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Walmart CEO John R. Furner sells shares under plan

The reported prices are weighted averages across multiple trades, and the plan was entered during an open trading window.

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Form Type
4

Rhea-AI Filing Summary

Walmart Inc. President & CEO John R. Furner reported selling 7,089 common shares at a weighted-average $120.3265 per share and 6,036 shares at a weighted-average $120.9256 per share on October 15, 2026. The sales were executed under a Rule 10b5-1 plan entered during an open trading window. Indirect holdings listed included 5,687.2667 shares through the Walmart 401(k) plan and 132,850 shares by Spousal Trust.

Insights

Analyzing...

Insider Furner John R.
Role President & CEO
Sold 13,125 shs ($1.58M)
Type Security Shares Price Value
Sale Common F1, F2, F3 7,089 $120.3265 $853K
Sale Common F1, F4 6,036 $120.9256 $730K
holding Common F5 -- -- --
holding Common -- -- --
Holdings After Transaction: Common — 634,789.9633 shares (Direct); Common — 5,687.2667 shares (Indirect, By 401(k) plan); Common — 132,850 shares (Indirect, By Spousal Trust)
Footnotes (5)
  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 10-Q on August 28, 2026.
  2. F2. This sale was executed in multiple trades at prices ranging from $119.69 to $120.67, 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. Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.
  4. F4. This sale was executed in multiple trades at prices ranging from $120.70 to $121.37, 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.
  5. F5. Balance adjusted to reflect dividend reinvestment on shares held in the Walmart 401(k) Plan.
Common shares sold 7,089 shares Sale reported on October 15, 2026.
Weighted-average sale price $120.3265 per share Sale reported on October 15, 2026.
Common shares sold 6,036 shares Sale reported on October 15, 2026.
Weighted-average sale price $120.9256 per share Sale reported on October 15, 2026.
Indirect shares through Walmart 401(k) plan 5,687.2667 shares Holding listed on October 15, 2026; balance adjusted for dividend reinvestment.
Indirect shares by Spousal Trust 132,850 shares Holding listed on October 15, 2026.
Rule 10b5-1 plan regulatory
"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
"reflects the weighted average sale price"
dividend reinvestment financial
"reflect dividend reinvestment on shares held"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

FAQ

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

How many WMT shares did President & CEO John R. Furner sell on October 15, 2026?

He reported selling 7,089 common shares at a weighted-average $120.3265 per share and 6,036 common shares at a weighted-average $120.9256 per share.

Were John R. Furner's WMT sales made under a Rule 10b5-1 plan?

Yes. The sales were executed under a Rule 10b5-1 plan entered into during an open trading window and disclosed by Walmart Inc. on Form 10-Q on August 28, 2026.

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

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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).
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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026
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
Common10/15/2026S7,089(1)D$120.3265(2)640,825.9633(3)D
Common10/15/2026S6,036(1)D$120.9256(4)634,789.9633D
Common5,687.2667(5)IBy 401(k) plan
Common132,850IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 10-Q on August 28, 2026.
2. This sale was executed in multiple trades at prices ranging from $119.69 to $120.67, 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. Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.
4. This sale was executed in multiple trades at prices ranging from $120.70 to $121.37, 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.
5. Balance adjusted to reflect dividend reinvestment on shares held in the Walmart 401(k) Plan.
Remarks:
/s/ Mary Marshall, by power of attorney10/16/2026
** 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)

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