John D. Rainey - Feb 1, 2024 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
Feb 1, 2024
Transactions value $
-$167,163
Form type
4
Date filed
2/5/2024, 05:28 PM
Previous filing
Jan 16, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction WMT Common -Sell -$24,192 -146 -0.08% $165.70 177,725 Feb 1, 2024 Direct F1
transaction WMT Common -Sell -$44,361 -266 -0.15% $166.77 177,459 Feb 1, 2024 Direct F2
transaction WMT Common -Sell -$98,610 -588 -0.33% $167.70 176,871 Feb 1, 2024 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 $165.2300 through $166.2100, 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 $166.2500 through $167.2000, 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 $167.2400 through $168.1300, 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.