Form 4: Walmart Executive Vice President Daniel J. Bartlett Sells 1,760 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Executive Vice President Daniel J. Bartlett sold 1,760 shares of Walmart Inc. common stock at $94.82 per share on April 15, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On April 15, 2025, Daniel J. Bartlett, an Executive Vice President at Walmart Inc., sold 1,760 shares of Walmart's common stock.
- The sale was executed at a price of $94.82 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan, which was previously disclosed by Walmart on Form 8-K on March 28, 2024.
- Following the transaction, Bartlett directly owns 520,274.662 shares of Walmart common stock.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of a stock sale by an executive under a pre-arranged trading plan, so it is neutral in sentiment.
Industry Context
Sales by executives are a normal part of corporate compensation and wealth management. The use of a 10b5-1 plan indicates the executive planned the sale in advance to avoid insider trading concerns.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| March 28, 2024 | Date the Rule 10b5-1 plan was disclosed by Walmart on Form 8-K |
| April 15, 2025 | Date of the stock sale transaction |
| April 17, 2025 | Date of the Form 4 filing |
Keywords
Walmart, WMT, Daniel J. Bartlett, Executive Vice President, Stock Sale, Form 4, Rule 10b5-1 Plan, Insider Trading
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