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Walton Family Trust trims Walmart (WMT) stake with 1.72M-share sale

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

Rhea-AI Filing Summary

Walton Family Holdings Trust, a more than 10% owner of Walmart Inc., reported net sales of 1,723,236 shares of common stock in late February 2026. The trust executed three open-market sales coded "S" at weighted average prices around $127–$128 per share.

On February 26, 2026, the trust also recorded an "J" transaction involving 303,000 shares, described as a distribution for no consideration from the trust to one of its beneficiaries. After these transactions, the trust reported holding more than 522 million Walmart shares directly.

Positive

  • None.

Negative

  • None.
Insider Walton Family Holdings Trust
Role 10% Owner
Sold 1,723,236 shs ($220.13M)
Type Security Shares Price Value
Sale Common 1,359,406 $127.6753 $173.56M
Sale Common 342,060 $128.0593 $43.80M
Other Common 303,000 $0.00 --
Sale Common 21,770 $127.1188 $2.77M
Holdings After Transaction: Common — 522,923,009 shares (Direct)
Footnotes (1)
  1. The transaction is a distribution of 303,000 shares of Common Stock, for no consideration, by the Walton Family Holdings Trust (the "Trust") to a beneficiary of the Trust. This sale was executed in multiple trades at prices ranging from $127.00 to $127.3233, 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. This sale was executed in multiple trades at prices ranging from $127.00 to $127.999, 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. This sale was executed in multiple trades at prices ranging from $128.00 to $128.54, 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.
Form 4 Insider Transactions: What Each Field Means →
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 AR 72712
(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/26/2026 J(1) 303,000(1) D $0(1) 524,304,185 D
Common 02/26/2026 S 21,770 D $127.1188(2) 524,282,415 D
Common 02/27/2026 S 1,359,406 D $127.6753(3) 522,923,009 D
Common 02/27/2026 S 342,060 D $128.0593(4) 522,580,949 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 303,000 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 $127.00 to $127.3233, 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 $127.00 to $127.999, 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 $128.00 to $128.54, 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 02/27/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Walton Family Holdings Trust report for Walmart (WMT)?

Walton Family Holdings Trust reported open-market sales of 1,723,236 Walmart common shares plus a 303,000-share distribution to a beneficiary in February 2026. These transactions reflect activity by a more than 10% shareholder of Walmart Inc..

On what dates did Walton Family Holdings Trust trade Walmart (WMT) shares?

The trust reported transactions in Walmart common stock on February 26, 2026 and February 27, 2026. Activity included one "J" distribution transaction and multiple open-market sales coded "S" across those two consecutive trading days.

How many Walmart (WMT) shares did Walton Family Holdings Trust sell?

The trust’s Form 4 shows 1,723,236 Walmart common shares sold in open-market transactions. These sales were reported across three entries coded "S" with weighted average sale prices in the $127–$128 per share range in late February 2026.

What is the 303,000-share transaction by Walton Family Holdings Trust in Walmart (WMT)?

The 303,000-share transaction is described as a distribution for no consideration by Walton Family Holdings Trust to one of its beneficiaries. It is coded "J" as an "other acquisition or disposition" rather than an open-market purchase or sale.

What prices were reported for the recent Walton Family Holdings Trust sales of Walmart (WMT) stock?

The trust’s sales were executed in multiple trades with weighted average prices of about $127.1188, $127.6753, and $128.0593 per share. Footnotes note execution ranges between $127.00 and $128.54 for these open-market transactions.

How many Walmart (WMT) shares did Walton Family Holdings Trust hold after these transactions?

After the reported February 2026 activity, Walton Family Holdings Trust reported direct ownership levels above 522 million Walmart common shares. The Form 4 lists totals such as 524,304,185 and 522,580,949 shares following individual transactions.