Walmart director sells 19,416 shares in plan trade
Walmart Inc. director C Douglas McMillon reported an open-market sale of 19,416 shares of Walmart common stock on April 23, 2026 at a weighted average price of $132.2099 per share.
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Form Type
4
Rhea-AI Filing Summary
Walmart Inc. director C Douglas McMillon reported an open-market sale of 19,416 shares of Walmart common stock on April 23, 2026 at a weighted average price of $132.2099 per share. The transaction was executed under a pre-arranged Rule 10b5-1 Plan entered during an open trading window and previously disclosed on Form 8-K.
Following this sale, McMillon directly holds 4,193,994.707 shares of Walmart common stock. He also has additional indirect holdings through various family-related trusts, a marital trust, his son, and a 401(k) plan.
Insider Trade Summary 10b5-1
Net Seller: 19,416 shares
Net Sell
8 txns
Insider
McMillon C Douglas
Role
Director
Sold
19,416 shs ($2.57M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 19,416 | $132.2099 | $2.57M |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 4,193,994.707 shares (Direct);
Common — 5,797.1916 shares (Indirect, By 401(k));
Common — 415,203 shares (Indirect, By Trust for Children);
Common — 57,270 shares (Indirect, By Wife's Trust for Children);
Common — 173,466 shares (Indirect, By Marital Trust);
Common — 5,223 shares (Indirect, By Trust for Wife);
Common — 6,777 shares (Indirect, By Son);
Common — 395,970 shares (Indirect, By Wife's Trust for Children and Reporting Person)
Footnotes (2)
- 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 March 17, 2025. This sale was executed in multiple trades ranging from $132.11 to $132.305, inclusive. The price reported above represents 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.
- F2. Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.
Key Figures
Shares sold: 19,416 shares
Weighted average sale price: $132.2099 per share
Direct holdings after sale: 4,193,994.707 shares
+4 more
7 metrics
Shares sold
19,416 shares
Open-market sale on April 23, 2026
Weighted average sale price
$132.2099 per share
Sale of 19,416 Walmart common shares
Direct holdings after sale
4,193,994.707 shares
Walmart common stock held directly post-transaction
Marital trust holdings
173,466 shares
Indirect ownership via Marital Trust
Trust for children holdings
415,203 shares
Indirect ownership via Trust for Children
Wife's trust for children and reporting person
395,970 shares
Indirect ownership via family trust
401(k) plan holdings
5,797.1916 shares
Indirect ownership via Walmart 2016 Associate Stock Purchase Plan / 401(k)
Key Terms
Rule 10b5-1 Plan, weighted average sale price, open trading window, Form 8-K, +1 more
5 terms
Rule 10b5-1 Plan regulatory
"This sale was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window..."
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
"This sale was executed in multiple trades... The price reported above represents the weighted average sale price."
open trading window regulatory
"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..."
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.
Form 8-K regulatory
"entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on March 17, 2025."
A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.
2016 Associate Stock Purchase Plan financial
"Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did C Douglas McMillon report for Walmart (WMT)?
C Douglas McMillon reported selling 19,416 shares of Walmart common stock in an open-market transaction. The trade occurred on April 23, 2026 and was executed under a pre-arranged Rule 10b5-1 Plan entered during an open trading window.
Does the Walmart (WMT) Form 4 mention how the sale price range was calculated?
The Form 4 explains the sale was completed in multiple trades between $132.11 and $132.305 per share. The reported transaction price of $132.2099 per share represents the weighted average sale price across all those trades on April 23, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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