Walmart Officer Files Form 144 to Sell $415K in Stock Under 10b5-1 Plan

Walmart Inc. (WMT) - Form 144 Notice of Proposed Sale Analysis

Executive Summary On September 1, 2026, Daniel J Bartlett, an Officer of Walmart Inc., filed a Form 144 notifying the SEC of a proposed sale of 3,950 shares of Walmart Common Stock with an estimated aggregate market value of $415,297.79.

Transaction Details

• Proposed Sale Date: September 1, 2026
• Number of Shares: 3,950
• Aggregate Market Value: $415,297.79 (~$105.14 per share)
• Securities Acquired: From an Executive Performance Share Unit (PSU) grant on January 31, 2026 (76,181 shares awarded as equity compensation)
• Broker: Stephens Inc.

Rule 10b5-1 Plan & Past Sales

• The proposed sale is executed pursuant to a pre-scheduled Rule 10b5-1 trading plan adopted on March 12, 2026.
• Recent Sales History (Past 3 Months):
  • June 15, 2026: 1,385 shares for $165,964.55
  • July 1, 2026: 3,775 shares for $413,891.00
  • August 3, 2026: 3,710 shares for $419,601.00

Market Impact & Significance

• Significance Level: Low
• The proposed transaction represents an immaterial fraction of Walmart's ~7.93 billion shares outstanding and forms part of an established, programmatic Rule 10b5-1 diversification schedule following equity compensation vesting.