John R. Furner - Jun 28, 2023 Form 4 Insider Report for Walmart Inc. (WMT)

Signature
/s/ Jennifer F. Rudolph, by power of attorney
Stock symbol
WMT
Transactions as of
Jun 28, 2023
Transactions value $
-$676,944
Form type
4
Date filed
6/30/2023, 04:18 PM
Previous filing
May 1, 2023
Next filing
Jul 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMT Common Sale -$677K -4.38K -1.53% $154.73 282K Jun 28, 2023 Direct F1, F2
holding WMT Common 1.82K Jun 28, 2023 By 401(k) plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This sale was executed in a single trade with a sales price of $154.7300 pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window and was disclosed by the Issuer on Form 8-K on March 6, 2023. 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 transaction affected.
F2 Balance adjusted to reflect shares acquired through the Walmart Inc. Associate Stock Purchase Plan.