Walmart CEO Furner sells 13,125 shares on Sept. 17

Walmart’s President & CEO and director John R. Furner sold 13,125 WMT shares on September 17, 2026, under a pre-arranged Rule 10b5-1 trading plan.

Rhea-AI Filing Summary

Walmart Inc. (WMT) reported that John R. Furner, its President & CEO and a director, sold a total of 13,125 shares of common stock on September 17, 2026, in open-market or private transactions under a Rule 10b5-1 trading plan entered into during an open trading window.

The sales were executed in multiple trades at weighted average prices of $106.498 and $106.844 per share, within disclosed intraday price ranges. Following these transactions, Furner continued to hold Walmart shares indirectly through a 401(k) plan and a spousal trust.

Insider Trade Summary 10b5-1

Net Seller: 13,125 shares

Net Sell 4 txns

Insider Furner John R.

Role President & CEO

Sold 13,125 shs ($1.40M)

Type	Security	Shares	Price	Value
Sale	Common F1, F2	7,080	$106.498	$754K
Sale	Common F1, F3	6,045	$106.844	$646K
holding	Common	--	--	--
holding	Common	--	--	--

Holdings After Transaction: Common — 647,912.405 shares (Direct); Common — 5,662.2277 shares (Indirect, By 401(k) plan); Common — 132,850 shares (Indirect, By Spousal Trust)

Footnotes (3)

1. F1. 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 10-Q on August 28, 2026.
2. F2. This sale was executed in multiple trades at prices ranging from $106.17 to $106.635, inclusive. The price reported above reflects the weighted average sale 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. F3. This sale was executed in multiple trades at prices ranging from $106.64 to $107.52, inclusive. The price reported above reflects the weighted average sale 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.

Key Figures

Total shares sold: 13,125 shares First sale block: 7,080 shares at $106.498 per share Second sale block: 6,045 shares at $106.844 per share +4 more

7 metrics

Total shares sold 13,125 shares Common stock sales by John R. Furner on September 17, 2026

First sale block 7,080 shares at $106.498 per share Weighted average price, trades between $106.17 and $106.635 on September 17, 2026

Second sale block 6,045 shares at $106.844 per share Weighted average price, trades between $106.64 and $107.52 on September 17, 2026

Indirect holding via 401(k) plan 5,662.2277 shares Common stock held indirectly by 401(k) plan after the transactions

Indirect holding via spousal trust 132,850 shares Common stock held indirectly by spousal trust after the transactions

First trade price range $106.17–$106.635 per share Price range for trades included in the 7,080-share sale block

Second trade price range $106.64–$107.52 per share Price range for trades included in the 6,045-share sale block

Key Terms

Rule 10b5-1 plan, open trading window, weighted average sale price, 401(k) plan, +1 more

5 terms

Rule 10b5-1 plan regulatory

"This sale was executed pursuant to a Rule 10b5-1 plan that was entered"

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 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.

weighted average sale price financial

"The price reported above reflects the weighted average sale price."

401(k) plan financial

"Indirect ownership described as By 401(k) 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

"Indirect ownership described as By Spousal Trust"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Walmart (WMT) report for John R. Furner?

John R. Furner, Walmart’s President & CEO and a director, reported selling 13,125 shares of common stock on September 17, 2026, in open-market or private transactions under a pre-arranged Rule 10b5-1 trading plan.

At what prices were the WMT shares sold in John R. Furner’s September 17, 2026 transactions?

Furner sold 7,080 shares at a weighted average price of $106.498 per share and 6,045 shares at a weighted average price of $106.844 per share, with individual trades executed within specified intraday price ranges disclosed in the footnotes.

How many Walmart (WMT) shares did John R. Furner sell in total?

Across the reported transactions, John R. Furner sold a total of 13,125 shares of Walmart common stock on September 17, 2026, according to the Form 4 transaction summary.

Were John R. Furner’s WMT share sales made under a Rule 10b5-1 plan?

Yes. The filing states the sales were executed pursuant to a Rule 10b5-1 plan that Furner entered into during an open trading window and that Walmart had previously disclosed on a Form 10-Q dated August 28, 2026.

What Walmart (WMT) shares does John R. Furner still hold indirectly after these sales?

After the reported sales, Furner continued to hold 5,662.2277 shares of Walmart common stock indirectly through a 401(k) plan and 132,850 shares indirectly through a spousal trust, as reported for his indirect ownership positions.

How were the price ranges for John R. Furner’s WMT stock sales on September 17, 2026 described?

For one sale block, trades occurred between $106.17 and $106.635 per share; for the other, trades occurred between $106.64 and $107.52 per share, with the reported prices representing the weighted average sale prices for each block.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/18/2026 - 04:41 PM Accepted by SEC EDGAR 09/18/2026 - 04:41 PM Learn about SEC filing dates

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 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common	09/17/2026		S		7,080(1)	D	$106.498(2)	653,957.405	D
Common	09/17/2026		S		6,045(1)	D	$106.844(3)	647,912.405	D
Common								5,662.2277	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 10-Q on August 28, 2026.

2. This sale was executed in multiple trades at prices ranging from $106.17 to $106.635, inclusive. The price reported above reflects the weighted average sale 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. This sale was executed in multiple trades at prices ranging from $106.64 to $107.52, inclusive. The price reported above reflects the weighted average sale 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 attorney	09/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)