secwatch.observer — SEC 8-K summary
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Issuer:     Walmart Inc. (WMT)
CIK:        0000104169
Form:       8-K/A
Filed at:   2026-01-16T23:59:59+00:00
Accession:  0000104169-26-000024
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104169/000010416926000024/0000104169-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104169/000010416926000024/wmt-20251113.htm
  HTML page:      https://secwatch.observer/filing/0000104169-26-000024

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