Form 4: Walmart Executive Vice President John D. Rainey Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Executive Vice President John D. Rainey sold Walmart shares on February 3, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- John D. Rainey, an Executive Vice President at Walmart Inc., sold shares of Walmart common stock on February 3, 2025.
- The sales were executed under a Rule 10b5-1 trading plan previously established by Rainey.
- A total of 4,568 shares were sold at a weighted average price of $97.1926, with prices ranging from $96.8500 to $97.7800.
- An additional 10,927 shares were sold at a weighted average price of $98.2567, with prices ranging from $97.8900 to $98.8200.
- Finally, 22,505 shares were sold at a weighted average price of $99.3827, with prices ranging from $98.8800 to $99.7700.
- Following these transactions, Rainey directly owns 257,280.995 shares of Walmart common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by an executive, which is neutral in sentiment.
Industry Context
Sales by company executives are a normal part of corporate governance. The use of a 10b5-1 plan allows insiders to sell shares without being accused of trading on non-public information.
Stakeholder Impact
- The stock sale could have a minor negative impact on shareholder sentiment, but is unlikely to have a significant impact due to the pre-planned nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 2024-09-06 | Date the 10b5-1 plan was disclosed by Walmart on Form 8-K. |
| 2025-02-03 | Date of the stock sales by John D. Rainey. |
| 2025-02-05 | Date of the Form 4 filing. |
Keywords
Walmart, WMT, John D. Rainey, Executive Vice President, Stock Sale, Form 4, 10b5-1 Plan, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.