Insider trade

Director sold ~$2.39M of WMT shares in the open market

Traded Mar 26, 2026 · Filed Mar 27, 2026

WalmartWMT

~$2.39M
Reported value · 19K sh @ $123.1603: 4.21M
Holds after · shares reported: -14.7%
stock since the trade · S&P 500 +18.4%, $122.18 → $104.26 on Oct 1

Why it stands out

A board member of Walmart sold $2.39M 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: Mar 26, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 27, 2026

Director$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$2,391,280

Shares × reported transaction price

Timing vs results

35 days after results of Feb 19, 2026, 56 days before results of May 21, 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 $122.18 on Mar 26, 2026, 49% above its 52-week low and 9% below its high, after a 5% drop over the previous 30 trading days

52-week range $81.79 (Apr 8, 2025) to $133.89 (Feb 13, 2026), 78% of the way up, from 251 adjusted closes. 30 trading days earlier: $128.77 on Feb 11, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 111 workers was filed in Illinois on March 27, 2026.

From the official state WARN list, 1 day after the trade. 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	+2.7%	+4.3%	-1.6%
30 days	+3.6%	+12.6%	-8.9%
90 days	-7.2%	+17.3%	-24.5%
180 days	-12.0%	+21.1%	-33.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0001335782-26-000012
Filed / recorded: Mar 27, 2026, 10:16 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: Director
Security: Common
Table: Non-derivative (Table I)
Transaction date: Mar 26, 2026
Transaction code: S
Shares / units: 19,416
Price per share: $123.1603
Acquired / disposed: Disposed (D)
Shares owned after: 4,213,405.581
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 $123.09 to $123.25, 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

Director sold ~$2.57M of Walmart

Scheduled in advance5mo ago

Officer sold ~$166K of Walmart

Scheduled in advance6mo ago

Officer sold ~$249K of Walmart