John D. Rainey - 01 May 2025 Form 4 Insider Report for Walmart Inc. (WMT)

Role: Executive Vice President
Signature: /s/ Jennifer F. Rudolph, by power of attorney
Issuer symbol: WMT
Transactions as of: 01 May 2025
Net transactions value: -$214,223
Form type: 4
Filing time: 05 May 2025, 18:42:38 UTC
Previous filing: 03 Apr 2025
Next filing: 04 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Rainey John D	Executive Vice President	702 SW 8TH STREET, BENTONVILLE	/s/ Jennifer F. Rudolph, by power of attorney	05 May 2025	0001547433

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WMT	Common	Sale	$214,223	-2,200	-0.35%	$97.37	632,718	01 May 2025	Direct	F1

* 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 September 6, 2024. This transaction was executed in multiple trades at prices ranging from $96.8100 to $97.7900, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request of 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 effected.

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 September 6, 2024. This transaction was executed in multiple trades at prices ranging from $96.8100 to $97.7900, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request of 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 effected.