C. Douglas McMillon - 22 Jan 2026 Form 4 Insider Report for Walmart Inc. (WMT)

Role: President and CEO
Signature: /s/ Dirk Gardner, by power of attorney
Issuer symbol: WMT
Transactions as of: 22 Jan 2026
Net transactions value: -$2,313,875
Form type: 4
Filing time: 23 Jan 2026, 17:49:53 UTC
Previous filing: 15 Jan 2026
Next filing: 03 Feb 2026
SEC: View on sec.gov

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	23 Jan 2026	0001335782

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WMT	Common	Sale	$2,313,875	-19,416	-0.45%	$119.17	4,274,856	22 Jan 2026	Direct	F1
holding	WMT	Common						5,786	22 Jan 2026	By 401(k)
holding	WMT	Common						415,203	22 Jan 2026	By Trust for Children
holding	WMT	Common						57,270	22 Jan 2026	By Wife's Trust for Children
holding	WMT	Common						173,466	22 Jan 2026	By Marital Trust
holding	WMT	Common						5,233	22 Jan 2026	By Trust for Wife
holding	WMT	Common						6,777	22 Jan 2026	By Son
holding	WMT	Common						395,970	22 Jan 2026	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 $119.05 to $119.263, 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.

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 disclosed by the Issuer on Form 8-K on March 17, 2025. This sale was executed in multiple trades ranging from $119.05 to $119.263, 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.