Form 4: Walmart Executive Vice President Daniel J. Bartlett Sells Shares Under 10b5-1 Plan

Executive Vice President of Walmart, Daniel J. Bartlett, sold 1,830 shares of common stock at $91.07 per share on January 15, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On January 15, 2025, Daniel J. Bartlett, an Executive Vice President at Walmart Inc., sold 1,830 shares of Walmart's common stock.
• The sale was executed at a price of $91.07 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan, which was previously disclosed by Walmart on March 28, 2024.
• Following the transaction, Bartlett directly owns 460,705.345 shares of Walmart common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a pre-planned stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by executives are a normal part of corporate governance. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any inside information at the time of the transaction.

Comparison to Industry Standards

• Executive stock sales are common across publicly traded companies, especially under 10b5-1 plans.
• Companies like Amazon, Target, and Costco also see regular insider transactions, often disclosed via Form 4 filings.
• The size of this transaction is relatively small compared to the overall market capitalization of Walmart and the executive's holdings.

Stakeholder Impact

• The sale is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors due to its relatively small size and pre-planned nature.

Key Dates