Walmart (NYSE: WMT) EVP sells 2,900 shares under prearranged plan

Rhea-AI Filing Summary

Walmart Inc. (WMT) Executive Vice President Nicholas Christopher James reported a sale of 2,900 shares of Walmart common stock on August 20, 2026. The sale, executed in open-market or private transactions under a Rule 10b5-1 plan, had a weighted average price of $106.3391 per share, with individual trade prices ranging from $106.28 to $106.345. Following this transaction, he directly holds 569,153.269 shares of Walmart common stock.

Insider Trade Summary 10b5-1

Net Seller: 2,900 shares

Net Sell 1 txn

Insider Nicholas Christopher James

Role Executive Vice President

Sold 2,900 shs ($308K)

Type	Security	Shares	Price	Value
Sale	Common F1, F2	2,900	$106.3391	$308K

Holdings After Transaction: Common — 569,153.269 shares (Direct)

Footnotes (2)

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 8-K on December 29, 2025.
2. F2. This transaction was executed in multiple trades at prices ranging from $106.28 to $106.345 inclusive. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request of the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Key Figures

Shares sold: 2,900 shares Weighted average sale price: $106.3391 per share Sale price range: $106.28 to $106.345 per share +1 more

4 metrics

Shares sold 2,900 shares Common stock sale on August 20, 2026

Weighted average sale price $106.3391 per share Open-market or private sale under Rule 10b5-1 plan

Sale price range $106.28 to $106.345 per share Multiple trades executed within this range

Shares held after transaction 569,153.269 shares Direct ownership of Walmart common stock following the sale

Key Terms

Rule 10b5-1 plan, weighted average sale price, open trading window

3 terms

Rule 10b5-1 plan regulatory

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

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 reflects 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.

FAQ

What insider transaction did Walmart (WMT) disclose for Nicholas Christopher James?

Walmart reported that Executive Vice President Nicholas Christopher James sold 2,900 shares of Walmart common stock on August 20, 2026 in an open-market or private transaction under a Rule 10b5-1 plan.

At what price were the Walmart (WMT) shares sold by Nicholas Christopher James?

The reported weighted average sale price was $106.3391 per share, with individual trades executed at prices ranging from $106.28 to $106.345 per share.

How many Walmart (WMT) shares does Nicholas Christopher James hold after the sale?

After the reported sale, Nicholas Christopher James directly holds 569,153.269 shares of Walmart common stock.

Was the Walmart (WMT) insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the sale was executed pursuant to a Rule 10b5-1 plan that Nicholas Christopher James entered into during an open trading window and which was disclosed by Walmart on Form 8-K on December 29, 2025.

How many Walmart (WMT) shares did Nicholas Christopher James sell in this Form 4?

He sold 2,900 shares of Walmart common stock in this reported transaction.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/21/2026 - 05:15 PM Accepted by SEC EDGAR 08/21/2026 - 05:14 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^*

Nicholas Christopher James

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

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	08/20/2026		S		2,900(1)	D	$106.3391(2)	569,153.269	D

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 December 29, 2025.

2. This transaction was executed in multiple trades at prices ranging from $106.28 to $106.345 inclusive. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request of the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Remarks:

	/s/ Mary Marshall, by power of attorney	08/21/2026
	** 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)