STOCK TITAN

Walmart (NYSE: WMT) EVP Watkins sells 11,000 shares, keeps 120K+

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Walmart Inc. Executive Vice President Latriece Watkins reported an open-market sale of 11,000 shares of Walmart common stock on May 28, 2026 at $118.97 per share. After the sale, she directly holds 120,203.366 shares and indirectly holds 1,667.4008 shares through a 401(k) plan.

Positive

  • None.

Negative

  • None.

Insights

Routine-sized open-market sale with substantial Walmart stake retained.

Executive Vice President Latrice Watkins completed an open-market sale of 11,000 shares of Walmart common stock at $118.97 per share on May 28, 2026. The transaction is coded as an S-type sale, indicating an open-market or private sale.

Following the sale, she directly holds 120,203.366 shares and also has an indirect holding of 1,667.4008 shares via a 401(k) plan. Relative to her reported direct position, the sale represents a minority portion, suggesting she maintains significant exposure to Walmart equity based on the data in this filing.

Insider Watkins Latriece
Role Executive Vice President
Sold 11,000 shs ($1.31M)
Type Security Shares Price Value
Sale Common 11,000 $118.97 $1.31M
holding Common -- -- --
Holdings After Transaction: Common — 120,203.366 shares (Direct, null); Common — 1,667.401 shares (Indirect, By 401(k) plan)
Footnotes (1)
Shares sold 11,000 shares Open-market sale of Walmart common stock on May 28, 2026
Sale price per share $118.97 per share Price for 11,000 Walmart common shares sold
Direct holdings after sale 120,203.366 shares Direct ownership of Walmart common stock after transaction
Indirect 401(k) holdings 1,667.4008 shares Indirect Walmart common stock held via 401(k) plan
Net share change -11,000 shares Net buy/sell shares across reported transactions
open-market sale financial
"transaction_action: "open-market sale" for the 11,000-share transaction"
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.
401(k) plan financial
"nature_of_ownership: "By 401(k) plan" describing indirect holdings"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
indirect ownership financial
"ownership_type: "indirect" for shares held by 401(k) plan"
non-derivative financial
"transaction_type: "non-derivative" for common stock sale"
SEC Form 4
FORM 4UNITED 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*
Watkins Latriece

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common05/28/2026S11,000D$118.97120,203.366D
Common1,667.4008IBy 401(k) plan
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Mary Marshall, by power of attorney05/29/2026
** Signature of Reporting PersonDate
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) EVP Latriece Watkins report?

Executive Vice President Latriece Watkins reported an open-market sale of 11,000 Walmart common shares. The transaction occurred on May 28, 2026 at a price of $118.97 per share, as disclosed in the Form 4 insider trading report.

At what price did Walmart (WMT) EVP Latriece Watkins sell her shares?

She sold 11,000 Walmart common shares at $118.97 per share. This S-coded transaction is described as an open-market or private sale in the Form 4, reflecting a discretionary disposition of non-derivative common stock.

How many Walmart (WMT) shares does EVP Latriece Watkins hold after the transaction?

After the reported sale, she directly holds 120,203.366 Walmart common shares. In addition, she indirectly holds 1,667.4008 shares through a 401(k) plan, according to the ownership figures disclosed in the Form 4 filing.

What type of insider transaction code was used in this Walmart (WMT) Form 4?

The sale of 11,000 Walmart shares is coded as “S,” indicating a sale in the open market or a private transaction. This code classifies the transaction as a non-derivative disposition of common stock by the reporting executive.

Does Walmart (WMT) EVP Latriece Watkins have indirect holdings after the sale?

Yes. Besides her direct ownership, she has an indirect holding of 1,667.4008 Walmart common shares. These shares are held through a 401(k) plan, as indicated by the indirect ownership designation in the Form 4 report.