S. Robson Walton - Mar 27, 2023 Form 4 Insider Report for Walmart Inc. (WMT)

Signature
/s/ Jennifer F. Rudolph, by power of attorney
Stock symbol
WMT
Transactions as of
Mar 27, 2023
Transactions value $
-$447,393,737
Form type
4
Date filed
3/29/2023, 06:29 PM
Previous filing
Mar 24, 2023
Next filing
Mar 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMT Common Stock Other $0 -500K -0.2% $0.00 252M Mar 27, 2023 By Trust F1
transaction WMT Common Stock Sale -$37.1M -259K -0.1% $143.48 252M Mar 27, 2023 By Trust F2
transaction WMT Common Stock Sale -$174M -1.2M -0.48% $144.28 251M Mar 27, 2023 By Trust F3
transaction WMT Common Stock Sale -$6.2M -42.8K -0.02% $144.88 251M Mar 27, 2023 By Trust F4
transaction WMT Common Stock Sale -$181M -1.26M -0.5% $143.71 249M Mar 28, 2023 By Trust F5
transaction WMT Common Stock Sale -$49.2M -341K -0.14% $144.23 249M Mar 28, 2023 By Trust F6, F7
holding WMT Common Stock 3.22M Mar 27, 2023 Direct
holding WMT Common Stock 1B Mar 27, 2023 By Limited Liability Company F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction is a distribution of 500,000 shares of Common Stock, for no consideration, by the Walton Family Holdings Trust (the "Trust") to a beneficiary of the Trust.
F2 This sale from the Trust was executed in multiple trades at prices ranging from $142.81 to $143.805, inclusive. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F3 This sale from the Trust was executed in multiple trades at prices ranging from $143.81 to $144.805, inclusive. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F4 This sale from the Trust was executed in multiple trades at prices ranging from $144.81 to $144.97, inclusive. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F5 This sale from the Trust was executed in multiple trades at prices ranging from $143.06 to $144.055, inclusive. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F6 This sale from the Trust was executed in multiple trades at prices ranging from $144.06 to $144.40, inclusive. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F7 The reporting person is a trustee of the Trust, the entity that owns 249,123,886 shares of Common Stock. The reporting person disclaims beneficial ownership of the reported securities held by the Trust except to the extent of his pecuniary interest therein.
F8 The reporting person is a member of Walton Enterprises, LLC, the entity that owns 1,000,891,131 shares of Common Stock. The reporting person disclaims beneficial ownership of the reported securities held by such LLC except to the extent of his pecuniary interest therein.