STOCK TITAN

Walmart (NYSE: WMT) CEO John Furner sells 13,125 shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Walmart Inc. President & CEO John R. Furner reported selling a total of 13,125 shares of Walmart common stock in open-market transactions on April 16, 2026. The sales were executed at weighted average prices of $124.63 and $125.06 per share pursuant to a pre-established Rule 10b5-1 trading plan.

After these sales, Furner directly holds 674,162.405 Walmart shares. He also indirectly holds 5,662.2277 shares through a Walmart 2016 Associate Stock Purchase/401(k) plan and 132,850 shares through a spousal trust, reflecting a substantial remaining ownership stake.

Positive

  • None.

Negative

  • None.
Insider Furner John R.
Role President & CEO
Sold 13,125 shs ($1.64M)
Type Security Shares Price Value
Sale Common 6,703 $124.63 $835K
Sale Common 6,422 $125.06 $803K
holding Common -- -- --
holding Common -- -- --
Holdings After Transaction: Common — 680,584.405 shares (Direct); Common — 5,662.228 shares (Indirect, By 401(k) plan)
Footnotes (1)
  1. This sale was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on March 17, 2025. This sale was executed in multiple trades ranging from $124.05 to $124.82, inclusive. The price reported above represents the weighted average purchase price. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected. Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan. This sale was executed in multiple trades ranging from $124.83 to $125.82, inclusive. The price reported above represents the weighted average purchase price. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
Total shares sold 13,125 shares Open-market sales on April 16, 2026
Sale price (first trade) $124.63 per share Weighted average price for 6,703 shares sold
Sale price (second trade) $125.06 per share Weighted average price for 6,422 shares sold
Direct holdings after transactions 674,162.405 shares Common stock held directly by John R. Furner
Indirect 401(k)/plan holdings 5,662.2277 shares Held indirectly via Walmart 2016 Associate Stock Purchase/401(k) plan
Indirect spousal trust holdings 132,850 shares Common stock held indirectly via Spousal Trust
Rule 10b5-1 Plan financial
"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.
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.
weighted average purchase price financial
"The price reported above represents the weighted average purchase price."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
401(k) plan financial
"Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Spousal Trust financial
"nature_of_ownership: "By Spousal Trust""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Furner John R.

(Last)(First)(Middle)
1 CUSTOMER DRIVE

(Street)
BENTONVILLE ARKANSAS 72716

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Walmart Inc. [ WMT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common04/16/2026S6,703(1)D$124.63(2)680,584.405(3)D
Common04/16/2026S6,422(1)D$125.06(4)674,162.405D
Common5,662.2277IBy 401(k) plan
Common132,850IBy Spousal Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This sale was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on March 17, 2025.
2. This sale was executed in multiple trades ranging from $124.05 to $124.82, inclusive. The price reported above represents the weighted average purchase price. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
3. Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.
4. This sale was executed in multiple trades ranging from $124.83 to $125.82, inclusive. The price reported above represents the weighted average purchase price. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
Remarks:
/s/ Mary Marshall, by power of attorney04/17/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Walmart (WMT) CEO John Furner report?

John R. Furner reported selling 13,125 shares of Walmart common stock in open-market transactions. The sales occurred on April 16, 2026, at weighted average prices of $124.63 and $125.06 per share under a pre-arranged Rule 10b5-1 trading plan.

How many Walmart (WMT) shares does CEO John Furner still own after the sale?

After the reported sales, John R. Furner directly owns 674,162.405 Walmart shares. He also indirectly holds 5,662.2277 shares through a Walmart 2016 Associate Stock Purchase/401(k) plan and 132,850 shares through a spousal trust, indicating significant continuing ownership.

At what prices did Walmart (WMT) CEO John Furner sell his shares?

John R. Furner’s reported sales were executed at weighted average prices of $124.63 and $125.06 per share. The transactions were completed in multiple trades within stated price ranges, with details available upon request as noted in the filing footnotes.

Was Walmart (WMT) CEO John Furner’s share sale under a Rule 10b5-1 plan?

Yes. The filing states the sale was executed pursuant to a Rule 10b5-1 trading plan entered into during an open trading window and previously disclosed on Form 8-K. Such plans pre-schedule trades, making the timing more routine and less discretionary.

How large was John Furner’s Walmart (WMT) stock sale in terms of shares?

John R. Furner sold a total of 13,125 Walmart common shares across two open-market transactions. Despite this sale, he retains 674,162.405 shares directly, plus additional indirect holdings through a 401(k)-related plan and a spousal trust.