Walmart (NYSE: WMT) Rule 144 notices show large trust and foundation sales

Rhea-AI Filing Summary

Walmart submitted Rule 144 notices reporting multiple proposed sales of Common Stock. The filing lists a sequence of planned or reported dispositions by affiliated trusts and foundations, including large trustee sales such as 2,979,763 shares on 03/25/2026 and 1,701,466 shares on 02/27/2026. The filings identify transfers by charitable or trust entities and show dollar values for individual transactions.

Insights

Securities Compliance Analyst

Rule 144 notices list multiple trust and foundation share disposals by date and amount.

The filing records specific proposed or completed dispositions of Common Stock by entities such as Walton Family Holdings Trust and charitable foundations, with per-transaction dollar amounts listed (for example, $217,366,444.67 on 02/27/2026). These are regulatory notices under Rule 144 and function as sale notifications rather than company actions.

Timing and tax/benefit treatment are not described here; subsequent transfer settlement details and broker/dealer execution method are not provided in the excerpt.

Key Figures

Example sale - 02/27/2026: 1,701,466 shares Example sale - 03/25/2026: 2,979,763 shares Dollar value - 02/27/2026: $217,366,444.67 +2 more

5 metrics

Example sale - 02/27/2026 1,701,466 shares sale by Walton Family Holdings Trust on <date>02/27/2026</date>

Example sale - 03/25/2026 2,979,763 shares sale by Walton Family Holdings Trust on <date>03/25/2026</date>

Dollar value - 02/27/2026 <money>$217,366,444.67</money> value reported for 1,701,466 shares on <date>02/27/2026</date>

Dollar value - 03/25/2026 <money>$366,403,875.51</money> value reported for 2,979,763 shares on <date>03/25/2026</date>

Charitable transfer noted 43,000 shares Charitable Contribution by CIENEGA Investments, LLC on <date>05/27/2026</date>

Key Terms

Form 144, Rule 144, Charitable Contribution, Trust/Foundation dispositions

4 terms

Form 144 regulatory

"Rule 144 notices reporting proposed sales of Common Stock"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Rule 144 regulatory

"notifications of proposed dispositions by affiliates and insiders"

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.

Charitable Contribution other

"CIENEGA Investments, LLC listed as Charitable Contribution on 05/27/2026"

Trust/Foundation dispositions other

"Walton Family Holdings Trust and The Rob Walton Foundation listed as sellers"

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	43000	5097220	7970990515	05/27/2026	NASD

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	05/27/2026	Charitable Contribution	CIENEGA Investments, LLC		05/01/2007	43000	05/27/2026	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	02/27/2026	1701466	217366444.67
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	03/02/2026	314572	40297994.4
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	03/03/2026	682539	87476860.14
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	03/04/2026	67796	8677989.69
Alumbra Innovations Foundation 1 Customer Drive Bentonville AR 72716	Common Stock	03/05/2026	25000	3131000
The Rob Walton Foundation 1 Customer Drive Bentonville AR 72716	Common Stock	03/06/2026	427000	52644274.9
The Walton Family Foundation, Inc. 1 Customer Drive Bentonville AR 72716	Common Stock	03/06/2026	79000	9739807.3
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	03/09/2026	1389794	172655081.48
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	03/11/2026	1389792	172079181.17
Wartime History Museum Inc. 1 Customer Drive Bentonville AR 72716	Common Stock	03/17/2026	35000	4421991
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	03/24/2026	299237	36604973.96
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	03/25/2026	2979763	366403875.51
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	05/22/2026	1591500	190975702.95
Walton Family Holdings Trust 1 Customer Drive Bentonville AR 72716	Common Stock	05/26/2026	532340	63461688.72

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 Form 144 filing show?

It lists proposed or reported sales of Common Stock by trusts and foundations, each with share counts and dollar values. The excerpt includes dates and amounts for individual transactions such as sales on 02/27/2026 and 03/25/2026.

Who are the primary sellers named in the WMT Form 144 excerpt?

Entities include Walton Family Holdings Trust, The Walton Family Foundation, The Rob Walton Foundation, and other affiliated charitable entities. The filing attributes specific share dispositions to those trusts and foundations with dates and values.

How large were some of the reported transactions in the filing?

Examples include a sale of 1,701,466 shares valued at $217,366,444.67 on 02/27/2026 and 2,979,763 shares valued at $366,403,875.51 on 03/25/2026. Individual dollar amounts are listed per transaction.

Does the Form 144 filing indicate who receives proceeds?

The excerpt identifies charitable and trust entities as sellers but does not state the recipient of proceeds beyond those entities. Cash-flow treatment or use of proceeds is not described in the provided excerpt.

Are these sales insider trades or charitable transfers?

The filing records both dispositions and at least one labeled transfer as a Charitable Contribution (CIENEGA Investments, LLC on 05/27/2026). Other entries are reported sales by trusts and foundations with dates and amounts.