John D. Rainey - Oct 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: Oct 1, 2024
Transactions value $: -$242,906
Form type: 4
Date filed: 10/3/2024, 04:37 PM
Previous filing: Sep 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WMT	Common	Sale	-$221K	-2.73K	-0.71%	$80.92	381K	Oct 1, 2024	Direct	F1
transaction	WMT	Common	Sale	-$22.2K	-273	-0.07%	$81.48	381K	Oct 1, 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.

Content

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.

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.