McMillon C Douglas 4

What Happened
C. Douglas McMillon, listed as a Director of Walmart Inc., sold 19,416 shares in an open-market transaction on February 26, 2026. The weighted-average sale price was $126.71, generating approximately $2,460,118 in proceeds. The filing reports the sale as a disposition (transaction code S) rather than a purchase.

Key Details

• Transaction date: 2026-02-26; filing date: 2026-02-27 (filed promptly the next day).
• Shares sold: 19,416; weighted-average price: $126.71; total proceeds ≈ $2,460,118.
• Price range: individual trades executed between $126.60 and $127.09 (per footnote). The reported price is the weighted average.
• Footnote F1: Sale was executed pursuant to a Rule 10b5-1 trading plan established during an open trading window and disclosed by the company on Form 8-K (Mar 17, 2025). The reporting person will provide full trade-by-trade details upon request.
• Footnote F2: Post-transaction balance was adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan (exact post-sale share count not specified in this summary).

Context
This was a sale under a pre-established 10b5-1 plan, which is commonly used by insiders to sell shares on a preset schedule and is generally viewed as routine rather than a direct signal of management sentiment. No options were exercised and no gifts or tax-withholding transactions were involved in this reported filing.