Walmart (NYSE: WMT) EVP John Furner sells 13,125 shares in plan trade

Rhea-AI Filing Summary

Walmart Inc. Executive Vice President John R. Furner reported a sale of common stock. On 01/15/2026, he sold 13,125 shares of Walmart common stock at a weighted average price of $119.9898 per share in a transaction coded "S" for sale. The sale was executed under a pre-arranged Rule 10b5-1 trading plan that was entered into during an open trading window and previously disclosed on Form 8-K.

After this transaction, Furner beneficially owned 727,154.969 shares of Walmart common stock directly. He also held 5,651.1865 shares indirectly through a 401(k) plan and 132,850 shares indirectly through a spousal trust, as reported in the filing.

Insider Trade Summary

Net Seller: 13,125 shares ($1,574,866)

Net Sell 3 txns

Insider Furner John R.

Role Executive Vice President

Sold 13,125 shs ($1.57M)

Type	Security	Shares	Price	Value
Sale	Common	13,125	$119.9898	$1.57M
holding	Common	--	--	--
holding	Common	--	--	--

Holdings After Transaction: Common — 727,154.969 shares (Direct); Common — 5,651.187 shares (Indirect, By 401(k) plan)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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 AR 72716

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. 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 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)
			Code	V	Amount	(A) or (D)	Price
Common	01/15/2026		S		13,125(1)	D	$119.9898	727,154.969	D
Common								5,651.1865	I	By 401(k) plan
Common								132,850	I	By 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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. This sale was executed in multiple trades ranging from $119.40 to $120.37, 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/ Dirk Gardner, by power of attorney	01/16/2026
	** 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 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.

FAQ

What did Walmart (WMT) executive John R. Furner report in this Form 4?

John R. Furner, an Executive Vice President of Walmart Inc., reported the sale of 13,125 shares of Walmart common stock on 01/15/2026 in a transaction coded "S" for sale.

At what price did John R. Furner sell Walmart (WMT) shares?

The sale was executed in multiple trades ranging from $119.40 to $120.37 per share, and the Form 4 reports a weighted average sale price of $119.9898 per share.

Was John R. Furner’s Walmart share sale under a Rule 10b5-1 plan?

Yes. The filing states that the sale was executed pursuant to a Rule 10b5-1 Plan entered into during an open trading window and previously disclosed by Walmart on Form 8-K on March 17, 2025.

How many Walmart (WMT) shares does John R. Furner own after the reported sale?

Following the sale, Furner beneficially owned 727,154.969 shares directly, plus 5,651.1865 shares indirectly through a 401(k) plan and 132,850 shares indirectly through a spousal trust.

What is John R. Furner’s role at Walmart (WMT) according to the filing?

The Form 4 identifies John R. Furner as an officer of Walmart Inc. with the title Executive Vice President, and not as a director or 10% owner.

Does the Form 4 explain how the Walmart (WMT) sale was executed?

Yes. It explains that the transaction was carried out in multiple trades between $119.40 and $120.37, and that the reported price is a weighted average, with full trade details available upon request.