Form 4: Walmart Director Jim C. Walton Reports Share Distribution

Jim C. Walton, a director at Walmart, reported a distribution of 308,000 shares of common stock from the Walton Family Holdings Trust to a beneficiary.

Summary

• Jim C. Walton, a director at Walmart, reported a transaction involving the distribution of 308,000 shares of Walmart common stock.
• The shares were distributed from the Walton Family Holdings Trust to a beneficiary of the trust.
• The transaction occurred on June 25, 2024, and the shares were distributed for no consideration.
• Following the transaction, the Walton Family Holdings Trust still holds 633,210,311 shares of Walmart common stock.
• Jim C. Walton also has indirect beneficial ownership of 3,002,673,393 shares through Walton Enterprises, LLC.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral transaction.

Industry Context

This is a routine filing related to insider transactions and is common for directors and officers of publicly traded companies. It does not indicate any change in the company's performance or outlook.

Comparison to Industry Standards

• Similar filings are common among directors and officers of large publicly traded companies like Walmart.
• These filings are a standard part of regulatory compliance and do not indicate any unusual activity.
• Other companies such as Amazon, Target, and Costco also have similar filings from their directors and officers.

Stakeholder Impact

• The transaction has no direct impact on shareholders, employees, customers, suppliers, or creditors as it is a transfer of shares within a family trust.

Key Dates

Keywords

Walmart, Jim C. Walton, share distribution, beneficial ownership, Walton Family Holdings Trust, Walton Enterprises LLC, SEC Form 4, insider trading