Donna Morris - 13 Jan 2026 Form 4 Insider Report for Walmart Inc. (WMT)

Signature
/s/ Dirk Gardner, by power of attorney
Issuer symbol
WMT
Transactions as of
13 Jan 2026
Net transactions value
-$1,747,181
Form type
4
Filing time
15 Jan 2026, 19:33:54 UTC
Previous filing
26 Sep 2025
Next filing
03 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Morris Donna Executive Vice President 1 CUSTOMER DRIVE, BENTONVILLE /s/ Dirk Gardner, by power of attorney 15 Jan 2026 0001598108

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMT Common Tax liability $619,318 -5,250 -0.98% $117.97 530,561 13 Jan 2026 Direct F1
transaction WMT Common Award $0 +15,135 +2.9% $0.000000 545,696 14 Jan 2026 Direct F2
transaction WMT Common Sale $1,127,863 -9,384 -1.7% $120.19 536,312 14 Jan 2026 Direct F3
holding WMT Common 65,178 13 Jan 2026 By Family Trust
* 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 Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock. A portion of the remaining vested shares was deferred by the Reporting Person to a future date.
F2 Restricted stock granted on January 14, 2026, scheduled to vest in approximately equal installments on January 12, 2027, January 11, 2028, and January 9, 2029.
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 disclosed by the Issuer on Form 8-K on September 22, 2025.