John R. Furner - Jun 12, 2024 Form 4 Insider Report for Walmart Inc. (WMT)

Signature
/s/ Jennifer F. Rudolph, by power of attorney
Stock symbol
WMT
Transactions as of
Jun 12, 2024
Transactions value $
-$877,406
Form type
4
Date filed
6/14/2024, 05:05 PM
Previous filing
Apr 1, 2024
Next filing
Jun 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMT Common Sale -$877K -13.1K -1.95% $66.85 659K Jun 12, 2024 Direct F1, F2
holding WMT Common 5.57K Jun 12, 2024 By 401(k) plan F3
* 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 at a sales price of $66.85 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 February 28, 2024. 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 correct a prior inadvertent miscalculation, as well as to reflect incremental shares acquired through the Walmart Inc. Associate Stock Purchase Plan.
F3 Balance adjusted to reflect incremental shares acquired through the Walmart Inc. 401(k) Plan.