Insider trade

10% owner sold ~$312M of WMT shares in the open market

Traded Nov 21, 2025 · Filed Nov 25, 2025

WalmartWMT

~$312M
Reported value · 2.95M sh @ $105.454: 532M
Holds after · shares reported: -1.0%
stock since the trade · S&P 500 +15.9%, $105.32 → $104.26 on Oct 1

Why it stands out

A big owner of Walmart sold $312M of Walmart shares. Nobody planned it ahead of time.

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: Nov 21, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 25, 2025

10% owner$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$311,535,581

Shares × reported transaction price

Timing vs results

1 day after results of Nov 20, 2025, 90 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 $105.32 on Nov 21, 2025, within 4% of its 52-week high, after a 3% rise over the previous 30 trading days

52-week range $81.79 (Apr 8, 2025) to $109.03 (Oct 15, 2025), 86% of the way up, from 250 adjusted closes. 30 trading days earlier: $101.84 on Oct 10, 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, 53 days before the trade. Shown for timing only; the two filings are separate

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+4.9%	+0.6%	+4.3%
30 days	+2.4%	+1.6%	+0.9%
90 days	+16.2%	+1.1%	+15.1%
180 days	+8.7%	+10.4%	-1.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0000104169-25-000181
Filed / recorded: Nov 25, 2025, 9:42 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: Walton Family Holdings Trust
Relationship: 10% owner
Security: Common
Table: Non-derivative (Table I)
Transaction date: Nov 21, 2025
Transaction code: S
Shares / units: 2,954,232
Price per share: $105.454
Acquired / disposed: Disposed (D)
Shares owned after: 532,142,968
Ownership form: Direct
Amendment: No

Footnotes from the filing

This sale was executed in multiple trades at prices ranging from $105.00 to $105.9999, inclusive. The price reported above reflects 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.