C. Douglas McMillon - May 22, 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: May 22, 2025
Transactions value $: -$2,815,140
Form type: 4
Date filed: 5/23/2025, 05:27 PM
Previous filing: Apr 28, 2025
Next filing: Jun 27, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
McMillon C Douglas	President and CEO, Director	1 CUSTOMER DRIVE, BENTONVILLE	/s/ Geoffrey W. Edwards, By Power of Attorney	2025-05-23	0001335782

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WMT	Common Stock	Sale	-$2.82M	-29.1K	-0.65%	$96.58	4.45M	May 22, 2025	Direct	F1
holding	WMT	Common Stock						5.72K	May 22, 2025	By 401(k)
holding	WMT	Common						415K	May 22, 2025	By Trust for Children
holding	WMT	Common						57.3K	May 22, 2025	By Wife's Trust for Children
holding	WMT	Common						179K	May 22, 2025	By Trust for Wife
holding	WMT	Common						6.77K	May 22, 2025	By Son
holding	WMT	Common						396K	May 22, 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 multiple trades at a weighted average price of $96.5809 per share, with prices ranging from $96.475 through $96.69, inclusive, 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 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 number of shares and prices at which the transaction was effected.

Content

This sale was executed in multiple trades at a weighted average price of $96.5809 per share, with prices ranging from $96.475 through $96.69, inclusive, 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 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 number of shares and prices at which the transaction was effected.