John D. Rainey - 03 Feb 2025 Form 4 Insider Report for Walmart Inc. (WMT)

Signature
/s/ Jennifer F. Rudolph, by power of attorney
Issuer symbol
WMT
Transactions as of
03 Feb 2025
Net transactions value
-$3,754,234
Form type
4
Filing time
05 Feb 2025, 18:47:54 UTC
Previous filing
03 Feb 2025
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMT Common Sale $443,976 -4,568 -1.5% $97.19 290,713 03 Feb 2025 Direct F1
transaction WMT Common Sale $1,073,651 -10,927 -3.8% $98.26 279,786 03 Feb 2025 Direct F2
transaction WMT Common Sale $2,236,608 -22,505 -8% $99.38 257,281 03 Feb 2025 Direct 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 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 9-6-2024. This sale transaction was executed at a weighted average stock price of $97.1926, ranging from $96.8500 through $97.7800, 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 9-6-2024. This sale transaction was executed at a weighted average stock price of $98.2567, ranging from $97.8900 through $98.8200, 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.
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 9-6-2024. This sale transaction was executed at a weighted average stock price of $99.3827, ranging from $98.8800 through $99.7700, 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.