Walton family trust sells Walmart shares in market

Walton Family Holdings Trust reduced its Walmart stake through open-market sales and a share distribution.

Rhea-AI Filing Summary

Walton Family Holdings Trust reduced its Walmart stake through open-market sales and a share distribution. On June 16, 2026, the trust sold 24,716 Walmart common shares at a weighted average price of $122.4183, 539,737 shares at $121.7820, and 3,860,251 shares at $120.9850.

On the same date, the trust also distributed 886,000 shares, for no consideration, to a beneficiary of the trust. The sale prices reflect weighted averages for trades executed in multiple lots within stated price ranges.

Insider Trade Summary

Net Seller: 4,424,704 shares

Net Sell 4 txns

Insider Walton Family Holdings Trust

Role 10% Owner

Sold 4,424,704 shs ($535.79M)

Type	Security	Shares	Price	Value
Other	Common	886,000	$0.00	$0.00
Sale	Common	3,860,251	$120.985	$467.03M
Sale	Common	539,737	$121.782	$65.73M
Sale	Common	24,716	$122.4183	$3.03M

Holdings After Transaction: Common — 502,305,752 shares (Direct)

Footnotes (4)

1. F1. The transaction is a distribution of 886,000 shares of Common Stock, for no consideration, by the Walton Family Holdings Trust (the "Trust") to a beneficiary of the Trust.
2. F2. This sale was executed in multiple trades at prices ranging from $120.37 to $121.3699, 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 $121.37 to $122.3699, 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.
4. F4. This sale was executed in multiple trades at prices ranging from $122.37 to $122.55, 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

Shares sold (trade 1): 24,716 shares Price (trade 1): $122.4183 per share Shares sold (trade 2): 539,737 shares +5 more

8 metrics

Shares sold (trade 1) 24,716 shares Open-market sale at $122.4183 per share on June 16, 2026

Price (trade 1) $122.4183 per share Weighted average sale price for 24,716 shares

Shares sold (trade 2) 539,737 shares Open-market sale at $121.7820 per share on June 16, 2026

Price (trade 2) $121.7820 per share Weighted average sale price for 539,737 shares

Shares sold (trade 3) 3,860,251 shares Open-market sale at $120.9850 per share on June 16, 2026

Price (trade 3) $120.9850 per share Weighted average sale price for 3,860,251 shares

Total shares sold 4,424,704 shares Aggregate open-market sales reported in transactionSummary

Shares distributed 886,000 shares Distribution for no consideration to a beneficiary of the trust

Key Terms

open-market sale, weighted average sale price, distribution, beneficiary, +1 more

5 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average sale price financial

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

distribution financial

"The transaction is a distribution of 886,000 shares of Common Stock, for no consideration"

A distribution is a payment or transfer of value from a company, fund, or trust to its shareholders or unit holders, commonly made in cash, additional shares, or other assets. Investors care because distributions provide income, reflect how much cash a business or fund can return to owners, can influence yield and taxable income, and often affect the share price much like a store handing out a portion of its profits to customers.

beneficiary financial

"by the Walton Family Holdings Trust to a beneficiary of the Trust."

more than ten percent owner financial

"is_ten_percent_owner": 1"

FAQ

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

What did Walton Family Holdings Trust do in this Walmart (WMT) Form 4?

Walton Family Holdings Trust reported selling Walmart common shares in several open-market transactions and distributing additional shares to a beneficiary. These moves modestly reduced the trust’s reported holdings while also transferring ownership of some shares without receiving cash consideration.

How many Walmart shares did Walton Family Holdings Trust sell?

The trust sold a total of 4,424,704 Walmart common shares across three open-market transactions. Individual trades covered 24,716 shares, 539,737 shares, and 3,860,251 shares, each at different weighted average prices within specified intraday trading ranges.

At what prices were the reported Walmart (WMT) shares sold?

The trust’s sales occurred at weighted average prices of $122.4183, $121.7820, and $120.9850 per share. Each reported price reflects multiple trade executions within stated ranges rather than a single transaction at that exact level.

What is the 886,000-share transaction reported by Walton Family Holdings Trust?

The filing shows a distribution of 886,000 shares of Walmart common stock, for no consideration, by Walton Family Holdings Trust to one of its beneficiaries. This is classified as an “other” transaction, not an open-market sale or purchase.

Were the Walmart (WMT) insider transactions open-market trades?

Three of the reported transactions are coded as open-market sales of Walmart common stock. Footnotes explain each was executed in multiple trades within specified price ranges, with the filing reporting a single weighted average sale price for each transaction.

Who is the reporting person in this Walmart (WMT) Form 4 filing?

The reporting person is Walton Family Holdings Trust, identified in the filing as a more than ten percent owner of Walmart Inc. The trust reported direct ownership of the shares involved in the sales and the share distribution to a beneficiary.

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

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Accepted by SEC EDGAR 06/18/2026 - 05:18 PM EDT 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).

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 Family Holdings Trust

(Last) (First) (Middle)

P.O. BOX 1508

(Street)

BENTONVILLE ARKANSAS 72712

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

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	06/16/2026		J(1)		886,000(1)	D	$0(1)	506,730,456	D
Common	06/16/2026		S		3,860,251	D	$120.985(2)	502,870,205	D
Common	06/16/2026		S		539,737	D	$121.782(3)	502,330,468	D
Common	06/16/2026		S		24,716	D	$122.4183(4)	502,305,752	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. The transaction is a distribution of 886,000 shares of Common Stock, for no consideration, by the Walton Family Holdings Trust (the "Trust") to a beneficiary of the Trust.

2. This sale was executed in multiple trades at prices ranging from $120.37 to $121.3699, 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 $121.37 to $122.3699, 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.

4. This sale was executed in multiple trades at prices ranging from $122.37 to $122.55, 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/ Jennifer F. Rudolph, by Power of Attorney	06/18/2026
	** 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)