Walmart (NYSE: WMT) executive plans multimillion stock sale
Rhea-AI Filing Summary
Walmart Inc. (WMT) is the issuer of common stock that Daniel Danker, identified as an officer, has filed to sell under Rule 144. The notice covers a proposed sale of 50,644 shares of Walmart common stock, to be handled by Fidelity Brokerage Services LLC on NASDAQ, following restricted stock vesting on August 25, 2026.
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Key Figures
Shares proposed to be sold: 50,644 shares of common stock
Aggregate market value: $5,335,345.40
Proposed sale date: 08/26/2026
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5 metrics
Shares proposed to be sold
50,644 shares of common stock
Number of Walmart Inc. shares covered by the Rule 144 notice
Aggregate market value
$5,335,345.40
Market value associated with the 50,644 shares listed in the filing
Proposed sale date
08/26/2026
Date listed for the proposed sale of Walmart Inc. common stock
Acquisition date of securities
08/25/2026
Date of restricted stock vesting from which the shares to be sold arose
Security type
Common stock
Class of Walmart Inc. securities covered by the notice
Key Terms
Rule 144, restricted stock vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 08/25/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
