[144] Walmart Inc. SEC Filing

Rhea-AI Filing Summary

Walmart Inc. (WMT) Form 144 filing overview

An unnamed affiliate of Walmart has filed a Form 144, indicating an intent to sell up to 39,375 shares of the company’s common stock. The shares were acquired on 01/31/2025 via a stock-award transaction with the issuer and are slated for potential sale on or about 06/20/2025 through Charles Schwab Corp on the NYSE. At an aggregate market value of $3.77 million, the notice easily exceeds the Rule 144 filing trigger of 5,000 shares or $50,000 in any three-month period.

The issuer reports 7,980,418,164 shares outstanding; therefore, the proposed sale represents a negligible ~0.0005 % of total shares and is unlikely to affect float or trading liquidity. The filer reported no sales in the prior three months. As required, the signer affirms that no undisclosed material adverse information is known.

Key takeaways for investors

• The filing merely signals an intent; the sale may or may not occur.
• The transaction size is minor relative to Walmart’s market capitalization and share count, suggesting limited market impact.
• Because the shares stem from a recent equity incentive award, the sale could be routine diversification rather than a bearish signal.

No additional financial metrics, earnings data, or strategic disclosures accompany the notice.

Insights

Securities Analyst

TL;DR: Routine Form 144—39,375 WMT shares (~$3.8 m) set for sale; immaterial relative to float, neutral impact.

The filing discloses a prospective insider sale amounting to just half of one-basis-point of Walmart’s outstanding shares. Such sales are common for executives or affiliates seeking liquidity after vesting of stock awards. The absence of prior three-month sales and the modest dollar value dampen any negative sentiment. There is no accompanying negative operational disclosure, and the representation statement certifies that the seller lacks non-public adverse information. Given Walmart’s daily trading volume and $450 billion-plus market cap, execution of this sale should not influence price discovery. Overall, neutral from both governance and valuation perspectives.

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	CHARLES SCHWAB CORP 3000 SCHWAB WAY WESTLAKE TX 76262	39375	3766955.00	7980418164	06/20/2025	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	01/31/2025	STOCK AWARD	ISSUER			39375	01/31/2025	NA

* 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

Nothing to Report

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

How many Walmart (WMT) shares are covered by the Form 144 filing?

The notice covers 39,375 common shares of Walmart Inc.

What is the proposed sale date for the WMT shares?

The filer lists an approximate sale date of 06/20/2025.

What is the aggregate market value of the shares to be sold?

The shares have an aggregate market value of $3,766,955.

How significant is the sale relative to Walmart’s outstanding shares?

With 7.98 billion shares outstanding, the sale equals roughly 0.0005 % of total shares—an immaterial amount.

How were the shares originally acquired?

The shares were obtained through a stock-award grant on 01/31/2025 from the issuer.

Which broker is handling the transaction?

The broker of record is Charles Schwab Corp., Westlake, TX.