Walmart (WMT)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-03-09 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Walmart Inc. (WMT) CIK: 0000104169 --- Reporting Owner --- Name: Nicholas Christopher James CIK: 0001992808 Role: Officer (Executive Vice President) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Date: 2026-03-09 | Code: A (Grant or award) Shares: +65,684 | Price: $0.00 Shares Owned After: 599,149.838 | Ownership: D (Direct) Footnotes: [F1] Represents restricted stock units earned by Reporting Person upon achievement of performance goals for the one-year period ended Jan. 31, 2026, as certified by the Compensation and Management Development Committee on March 9, 2026. The restricted stock units are scheduled to vest Jan. 31, 2028, if Reporting Person remains employed by the Issuer on that date. [Transaction #2] Security: Common Date: 2026-03-10 | Code: F (Payment of exercise/tax) Shares: -120.929 | Price: $124.34 Total Value: $15,036.31 Shares Owned After: 599,028.909 | Ownership: D (Direct) Footnotes: [F2] Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. A portion of the remaining vested shares was deferred by the Reporting Person to a future date. --- Footnotes (Complete Index) --- F1: Represents restricted stock units earned by Reporting Person upon achievement of performance goals for the one-year period ended Jan. 31, 2026, as certified by the Compensation and Management Development Committee on March 9, 2026. The restricted stock units are scheduled to vest Jan. 31, 2028, if Reporting Person remains employed by the Issuer on that date. F2: Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. A portion of the remaining vested shares was deferred by the Reporting Person to a future date. --- Signature --- /s/ /s/ Dirk Gardner, by power of attorney (2026-03-11)