[144] Walmart Inc. SEC Filing

Rhea-AI Filing Summary

Walmart Inc. (WMT) filing a Form 144 notifies the proposed sale of 30,000 common shares through Fidelity Brokerage Services with an approximate aggregate market value of $3,103,967.05. The shares were acquired on 01/31/2025 via restricted stock vesting as compensation and the approximate sale date is listed as 09/12/2025.

The filing shows total shares outstanding of 7,972,851,122, indicating the proposed sale represents a very small fraction of the company (under 0.001%). The filer reports no other sales in the past three months and affirms no undisclosed material adverse information about the issuer.

Insights

Financial Analyst

TL;DR: Small insider sale from vested restricted stock; immaterial relative to market cap and outstanding shares.

The proposed sale of 30,000 shares valued at about $3.1 million is a routine liquidity event following restricted stock vesting. Relative to reported outstanding shares (7.97 billion), this disposal is negligible and unlikely to affect Walmart's share supply or valuation. Absence of other sales in the past three months and the required representation about material information reduce immediate governance concerns. Impact on investors is minimal unless part of a larger, undisclosed pattern of insider selling.

Corporate Governance Expert

TL;DR: Transaction appears compliant with disclosure norms; no red flags in the Form 144 details provided.

The filing documents acquisition by restricted stock vesting and planned sale via a broker, consistent with standard executive or employee compensation monetization. The signer’s attestation that no undisclosed material information exists is required and present. Because the sale size is tiny versus outstanding shares and there are no recent sales reported, this Form 144 does not by itself signal governance or disclosure issues.

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	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	30000	3103967.05	7972851122	09/12/2025	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	Restricted Stock Vesting	Issuer			30000	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

Nothing to Report

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 Walmart's (WMT) Form 144 report?

The filing reports a proposed sale of 30,000 common shares acquired by restricted stock vesting on 01/31/2025, to be sold around 09/12/2025 via Fidelity.

How much are the shares in the Form 144 worth?

The aggregate market value reported is $3,103,967.05 for the 30,000 shares.

How significant is the proposed sale versus Walmart's outstanding shares?

Walmart's reported outstanding shares are 7,972,851,122, so the proposed sale is a very small fraction (0.001%).

Did the filer report other sales in the past three months for WMT?

No. The filing states "Nothing to Report" for securities sold during the past three months.

How were the shares acquired according to the Form 144?

The shares were acquired on 01/31/2025 through restricted stock vesting and the payment nature is listed as compensation.