Walmart Execs Awarded 97,713 Shares Of Restricted Stock At Year-End

The top eight Walmart officers received deferred compensation at the end of calendar 2017 totaling 97,713 shares of restricted stock. The price associated with these awards was $98.75, the closing share price on Dec. 29. The value of the restricted stock at the time of award was $9.649 million.

The restricted stock will vest on Jan. 31, 2021 and be available for the recipients to trade after that time. Deferred compensation is a common form of payment to executives that helps them accumulate shares in their employer company, giving them a vested interest at a future date.   MORE

Designed by Reinhold Technology Solutions