Walmart (NYSE: WMT) CEO John Furner sells 13,125 shares under 10b5-1 plan

Rhea-AI Filing Summary

Walmart Inc. President & CEO John R. Furner reported an open-market sale of 13,125 shares of common stock at an average price of $121.9595 per share. The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

After the sale, Furner directly holds 687,286.953 Walmart shares. He also has indirect holdings of 5,651.1865 shares through a 401(k) plan and 132,850 shares through a spousal trust, indicating he retains a substantial equity position in the company.

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)
03/19/2026

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	03/19/2026		S		13,125	D	$121.9595(1)	687,286.953(2)	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 $121.78 to $122.61, 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.

2. Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.

Remarks:

	/s/ Mary Marshall, by power of attorney	03/20/2026
	** 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)

FAQ

What insider transaction did Walmart (WMT) CEO John Furner report?

John R. Furner reported selling 13,125 Walmart common shares in an open-market transaction. The sale was executed at an average price of $121.9595 per share under a pre-arranged Rule 10b5-1 trading plan disclosed previously.

How many Walmart (WMT) shares does CEO John Furner still own after this sale?

After the transaction, John Furner directly holds 687,286.953 Walmart shares. He also has indirect ownership of 5,651.1865 shares through a 401(k) plan and 132,850 shares through a spousal trust, indicating a large continuing stake in the company.

Was the Walmart (WMT) CEO’s share sale made under a Rule 10b5-1 plan?

Yes. The filing states the 13,125-share sale was executed under a Rule 10b5-1 trading plan. That plan was entered into during an open trading window and previously disclosed by Walmart on Form 8-K, signaling a pre-scheduled, systematic selling arrangement.

At what price did Walmart (WMT) CEO John Furner sell his shares?

The reported weighted average sale price was $121.9595 per Walmart share. The filing notes the sale occurred in multiple trades between $121.78 and $122.61 per share, all executed on the same transaction date under the Rule 10b5-1 plan.

How large is the Walmart (WMT) CEO’s recent sale compared with his remaining holdings?

John Furner sold 13,125 Walmart shares while retaining 687,286.953 shares directly. He also holds additional shares indirectly via a 401(k) plan and a spousal trust, so the transaction represents a relatively small portion of his total visible stake.