Walmart appoints John Furner CEO effective Feb 1, 2026; reveals compensation details

Walmart Inc.

Base salary of $1.5M; annual cash incentive target 240% of base salary, maximum 300%.
Annual equity award for fiscal 2027 valued at ~$17M (85% PSUs, 15% restricted stock).
One-time PSU award of ~$10M vesting over two years (1/3 at year 1, 2/3 at year 2).
Furner had been previously named CEO in the Nov 14, 2025 8-K; this filing provides compensation terms.

item 5.02

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accession 0000104169-26-000024

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