McMillon C Douglas 4
Research Summary
AI-generated summary
Walmart (WMT) CEO Doug McMillon Sells 19,416 Shares
What Happened Doug McMillon, President and CEO of Walmart Inc. (WMT), sold 19,416 shares on January 22, 2026. The weighted-average sale price was $119.17, generating proceeds of approximately $2,313,875. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-01-22; Form 4 filed: 2026-01-23 (timely filing).
- Sale type/code: Open market sale (S).
- Shares sold: 19,416; weighted-average price: $119.17; total proceeds: ~$2,313,875.
- Price range: trades executed between $119.05 and $119.263; reported price is the weighted average.
- Footnote: Sale executed pursuant to a Rule 10b5-1 trading plan entered during an open trading window and disclosed by the company on Form 8-K on March 17, 2025. The reporting person says they will provide full trade-by-trade details on request.
- Shares owned after the transaction: not specified in the provided filing.
Context This sale was carried out under a pre-established Rule 10b5-1 plan, which allows insiders to sell shares according to a predetermined schedule and is commonly used to avoid timing-based trading concerns. Sales under such plans are generally considered routine; this summary reports the facts only and does not infer motivation.