8-K
filed June 2, 2023, 7:59 PM ET
ticker WMT
CIK 0000104169
other
confidence high
sentiment neutral
materiality 0.15
Walmart shareholders elect all 11 director nominees; reject all 8 shareholder proposals
Walmart Inc.
- All 11 director nominees elected, each with over 2.1B votes for; no significant opposition.
- Say-on-pay frequency approved at 1 year (2.22B votes); advisory compensation vote also passed (1.78B for).
- Ernst & Young ratified as independent auditor for FY2024 (2.41B for, 41.4M against).
- All 8 shareholder proposals defeated, including racial equity audit (1.82B against) and workplace safety review (1.70B against).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Walmart Inc. shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2023-05-31 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-31
Exact text from the filing
Advisory Vote to Approve Named Executive Officer Compensation. The Company's shareholders voted upon and approved, by nonbinding, advisory vote, the compensation of the Company's named executive officers, as described in the Company's proxy statement dated April 20, 2023.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Walmart Inc. shareholders rejected Shareholder proposal request to require shareholder approval of certain future bylaw amendments at the 2023-05-31 meeting.
- Proposal
- charter amendment
- Outcome
- failed
- Meeting
- 2023-05-31
Exact text from the filing
The Company's shareholders voted upon and rejected a shareholder proposal request to require shareholder approval of certain future bylaw amendments.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Walmart Inc. shareholders approved Election of Directors at the 2023-05-31 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-31
Exact text from the filing
Election of Directors The Company's shareholders elected for one-year terms all eleven persons nominated for election as directors as set forth in the Company's proxy statement dated April 20, 2023.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Walmart Inc. shareholders rejected Shareholder proposal requesting a report on human rights due diligence at the 2023-05-31 meeting.
- Outcome
- failed
- Meeting
- 2023-05-31
Exact text from the filing
The Company's shareholders voted upon and rejected a shareholder proposal requesting a report on human rights due diligence.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Walmart Inc. shareholders rejected Shareholder proposal requesting a racial equity audit at the 2023-05-31 meeting.
- Outcome
- failed
- Meeting
- 2023-05-31
Exact text from the filing
The Company's shareholders voted upon and rejected a shareholder proposal requesting a racial equity audit.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Walmart Inc. shareholders approved Advisory Vote on the Frequency of Future Say-on-Pay Votes at the 2023-05-31 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-31
Exact text from the filing
Advisory Vote on the Frequency of Future Say-on-Pay Votes. The Company's shareholders voted upon a nonbinding, advisory proposal regarding the frequency of future say-on-pay votes, as described in the Company's proxy statement dated April 20, 2023.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Walmart Inc. shareholders approved Ratification of Independent Accountants at the 2023-05-31 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-31
Exact text from the filing
Ratification of Independent Accountants. The Company's shareholders voted upon and approved the ratification of the appointment of Ernst & Young LLP to serve as the Company's independent registered accountants for the fiscal year ending January 31, 2024.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Walmart Inc. shareholders rejected Shareholder proposal requesting a policy regarding worker pay in executive compensation at the 2023-05-31 meeting.
- Outcome
- failed
- Meeting
- 2023-05-31
Exact text from the filing
The Company's shareholders voted upon and rejected a shareholder proposal requesting a policy regarding worker pay in executive compensation.
View on SEC.gov
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