Insider trade

CEO sold ~$2.08M of WMT shares in the open market

Traded Oct 23, 2025 · Filed Oct 24, 2025

WalmartWMT

~$2.08M
Reported value · 19K sh @ $107.18: 4.35M
Holds after · shares reported: −1.7%
stock since the trade · S&P 500 +15.3%, $106.86 → $105.07 on Oct 5

Why it stands out

The boss of Walmart sold $2.08M of Walmart shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Oct 23, 2025
Reporting period: Not applicable
Filed with the SEC: Oct 24, 2025

CEO$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$2,080,951

Shares × reported transaction price

Timing vs results

63 days after results of Aug 21, 2025, 28 days before results of Nov 20, 2025

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $106.86 on Oct 23, 2025, within 2% of its 52-week high, after a 4% rise over the previous 30 trading days

52-week range $81.39 (Oct 30, 2024) to $109.03 (Oct 15, 2025), 92% of the way up, from 250 adjusted closes. 30 trading days earlier: $102.65 on Sep 11, 2025. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 253 workers was filed in Washington on September 29, 2025.

From the official state WARN list, 24 days before the trade; 2 more notices by the company within 60 days. Shown for timing only; the two filings are separate

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	−2.8%	−0.3%	−2.5%
30 days	+4.4%	−0.8%	+5.2%
90 days	+12.6%	+1.1%	+11.5%
180 days	+22.1%	+4.4%	+17.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0001335782-25-000012
Filed / recorded: Oct 24, 2025, 8:26 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Walmart Inc.
Issuer CIK: 104169
Ticker: WMT
Reporting person: C Douglas Mcmillon
Relationship: Officer
Officer title: President and CEO
Security: Common
Table: Non-derivative (Table I)
Transaction date: Oct 23, 2025
Transaction code: S
Shares / units: 19,416
Price per share: $107.18
Acquired / disposed: Disposed (D)
Shares owned after: 4,354,161.551
Ownership form: Direct
Amendment: No

Footnotes from the filing

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 $107.08 to $107.20, inclusive. The price reported above represents the weighted average sale 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.
Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.

Around the same time

Officer sold ~$407K of Walmart

Scheduled in advance11mo ago

5,000Shares

11mo ago

Gift or transfer — classified separately from trades.

More Official record

251.72Shares · @ $102.95

11mo ago

Routine share withholding; mechanical by default.

More Official record