Walmart Inc.·4

Feb 23, 5:48 PM ET

Furner John R. 4

Research Summary

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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.