C. Douglas McMillon - 23 Oct 2025 Form 4 Insider Report for Walmart Inc. (WMT)

Signature
/s/ Dirk Gardner, by power of attorney
Issuer symbol
WMT
Transactions as of
23 Oct 2025
Transactions value $
-$2,080,951
Form type
4
Filing time
24 Oct 2025, 16:26:37 UTC
Previous filing
26 Sep 2025
Next filing
02 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
McMillon C Douglas President and CEO 1 CUSTOMER DRIVE, BENTONVILLE /s/ Dirk Gardner, by power of attorney 24 Oct 2025 0001335782

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMT Common Sale -$2.08M -19.4K -0.44% $107.18 4.35M 23 Oct 2025 Direct F1, F2
holding WMT Common 5.77K 23 Oct 2025 By 401(k)
holding WMT Common 415K 23 Oct 2025 By Trust for Children
holding WMT Common 57.3K 23 Oct 2025 By Wife's Trust for Children
holding WMT Common 173K 23 Oct 2025 By Marital Trust
holding WMT Common 5.23K 23 Oct 2025 By Trust for Wife
holding WMT Common 6.78K 23 Oct 2025 By Son
holding WMT Common 396K 23 Oct 2025 By Wife's Trust for Children and Reporting Person
* 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 disclosed by the Issuer on Form 8-K on March 17, 2025. This sale was executed in multiple trades ranging from $107.08 to $107.20, inclusive. The price reported above represents the weighted average sale price. 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 number of shares and prices at which the transaction was effected.
F2 Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.