C. Douglas McMillon - Mar 27, 2025 Form 4 Insider Report for Walmart Inc. (WMT)

Role: President and CEO, Director
Signature: /s/ Geoffrey W. Edwards, By Power of Attorney
Stock symbol: WMT
Transactions as of: Mar 27, 2025
Transactions value $: -$2,493,984
Form type: 4
Date filed: 3/31/2025, 05:19 PM
Previous filing: Mar 10, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WMT	Common Stock	Sale	-$2.49M	-29.1K	-0.73%	$85.63	3.97M	Mar 27, 2025	Direct	F1
holding	WMT	Common Stock						5.72K	Mar 27, 2025	By 401(k)
holding	WMT	Common						415K	Mar 27, 2025	By Trust for Children
holding	WMT	Common						57.3K	Mar 27, 2025	By Wife's Trust for Children
holding	WMT	Common						179K	Mar 27, 2025	By Trust for Wife
holding	WMT	Common						6.77K	Mar 27, 2025	By Son
holding	WMT	Common						396K	Mar 27, 2025	By Wife's Trust for Children and Reporting Person

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id	Content
F1	This sale was executed in single trade with a stock price of $85.6333 pursuant to a Rule 10b5-1 plan that was entered into by the Reporting Person during an open trading window and was disclosed by the Issuer on Form 8-K on February 24, 2023. 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 transaction affected.

Content

This sale was executed in single trade with a stock price of $85.6333 pursuant to a Rule 10b5-1 plan that was entered into by the Reporting Person during an open trading window and was disclosed by the Issuer on Form 8-K on February 24, 2023. 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 transaction affected.