Walmart (NYSE: WMT) director McMillon sells 19,416 shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Walmart Inc. director C Douglas McMillon reported an open-market sale of 19,416 shares of Walmart common stock on May 28, 2026 at a weighted average price of $118.6265 per share.
The transaction was executed under a pre-arranged Rule 10b5-1 Plan. After the sale, he directly holds 4,174,578.707 shares. He also reports several indirect holdings through family-related trusts, a marital trust, a 401(k), and a son, including 395,970 shares held by his wife’s trust for children and the reporting person and 5,797.1916 shares held through a 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 19,416 shares ($2,303,252)
Net Sell
8 txns
Insider
McMillon C Douglas
Role
null
Sold
19,416 shs ($2.30M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 19,416 | $118.6265 | $2.30M |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 4,174,578.707 shares (Direct, null);
Common — 5,797.192 shares (Indirect, By 401(k))
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 19,416 shares
Weighted average sale price: $118.6265 per share
Direct holdings after sale: 4,174,578.707 shares
+3 more
6 metrics
Shares sold
19,416 shares
Open-market sale on May 28, 2026
Weighted average sale price
$118.6265 per share
Common stock sale on May 28, 2026
Direct holdings after sale
4,174,578.707 shares
Total Walmart common shares directly owned post-transaction
Wife’s trust for children and reporter
395,970 shares
Indirect ownership via wife’s trust for children and reporting person
Trust for children
415,203 shares
Indirect ownership via trust for children
401(k) indirect holdings
5,797.1916 shares
Indirect ownership via 401(k) account
Key Terms
Rule 10b5-1 Plan, weighted average sale price, open trading window, Form 8-K, +1 more
5 terms
Rule 10b5-1 Plan regulatory
"This sale was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average sale price financial
"The price reported above represents the weighted average sale price."
open trading window regulatory
"Plan that was entered into by the Reporting Person during an open trading window"
A designated period when company executives, directors and certain employees are permitted to buy or sell their employer’s stock under the company’s trading policy because material information has been disclosed. Think of it like scheduled store hours after a big delivery: it reduces the risk of trading on secret information, and investors watch insider activity during these windows as a signal of how those closest to the business view its prospects.
Form 8-K regulatory
"disclosed by the Issuer on Form 8-K on March 17, 2025."
A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
