Walmart (WMT) EVP David Guggina sells 11,978 shares in planned 10b5-1 trade

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Walmart Inc. Executive Vice President David W. Guggina reported an open-market sale of 11,978 shares of Walmart common stock at $119.82 per share on June 10, 2026. After this transaction, he continues to hold 125,067.419 shares directly.

The filing notes that the sale was executed under a pre-arranged Rule 10b5-1 trading plan that had been adopted earlier and disclosed by Walmart on Form 8-K, indicating the transaction was scheduled in advance rather than timed discretionarily.

Insider Trade Summary 10b5-1

Net Seller: 11,978 shares ($1,435,204)

Net Sell 1 txn

Insider Guggina David W

Role Executive Vice President

Sold 11,978 shs ($1.44M)

Type	Security	Shares	Price	Value
Sale	Common	11,978	$119.82	$1.44M

Holdings After Transaction: Common — 125,067.419 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Shares sold: 11,978 shares Sale price: $119.82 per share Shares held after sale: 125,067.419 shares +1 more

4 metrics

Shares sold 11,978 shares Open-market sale on June 10, 2026

Sale price $119.82 per share Price for common stock sold

Shares held after sale 125,067.419 shares Direct holdings following transaction

Transaction code S Sale in open market or private transaction

Key Terms

Rule 10b5-1 Plan, open-market sale, Form 8-K, Executive Vice President

4 terms

Rule 10b5-1 Plan regulatory

"This sale was executed pursuant to a Rule 10b5-1 Plan that was entered into..."

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

"and disclosed by the Issuer on Form 8-K on March 13, 2026."

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.

Executive Vice President financial

"officer_title: "Executive Vice President""

An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 05:14 PM

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^*

Guggina David W

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common	06/10/2026		S		11,978⁽¹⁾	D	$119.82	125,067.419	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 8-K on March 13, 2026.

Remarks:

	/s/ Mary Marshall, by power of attorney	06/12/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Walmart (WMT) Executive Vice President David Guggina report in this Form 4?

David W. Guggina reported selling 11,978 shares of Walmart common stock at $119.82 per share. The trade occurred on June 10, 2026, and was disclosed as an open-market sale under Section 16 reporting rules for company insiders.

How many Walmart (WMT) shares does David Guggina hold after this reported sale?

After the reported sale, David W. Guggina holds 125,067.419 Walmart common shares directly. This figure reflects his position immediately following the June 10, 2026 transaction as disclosed in the Form 4 insider trading report.

Was David Guggina’s Walmart (WMT) stock sale made under a Rule 10b5-1 plan?

Yes, the filing states the sale was executed under a Rule 10b5-1 Plan. This pre-arranged trading plan was entered into during an open trading window and previously disclosed by Walmart on a Form 8-K dated March 13, 2026.

What price did David Guggina receive for the Walmart (WMT) shares sold?

The reported transaction price was $119.82 per Walmart share. All 11,978 shares in this Form 4 were sold at that price in an open-market transaction on June 10, 2026, according to the insider trading disclosure.

What type of transaction does David Guggina’s Walmart (WMT) Form 4 show?

The Form 4 shows a non-derivative, open-market sale of Walmart common stock. The transaction code is “S,” indicating a sale in the open market or a private transaction, consistent with standard SEC insider reporting categories.