John R. Furner - Oct 16, 2025 Form 4 Insider Report for Walmart Inc. (WMT)

Signature
/s/ Dirk Gardner, by power of attorney
Stock symbol
WMT
Transactions as of
Oct 16, 2025
Transactions value $
-$1,414,592
Form type
4
Date filed
10/17/2025, 04:21 PM
Previous filing
Sep 22, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Furner John R. Executive Vice President 1 CUSTOMER DRIVE, BENTONVILLE /s/ Dirk Gardner, by power of attorney 2025-10-17 0001696737

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMT Common Sale -$461K -4.32K -0.48% $106.78 902K Oct 16, 2025 Direct F1
transaction WMT Common Sale -$660K -6.11K -0.68% $108.10 896K Oct 16, 2025 Direct F2
transaction WMT Common Sale -$285K -2.62K -0.29% $108.63 893K Oct 16, 2025 Direct F3
transaction WMT Common Sale -$8.54K -78 -0.01% $109.49 893K Oct 16, 2025 Direct F4, F5
holding WMT Common 5.64K Oct 16, 2025 By 401(k) plan
* 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 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 17, 2025. This sale was executed in multiple trades ranging from $106.38 to $107.36, inclusive. The price reported above represents the weighted average purchase 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.
F2 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 17, 2025. This sale was executed in multiple trades ranging from $107.42 to $108.41, inclusive. The price reported above represents the weighted average purchase 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.
F3 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 17, 2025. This sale was executed in multiple trades ranging from $108.42 to $109.29, inclusive. The price reported above represents the weighted average purchase 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.
F4 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 17, 2025. This sale was executed in multiple trades ranging from $109.44 to $109.51, inclusive. The price reported above represents the weighted average purchase 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.
F5 Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.