John D. Rainey - May 1, 2024 Form 4 Insider Report for Walmart Inc. (WMT)

Signature
/s/ Jennifer F. Rudolph, by power of attorney
Stock symbol
WMT
Transactions as of
May 1, 2024
Transactions value $
-$177,248
Form type
4
Date filed
5/3/2024, 04:38 PM
Previous filing
Apr 2, 2024
Next filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMT Common Sale -$177K -3K -0.57% $59.08 522K May 1, 2024 Direct F1
* 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 was disclosed by the Issuer on Form 8-K on 3-24-2023. This sale transaction was executed at a weighted average stock price of $59.0825, ranging from $58.7800 through $59.3800, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected.