is based on the company's stock price.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.

Key Dates

Keywords

Walmart, Director, Timothy Flynn, Share Acquisition, Deferred Compensation, SEC Form 4, WMT