Form 4: Walmart SVP Disposes Shares for Tax Obligations

Walmart Senior Vice President David Chojnowski disposed of 251.716 shares of common stock to cover tax obligations related to restricted stock vesting.

Summary

• David Chojnowski, Senior Vice President at Walmart Inc. (WMT), reported a transaction on December 16, 2025.
• The transaction involved the disposition of 251.716 shares of common stock.
• These shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
• The disposition occurred at a price of $116.79 per share.
• Following this transaction, Chojnowski beneficially owns 136,040.81 shares of Walmart common stock.
• The balance of shares beneficially owned was adjusted to reflect current holdings in the Walmart Inc. 2016 Associate Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The transaction is a neutral, non-discretionary sale for tax purposes, not indicative of management's sentiment towards the company's future performance.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction, common for executives receiving equity compensation, and does not indicate any specific broader industry trends or competitive shifts.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction by an individual executive and does not reflect a change in company fundamentals or strategy.

Key Dates

Keywords

Walmart, WMT, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock, Corporate Officer