Nicholas Christopher James 4
Research Summary
AI-generated summary
Walmart (WMT) EVP Nicholas Christopher James Sells 2,900 Shares
What Happened
- Nicholas Christopher James, Executive Vice President of Walmart Inc. (WMT), sold 2,900 shares on May 21, 2026 at $123.92 per share, generating $359,368 in proceeds. This was a sale (not a purchase) executed under a pre-established plan.
Key Details
- Transaction date and price: May 21, 2026 — 2,900 shares at $123.92 each.
- Total proceeds: $359,368.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Form 4 was filed May 22, 2026 for the May 21 transaction (appears timely).
- Footnote: The sale was executed pursuant to a Rule 10b5-1 trading plan entered during an open trading window and previously disclosed by Walmart on Form 8-K on December 29, 2025.
Context
- A 10b5-1 plan allows insiders to sell shares according to a pre-set schedule and is commonly used to avoid trading based on material nonpublic information; such sales are often routine and should not be taken alone as a signal of management sentiment.