Walmart President & CEO John R. Furner Executes $1.58M Pre-Scheduled Stock Sale

Executive Summary

On October 16, 2026, John R. Furner, President & CEO and Director at Walmart Inc. ($WMT), filed a Form 4 disclosing open-market sales of 13,125 shares of Common Stock on October 15, 2026. The total gross transaction value was $1,582,901.48, executed at a weighted average price of approximately $120.60 per share.

Transaction Details

The transaction was executed in two tranches on October 15, 2026:

• Tranche 1: 7,089 shares sold at a weighted average price of $120.3265 (range: $119.69 to $120.67).
• Tranche 2: 6,036 shares sold at a weighted average price of $120.9256 (range: $120.70 to $121.37).

Both transactions were carried out pursuant to a pre-established Rule 10b5-1 trading plan adopted during an open trading window and previously disclosed in Walmart's Form 10-Q filed on August 28, 2026.

Holdings Context & Significance

• Post-Transaction Direct Holdings: Furner continues to directly hold 634,789.9633 shares of Walmart Common Stock.
• Indirect Holdings: Furner retains beneficial ownership of an additional 138,537.2667 shares held indirectly (5,687.2667 shares via a 401(k) plan and 132,850 shares through a Spousal Trust).
• Impact: The sale represents less than 1.7% of his total beneficially owned equity interest.
• Significance Assessment: Low. Because this transaction was executed under a pre-scheduled Rule 10b5-1 plan and represents a negligible fraction of the executive's total Walmart equity position, it does not suggest a discretionary or opportunistic sentiment shift.