Form 4: Walmart Executive Vice President Rachel L. Brand Reports Stock Transaction
SEC Form 4 Filing
Rachel L. Brand, an Executive Vice President at Walmart Inc., reported the disposition of 37,027.552 shares of common stock to cover tax obligations on vested restricted stock units on January 31, 2025.
Summary
- On January 31, 2025, Rachel L. Brand, an Executive Vice President of Walmart Inc., reported a transaction involving Walmart's common stock.
- The transaction involved the disposition of 37,027.552 shares at a price of $98.65 per share.
- This disposition was to satisfy tax withholding obligations upon the vesting of performance-based restricted stock units.
- Following the transaction, Brand directly owns 278,317.827 shares of Walmart common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction related to tax obligations, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock transaction (disposition of shares). |
| 02/03/2025 | Date of signature on the Form 4 filing. |
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