C. Douglas McMillon files to sell Walmart stock worth $8.08M

Rhea-AI Filing Summary

Walmart Inc. insider stock sale notice: C. Douglas McMillon has indicated an intention to sell 77,664 shares of Walmart common stock through Arvest Wealth Management, with an aggregate market value of $8,081,715.84, to be sold on or about 11/28/2025 on the NYSE/Nasdaq. Walmart had 7,972,851,122 common shares outstanding at the time referenced in this notice; this is a baseline figure, not the amount being sold. The shares to be sold were originally acquired on 03/07/2022 as equity grants under Walmart’s equity compensation plans and were fully paid as of 01/31/2024. Over the past three months, McMillon has sold three blocks of 19,416 shares each, with gross proceeds of about $2.08 million, $2.00 million, and $1.86 million on 10/23/2025, 09/25/2025, and 08/28/2025, respectively.

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	Arvest Wealth Management 405 S. Walton Blvd. Bentonville AR 72712	77664	8081715.84	7972851122	11/28/2025	NYSE(12/8)/NASDAQ

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	03/07/2022	Equity grants pursuant to the issuers equity compensation plans	Walmart Inc.			116568	01/31/2024	All paid in full.

* 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
C. Douglas McMillon 1 Customer Drive Bentonville AR 72716	Common Stock	10/23/2025	19416	2080950.57
C. Douglas McMillon 1 Customer Drive Bentonville AR 72716	Common Stock	09/25/2025	19416	2003987.49
C. Douglas McMillon 1 Customer Drive Bentonville AR 72716	Common Stock	08/28/2025	19416	1863466.72

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

How many Walmart (WMT) shares does C. Douglas McMillon plan to sell?

The notice states that C. Douglas McMillon intends to sell 77,664 shares of Walmart common stock through Arvest Wealth Management.

What is the aggregate market value of the Walmart (WMT) shares planned for sale?

The planned sale of 77,664 Walmart common shares has an aggregate market value of $8,081,715.84 according to the notice.

When is the planned sale date for C. Douglas McMillon’s Walmart (WMT) shares?

The approximate date of sale listed is 11/28/2025, with the shares to be sold on the NYSE and/or Nasdaq.

How and when did C. Douglas McMillon acquire the Walmart (WMT) shares being sold?

The shares were acquired as equity grants under Walmart’s equity compensation plans on 03/07/2022, and the notice states they were all paid in full by 01/31/2024.

How many Walmart (WMT) shares were outstanding in this insider sale notice?

The notice reports that 7,972,851,122 Walmart common shares were outstanding as the baseline share count at the time referenced.

What Walmart (WMT) stock sales has C. Douglas McMillon made in the last 3 months?

Over the past three months, he sold three blocks of 19,416 shares each on 08/28/2025, 09/25/2025, and 10/23/2025, with gross proceeds of $1,863,466.72, $2,003,987.49, and $2,080,950.57, respectively.

Through which broker will C. Douglas McMillon sell his Walmart (WMT) shares?

The broker named in the notice is Arvest Wealth Management, located at 405 S. Walton Blvd., Bentonville, AR 72712.