Nicholas Christopher James 4

What Happened
Nicholas Christopher James, Executive Vice President of Walmart Inc. (WMT), sold 2,900 shares in an open-market disposition on June 18, 2026. The weighted-average sale price was $118.19 per share (range $118.18–$118.265 across multiple trades), for total proceeds of approximately $342,752. This was a sale (routine disposition) rather than a purchase or award.

Key Details

• Transaction date: 2026-06-18. Filing date: 2026-06-22 (filed within the typical two-business-day Form 4 window).
• Shares sold: 2,900; weighted-average price: $118.19; price range across trades: $118.18–$118.265.
• Shares owned after transaction: not disclosed in the information provided in this summary.
• Footnotes: (1) Sale executed under a Rule 10b5-1 trading plan entered during an open trading window and disclosed by the company on a Form 8-K dated December 29, 2025. (2) The filing notes the sale occurred in multiple trades and the reporting person will provide detailed per-trade quantities/prices on request to the SEC, the issuer, or a security holder.

Context
Because the sale was executed under a pre-established 10b5-1 plan (entered during an open window and publicly disclosed), it is generally viewed as a scheduled, pre-arranged transaction rather than an ad-hoc signal of insider sentiment. Sales are common and do not necessarily indicate a change in view about the company; purchases tend to be more informative about insider conviction.