Walton-linked entities disclose planned 104,000-share Walmart sale

Rhea-AI Filing Summary

Walton-affiliated holders have filed a notice to sell Walmart stock under Rule 144. The filing covers the proposed sale of 104,000 shares of Walmart common stock through Goldman Sachs & Co. LLC on the NYSE, with an aggregate market value of $11,128,000 and 7,972,851,122 shares outstanding cited as context.

The 104,000 shares were received on 11/24/2025 as a charitable contribution from CIENEGA Investments, LLC, which originally acquired the stock on 05/01/2007, with no non-cash payment arrangements disclosed. The filing also lists recent open-market sales over the prior three months by related entities such as Walton Family Holdings Trust, WPS2 Fund, The Rob Walton Foundation, and Builders Vision Foundation, including individual transactions like 4,145,744 shares sold on 11/21/2025 for gross proceeds of about $439.3 million.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	104000	11128000	7972851122	11/25/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	11/24/2025	Charitable Contribution	CIENEGA Investments, LLC		05/01/2007	104000	11/24/2025	None

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	08/25/2025	317287	30679558.81
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	08/26/2025	688586	66138134.43
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	08/27/2025	398852	38325888.11
WPS2 Fund 1 Customer Drive Bentonville AR 72716	Common Stock	08/28/2025	73422	7066948.26
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	08/28/2025	767418	73842725.02
WPS2 Fund 1 Customer Drive Bentonville AR 72716	Common Stock	08/29/2025	136578	13197381.9
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	08/29/2025	1371230	132498526.83
The Rob Walton Foundation 1 Customer Drive Bentonville AR 72716	Common Stock	09/10/2025	758000	76252677.6
Builders Vision Foundation 1 Customer Drive Bentonville AR 72716	Common Stock	09/10/2025	3395000	341527494
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	09/16/2025	2389000	247148739.2
Builders Vision Foundation 1 Customer Drive Bentonville AR 72716	Common Stock	09/17/2025	2550000	266337555
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	11/21/2025	4145744	439271840.73

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the WMT Form 144 filing disclose about upcoming stock sales?

The notice discloses a planned sale of 104,000 shares of Walmart common stock, with an aggregate market value of $11,128,000, to be sold on the NYSE through Goldman Sachs & Co. LLC around 11/25/2025.

Who is the broker for the Walmart (WMT) shares covered by this Form 144?

The shares covered by this Form 144 are to be sold through Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282, with the securities listed on the NYSE.

How were the 104,000 Walmart (WMT) shares in this Form 144 acquired?

The 104,000 shares of Walmart common stock were acquired on 11/24/2025 via a charitable contribution from CIENEGA Investments, LLC, which originally acquired the securities on 05/01/2007. No special payment terms are indicated.

What recent Walmart stock sales by Walton-related entities are reported in the Form 144?

The filing lists multiple sales during the past three months by entities including Walton Family Holdings Trust, WPS2 Fund, The Rob Walton Foundation, and Builders Vision Foundation. Examples include 4,145,744 shares sold by Walton Family Holdings Trust on 11/21/2025 for about $439.3 million, and 3,395,000 shares sold by Builders Vision Foundation on 09/10/2025 for roughly $341.5 million.

What is the total number of Walmart (WMT) shares outstanding referenced in this Form 144?

The notice cites 7,972,851,122 shares of Walmart common stock as outstanding in connection with the 104,000-share sale information.

What does the representation section of the WMT Form 144 say about inside information?

The person for whose account the securities are to be sold represents that they do not know any material adverse information about Walmart’s current or prospective operations that has not been publicly disclosed, and acknowledges that intentional misstatements or omissions can constitute federal criminal violations.