Walmart (WMT) EVP Daniel Bartlett sells 1,385 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Walmart Inc. Executive Vice President Daniel J. Bartlett reported an open-market sale of 1,385 shares of Walmart common stock at $119.83 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. After this sale, he directly holds about 633,783.533 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,385 shares ($165,965)
Net Sell
1 txn
Insider
Bartlett Daniel J
Role
Executive Vice President
Sold
1,385 shs ($166K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 1,385 | $119.83 | $166K |
Holdings After Transaction:
Common — 633,783.533 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,385 shares
Sale price per share: $119.83 per share
Shares held after transaction: 633,783.533 shares
+2 more
5 metrics
Shares sold
1,385 shares
Open-market sale of Walmart common stock
Sale price per share
$119.83 per share
Price for the 1,385 common shares sold
Shares held after transaction
633,783.533 shares
Direct Walmart common stock holdings following sale
Net shares sold
1,385 shares
Net sell activity in this Form 4
Sell transactions count
1 transaction
Number of sale transactions reported
Key Terms
Rule 10b5-1 Plan, open-market sale, Form 8-K, non-derivative
4 terms
Rule 10b5-1 Plan financial
"This sale was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person"
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.
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.
Form 8-K regulatory
"disclosed by the Issuer on Form 8-K on March 28, 2024"
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.
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transaction did Walmart (WMT) report for Daniel J. Bartlett?
Walmart Executive Vice President Daniel J. Bartlett sold 1,385 shares of common stock in an open-market transaction at $119.83 per share. The filing shows this as a planned sale under a Rule 10b5-1 trading arrangement.
Was the Walmart (WMT) insider sale by Daniel J. Bartlett under a Rule 10b5-1 plan?
Yes. The filing states the sale was executed pursuant to a Rule 10b5-1 Plan entered during an open trading window. Walmart previously disclosed this plan on a Form 8-K dated March 28, 2024.
What transaction code was used for Daniel J. Bartlett’s Walmart (WMT) trade?
The transaction is coded “S,” indicating a sale in an open market or private transaction. The filing further describes it as an open-market sale of non-derivative Walmart common stock by the executive vice president.
Does the Walmart (WMT) Form 4 show any option exercises or derivative trades?
No derivative transactions are listed in this Form 4. The derivative summary is empty, and the only reported activity is a single open-market sale of 1,385 shares of Walmart common stock.