John D. Rainey - 01 Oct 2024 Form 4 Insider Report for Walmart Inc. (WMT)

Signature
/s/ Jennifer F. Rudolph, by power of attorney
Issuer symbol
WMT
Transactions as of
01 Oct 2024
Net transactions value
-$242,906
Form type
4
Filing time
03 Oct 2024, 16:37:31 UTC
Previous filing
05 Sep 2024
Next filing
05 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMT Common Sale $220,660 -2,727 -0.71% $80.92 381,438 01 Oct 2024 Direct F1
transaction WMT Common Sale $22,245 -273 -0.07% $81.48 381,165 01 Oct 2024 Direct F2
* 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 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 a weighted average stock price of $80.9169 (stock price per share ranging from $80.4400 through $81.4400, inclusive). 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 sale transaction was executed at a weighted average stock price of $81.4846, ranging from $81.4500 through $81.5100, inclusive. 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.