Insider trade

CEO sold ~$2.31M of WMT shares in the open market

Traded Jan 22, 2026 · Filed Jan 23, 2026

WalmartWMT

~$2.31M
Reported value · 19K sh @ $119.1736: 4.27M
Holds after · shares reported: -11.5%
stock since the trade · S&P 500 +10.9%, $117.83 → $104.26 on Oct 1

Why it stands out

The boss of Walmart sold $2.31M 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: Jan 22, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 23, 2026

CEO$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$2,313,875

Shares × reported transaction price

Timing vs results

63 days after results of Nov 20, 2025, 28 days before results of Feb 19, 2026

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 $117.83 on Jan 22, 2026, within 3% of its 52-week high, after a 4% rise over the previous 30 trading days

52-week range $81.79 (Apr 8, 2025) to $120.36 (Jan 13, 2026), 93% of the way up, from 251 adjusted closes. 30 trading days earlier: $113.56 on Dec 8, 2025. Describes the past only, not a forecast

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	+5.5%	+0.4%	+5.1%
30 days	+6.9%	+0.1%	+6.8%
90 days	+8.5%	+3.2%	+5.2%
180 days	-5.0%	+6.7%	-11.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0001335782-26-000004
Filed / recorded: Jan 23, 2026, 10:49 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: Jan 22, 2026
Transaction code: S
Shares / units: 19,416
Price per share: $119.1736
Acquired / disposed: Disposed (D)
Shares owned after: 4,274,855.801
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 $119.05 to $119.263, 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.