[Form 3] Walmart Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Daniel Danker filed an Initial Statement of Beneficial Ownership (Form 3) reporting his relationship to Walmart Inc. (WMT) as an Executive Vice President and a Director. The transaction date triggering the filing is 08/18/2025. The Form discloses zero shares of common stock beneficially owned (listed as Common: 0, Direct). The filing is signed on behalf of Danker by Mary Marshall under power of attorney on 08/20/2025.

Positive

• Filing discloses relationship to Walmart as Executive Vice President and Director, providing transparency
• Form 3 submitted with event date 08/18/2025 and signed via power of attorney on 08/20/2025, meeting disclosure mechanics

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine initial ownership filing showing no direct common stock holdings by an executive director.

The Form 3 is a standard disclosure that notifies investors of a reporting person's status and any ownership stake. This filing explicitly lists the reporting person as an Executive Vice President and Director but reports no direct common stock ownership at the time of filing. There are no derivative holdings or additional remarks provided. The filing appears administrative and not materially impactful.

Securities Compliance Analyst

TL;DR: Compliance filing completed and signed by POA; no securities reported.

The document satisfies Section 16(a) initial reporting requirements by identifying the reporting person, role, issuer (WMT), and the event date 08/18/2025. It records Common: 0 under non-derivative holdings and contains no derivative entries. Signature was executed by Mary Marshall via power of attorney on 08/20/2025, indicating proper execution mechanics were used.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Danker Daniel

(Last) (First) (Middle)

1 CUSTOMER DRIVE

(Street)

BENTONVILLE AR 72716

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/18/2025

3. Issuer Name and Ticker or Trading Symbol
Walmart Inc. [ WMT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Mary Marshall, by power of attorney	08/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 3 for Walmart (WMT)?

The reporting person is Daniel Danker, identified as an Executive Vice President and Director.

When is the event date reported on the Form 3 for WMT?

The Date of Event Requiring Statement is 08/18/2025.

How many shares of common stock does the Form 3 report for Daniel Danker?

The Form reports 0 shares of common stock beneficially owned (listed as Direct ownership).

Were any derivative securities reported on the Form 3?

No derivative securities or related entries are listed in Table II of the filing.

Who signed the Form 3 and when?

The filing is signed by Mary Marshall by power of attorney on 08/20/2025.