Form 4: Walmart EVP Bartlett Reports Stock Transactions

Walmart Executive Vice President Daniel J Bartlett reported the acquisition of restricted stock and the disposition of shares for tax obligations.

Summary

• Daniel J Bartlett, Executive Vice President of Walmart Inc. (WMT), reported transactions involving the company's common stock.
• On January 13, 2026, 8,302.329 shares of common stock were disposed of at a price of $117.97 per share to satisfy tax withholding obligations upon the vesting of restricted stock.
• On January 14, 2026, Bartlett acquired 13,970 shares of restricted stock at a price of $0.
• Following these transactions, Bartlett beneficially owns 647,030.333 shares of Walmart common stock directly.

Sentiment

Score: 6

Explanation: Slightly positive due to the grant of restricted stock, which aligns executive interests with shareholders, offset by the routine nature of the tax withholding.

Positives

• Executive Vice President Daniel J Bartlett received a grant of 13,970 shares of restricted stock, indicating continued compensation and alignment with shareholder interests.

Future Outlook

The restricted stock granted on January 14, 2026, is scheduled to vest in approximately equal installments on January 12, 2027, January 11, 2028, and January 9, 2029.

Industry Context

This filing represents a routine executive compensation event for a major retail corporation, consistent with common practices for incentivizing and retaining senior leadership in the industry.

Stakeholder Impact

• Shareholders: Minor positive impact as executive compensation aligns management interests with long-term company performance.
• Management: Daniel J Bartlett's compensation package is enhanced, providing continued incentive.

Next Steps

• Vesting of restricted stock in approximately equal installments on January 12, 2027.
• Vesting of restricted stock in approximately equal installments on January 11, 2028.
• Vesting of restricted stock in approximately equal installments on January 9, 2029.

Key Dates

Keywords

Walmart, WMT, Form 4, Insider Trading, Stock Grant, Restricted Stock, Executive Compensation, Daniel J Bartlett