Form 4: Walmart EVP Sells Shares Under Pre-Arranged 10b5-1 Plan

Walmart Executive Vice President Daniel J. Bartlett sold 1,425 shares of common stock for $117 per share, executed under a Rule 10b5-1 trading plan.

Summary

• Daniel J. Bartlett, Executive Vice President of Walmart Inc., reported a sale of common stock.
• The transaction involved the disposition of 1,425 shares of Walmart common stock.
• The sale occurred on December 15, 2025, at a price of $117 per share.
• Following this transaction, Mr. Bartlett beneficially owns 641,362.662 shares of Walmart common stock directly.
• The sale was executed pursuant to a Rule 10b5-1 Plan, which was established during an open trading window and disclosed by Walmart on Form 8-K on March 28, 2024.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of an insider stock transaction executed under a pre-arranged 10b5-1 plan, which is a neutral event for market sentiment.

Future Outlook

NA

Industry Context

This is a routine insider transaction disclosure for a large publicly traded company. Such pre-planned sales under Rule 10b5-1 are common among executives for personal financial planning and are generally not indicative of company-specific performance or broader industry trends.

Stakeholder Impact

• Shareholders: A routine, pre-planned sale by an executive is generally not considered a significant event for shareholders, especially given the relatively small number of shares compared to Walmart's total outstanding shares and market capitalization. The 10b5-1 plan mitigates concerns about opportunistic selling.

Key Dates

Keywords

Walmart, WMT, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Executive Vice President, Daniel J Bartlett