Walmart (WMT) director reports charitable gift of 239,000 common shares

Rhea-AI Filing Summary

Walmart Inc. director reports large charitable stock gift

A Walmart Inc. director filed a report disclosing charitable gifts of 239,000 shares of Walmart common stock on December 15, 2025. The transaction is coded as a gift, meaning the shares were donated rather than sold, at a reported price of $0 per share.

After these gifts, the director beneficially owns 79,292.25 shares of Walmart common stock directly and an additional 93,654 shares indirectly through a spouse. The filing is made by a single reporting person in the capacity of a director of Walmart Inc.

Insider Trade Summary

239,000 shares gifted

Mixed 2 txns

Insider Walton Steuart L

Role Director

Type	Security	Shares	Price	Value
Gift	Common	239,000	$0.00	--
holding	Common	--	--	--

Holdings After Transaction: Common — 79,292.25 shares (Direct); Common — 93,654 shares (Indirect, By spouse)

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).

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^*

Walton Steuart L

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		G		239,000(1)	D	$0	79,292.25	D
Common								93,654	I	By spouse

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. On December 15, 2025, the Reporting Person made charitable gifts totaling 239,000 shares of Common Stock.

Remarks:

	/s/ Jennifer F. Rudolph, by power of attorney	12/17/2025
	** 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 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 insider transaction did Walmart (WMT) report in this Form 4?

A Walmart Inc. director reported making charitable gifts totaling 239,000 shares of Walmart common stock on December 15, 2025.

Was the Walmart (WMT) insider transaction a sale or a gift?

The filing identifies the transaction with code G, indicating it consisted of charitable gifts of Walmart common stock, not an open-market sale.

How many Walmart (WMT) shares does the director still own after the gift?

Following the reported gifts, the director beneficially owns 79,292.25 shares directly and 93,654 shares indirectly through a spouse.

What was the reported price for the gifted Walmart (WMT) shares?

The filing reports a price of $0 per share for the 239,000 gifted shares, consistent with a charitable gift rather than a market transaction.

What is the reporting person’s relationship to Walmart (WMT)?

The reporting person is identified as a director of Walmart Inc., with the "Director" box checked on the relationship section of the form.

Was this Walmart (WMT) Form 4 filed for one insider or multiple insiders?

The Form 4 indicates it is filed by one reporting person, not a group filing.