John D. Rainey - Dec 1, 2023 Form 4 Insider Report for Walmart Inc. (WMT)

Role
Executive Vice President
Signature
/s/ Jennifer F. Rudolph, by power of attorney
Stock symbol
WMT
Transactions as of
Dec 1, 2023
Transactions value $
-$154,056
Form type
4
Date filed
12/5/2023, 04:47 PM
Previous filing
Nov 3, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction WMT Common -Sell -$107,224 -698 -0.42% $153.62 167,037 Dec 1, 2023 Direct F1
transaction WMT Common -Sell -$12,846 -83 -0.05% $154.77 166,954 Dec 1, 2023 Direct F2
transaction WMT Common -Sell -$33,986 -219 -0.13% $155.19 166,735 Dec 1, 2023 Direct F3

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 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 3-24-2023. This transaction was executed in multiple trades at prices ranging from $152.9800 to $153.9700, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected.
F2 This sale was executed 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 3-24-2023. This transaction was executed in multiple trades at prices ranging from $154.0000 to $154.9800, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected.
F3 This sale was executed 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 3-24-2023. This transaction was executed in multiple trades at prices ranging from $154.9900 to $155.4500, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected.