Planned Walmart (NYSE: WMT) insider sale of 19,416 shares by director
Rhea-AI Filing Summary
Walmart Inc. director C. Douglas McMillon reported an open-market sale of 19,416 shares of Walmart common stock at a weighted-average price of $123.1603 per share on March 26, 2026. The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan disclosed previously on Form 8-K.
After this sale, McMillon directly holds 4,213,405.581 Walmart shares. He also reports additional indirect holdings through a 401(k) plan and multiple family and trust accounts, which together represent a substantial continuing ownership position.
Positive
- None.
Negative
- None.
Insights
Director’s planned sale is small relative to his remaining stake.
The filing shows C. Douglas McMillon executed an open-market sale of 19,416 Walmart shares at a weighted-average price of $123.1603 per share. The transaction is coded as a sale and classified as a non-derivative trade in common stock.
The sale was carried out under a pre-established Rule 10b5-1 trading plan, which reduces the signaling value of its timing because trades are scheduled in advance. Following the sale, McMillon still directly owns 4,213,405.581 shares, plus additional indirect holdings via a 401(k) and several family and trust accounts.
Given the modest size of the sale relative to his reported direct position and the use of a 10b5-1 plan, this appears to be a routine liquidity or diversification transaction rather than a transformative change in insider ownership. Subsequent filings may provide further detail on any additional plan-driven trades.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 19,416 | $123.1603 | $2.39M |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
Footnotes (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 17, 2025. This sale was executed in multiple trades ranging from $123.09 to $123.25, inclusive. The price reported above represents the weighted average sale 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. Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.
