[144] Walmart Inc. SEC Filing

Rhea-AI Filing Summary

Walmart Inc. (WMT) Form 144 reports a proposed sale of 8,800 shares of common stock through J.P. Morgan Securities on 09/02/2025 with an aggregate market value of 853,424. The shares were acquired as an RSU award on 01/31/2025 and were paid as compensation. The form also discloses two recent sales by the John D. Rainey Jr. Revocable Trust of 2,200 shares each on 07/01/2025 and 08/01/2025, generating gross proceeds of $216,565.05 and $216,258.20, respectively. The filer certifies no undisclosed material adverse information.

Insights

Securities Compliance Analyst

TL;DR: Routine insider sale notice: newly vested RSUs are being registered for sale; prior small trust sales were reported.

This Form 144 is procedural, reporting the proposed sale of 8,800 common shares acquired as RSUs on 01/31/2025. The transaction will be executed through J.P. Morgan on 09/02/2025. The filing also lists two prior trust sales of 2,200 shares each in July and August 2025 with corresponding gross proceeds. The notice includes the standard representation that no material nonpublic information is known to the seller. From a compliance perspective, the filing meets Rule 144 disclosure requirements for an intended restricted/controlled securities sale.

Corporate Governance Specialist

TL;DR: Internal compensation shares being sold; disclosure aligns with executive compensation monetization practices.

The securities to be sold originate from an RSU award granted and paid on 01/31/2025, indicating monetization of compensation rather than an external transfer. The size of the proposed sale (8,800 shares) is immaterial relative to the company's outstanding shares (7,972,851,122), suggesting no corporate-control implications. The two recorded trust sales in the prior three months are similarly small in scale. This filing is therefore unlikely to have a material governance impact.

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	J.P. Morgan Securities LLC 390 Madison Avenue 6th Floor New York NY 10013	8800	853424	7972851122	09/02/2025	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	01/31/2025	RSU Award	Issuer			8800	01/31/2025	Compensation

* 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
John D. Rainey Jr. Revocable Trust C/o Walmart, Inc. 702 S.W. 8th Street Bentonville AR 72716	Common Stock	07/01/2025	2200	216565.05
John D. Rainey Jr. Revocable Trust C/o Walmart, Inc. 702 S.W. 8th Street Bentonville AR 72716	Common Stock	08/01/2025	2200	216258.2

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 filed here report?

The filing reports a proposed sale of 8,800 Walmart common shares through J.P. Morgan Securities on 09/02/2025 with an aggregate market value of 853,424.

How were the 8,800 Walmart shares acquired?

The shares were acquired as an RSU award on 01/31/2025 and the payment type is listed as compensation.

Were there any recent Walmart share sales by related parties?

Yes. The John D. Rainey Jr. Revocable Trust sold 2,200 shares on 07/01/2025 for $216,565.05 and 2,200 shares on 08/01/2025 for $216,258.20.

Through which broker will the proposed sale be executed?

The broker listed is J.P. Morgan Securities LLC located at 390 Madison Avenue, New York, NY; the exchange listed is NYSE.

Does the filer represent possession of any undisclosed material information?

The filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed, as stated on the form.