Walmart Inc.·4

Feb 23, 5:48 PM ET

Furner John R. 4

4 · Walmart Inc. · Filed Feb 23, 2026

Research Summary

AI-generated summary of this filing

Updated

Walmart (WMT) CEO John R. Furner Sells 13,125 Shares

What Happened
John R. Furner, President & CEO and a director of Walmart Inc., sold a total of 13,125 shares of WMT on February 19, 2026 in two open-market transactions. The first sale was 10,540 shares at a weighted-average price of $128.96 for proceeds of $1,359,250 (trades ranged $128.36–$129.345). The second sale was 2,585 shares at a weighted-average price of $129.68 for proceeds of $335,229 (trades ranged $129.36–$130.00). Total reported proceeds were $1,694,479. These were sales (S), not purchases.

Key Details

  • Transaction date: February 19, 2026 (filed on Feb 23, 2026) — filing appears after the typical 2-business-day window.
  • Reported prices (weighted averages): $128.96 (10,540 sh) and $129.68 (2,585 sh); underlying trades executed across the ranges noted above (see footnotes).
  • Total shares sold: 13,125; total proceeds: $1,694,479.
  • Trades executed pursuant to Rule 10b5-1 plans entered while in an open trading window; issuer disclosed those plans on a Form 8‑K dated March 17, 2025. Reporting person offers to provide full trade-level details upon request (per footnotes).
  • Balance note: filing includes an adjustment (F3) to reflect current shares held in the Walmart 2016 Associate Stock Purchase Plan. The post-transaction holdings number is not provided in the excerpt.

Context
These sales were made under pre-established Rule 10b5-1 plans, which are commonly used to schedule insider trades in advance and can make such sales routine rather than a direct signal of management’s view. For retail investors, purchases generally carry clearer positive signals than scheduled sales; these transactions should be viewed as dispositions made under a pre-set trading plan.

Insider Transaction Report

Form 4
Period: 2026-02-19
Furner John R.
DirectorPresident & CEO
Transactions
  • Sale

    Common

    [F1]
    2026-02-19$128.96/sh10,540$1,359,250593,668.589 total
  • Sale

    Common

    [F2][F3]
    2026-02-19$129.68/sh2,585$335,229591,083.589 total
Holdings
  • Common

    (indirect: By 401(k))
    5,651.187
  • Common

    (indirect: By Trust)
    132,850
Footnotes (3)
  • [F1]This sale was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on March 17, 2025. This sale was executed in multiple trades ranging from $128.36 to $129.345, inclusive. The price reported above represents the weighted average purchase price. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
  • [F2]This sale was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on March 17, 2025. This sale was executed in multiple trades ranging from $129.36 to $130.00, inclusive. The price reported above represents the weighted average purchase price. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
  • [F3]Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.
Signature
/s/ Dirk Gardner, by power of attorney|2026-02-23

Documents

1 file
  • 4
    wk-form4_1771886877.xmlPrimary

    FORM 4