secwatch.observer — SEC 8-K summary
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Issuer:     Walmart Inc. (WMT)
CIK:        0000104169
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0000104169-25-000168
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Walmart appoints Dwayne Milum as Controller (principal accounting officer) effective Feb 1, 2026
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- Dwayne Milum appointed SVP and Controller, succeeding David Chojnowski who becomes SVP, Treasurer and Tax.
- Milum will receive annual base salary of $600,000; target cash incentive 50% of base under MIP.
- For FY2027, performance-based RSUs with target value $1,125,000 (vest Jan 31, 2030) and restricted stock $375,000 (3-year vest).
- Milum enters one-year non-compete; if terminated without cause, salary continues up to one year.
- Employment is at-will; no employment contract.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104169/000010416925000168/0000104169-25-000168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104169/000010416925000168/wmt-20251022.htm
  HTML page:      https://secwatch.observer/filing/0000104169-25-000168

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer