Walmart EVP Daniel J. Bartlett Sells $415K in Common Stock Under Rule 10b5-1 Plan

Executive Summary

On September 1, 2026, Daniel J. Bartlett, Executive Vice President of Walmart Inc. ($WMT), sold 3,950 shares of common stock at a weighted average price of $105.1387 per share, generating gross proceeds of approximately $415,298. The transaction was filed with the SEC on Form 4 on September 2, 2026.

Transaction Details

• Security: Common Stock
• Transaction Type: Open market sale (Code S)
• Shares Sold: 3,950
• Execution Price: $105.1387 (range: $105.1100 to $105.1999)
• Total Value: $415,297.87
• Shares Retained: 622,348.533 shares (Direct ownership)

Context & Significance

• 10b5-1 Trading Plan: The transaction was executed under a Rule 10b5-1 trading plan entered into during an open trading window and previously disclosed on Form 8-K on March 13, 2026.
• Significance Assessment: Low. The sale represents approximately 0.63% of the executive's direct equity stake in Walmart. Because the transaction was conducted automatically via an established Rule 10b5-1 plan and comprises a negligible fraction of Mr. Bartlett's overall position, it is unlikely to indicate fundamental shifts in company outlook.