WMT Walmart Inc. Insider Trading

Walton Family Holdings Trust sold 4.42M WMT shares for $535.8M at $121.09 blended average on 2026-06-16

The Walton Family Holdings Trust executed 3 separate sales totaling 4,424,704 shares for $535,788,409.27 on 2026-06-16, representing a -0.9% reduction in its 502.31M-share post-transaction position as a 10% owner. The blended average sale price of $121.09 occurs as the stock trades at $117.18 currently, down 13.3% from the 52-week high of $135.16 and down 12.7% over the past 30 days. Across the insider's broader cross-ticker history, a track record of 20 prior sells shows a 100.00% well-timed rate at the 90-day mark, though at WMT specifically, prior transaction outcomes remain unmeasurable. The scale of this divestiture—over half a billion dollars in a single filing—reflects material portfolio activity by the controlling family trust, warranting investor attention to disclosed motivations and any broader signaling about the company's capital allocation environment.

EVP David W Guggina sold 11,978 (12.0K shares) of WMT at $119.82 via 10b5-1 plan on 2026-06-10.

David W Guggina, Executive Vice President, sold 11,978 shares at $119.82 on 2026-06-10 under a pre-arranged 10b5-1 trading plan, reducing his holdings from 137,045 shares to 125,067 shares. This was a scheduled transaction, not a discretionary decision driven by conviction about the stock's near-term prospects. Post-transaction, Guggina retains substantial holdings of 125,067 shares, indicating continued material stake alignment with shareholder interests despite the planned divestiture.

Walton Family Trust sold 1.77M WMT shares ($200.7M) at blended avg $113.32; holds 507.62M shares post-sale. Stock down 12.9% from 52-week high.

Walton Family Holdings Trust executed 2 separate sales totaling 1,771,333 shares for $200,723,322.33 at prices of $113.24 and $114.16 on 2026-06-02, reducing holdings by 0.3% to 507,616,456 shares. The timing merits attention: the insider's cross-ticker track record shows a 100.00% 90-day well-timed rate across 20 prior sells with an average 90-day return of -5.2%, and at WMT specifically, all 5 prior trades executed in late May were well-timed with negative subsequent returns ranging from -1.8% to -3.4%. Current price of $117.74 sits -12.9% from the 52-week high and -10.0% over the past 30 days, consistent with the downward trajectory that preceded this filing. This pattern of consistent sales by a major 10% stakeholder warrants scrutiny as to whether publicly available information has shifted materially since the May transactions, though the relatively modest share reduction (-0.3% of holdings) suggests portfolio management rather than systemic exit intent.

Walton Family Holdings Trust sold 461,827 shares for $54,973,734.22 across two trades on May 27-28, 2026.

The Walton Family Holdings Trust, a 10% owner of Walmart, executed two separate sales totaling 461,827 shares for $54,973,734.22 at a blended average price of $119.04 on May 27-28, 2026, reducing holdings from 509,849,616 to 509,387,789 shares (-0.1% of pre-transaction holdings). The sales occurred while WMT traded near its 52-week high, with current price $115.75 now down 14.4% from that peak and down 9.6% over the prior 30 days. The insider's cross-ticker track record shows a 90-day well-timed rate of 90.00% across 20 prior sells, and at WMT specifically, all 5 prior sales were well-timed (each posted negative 90-day returns ranging from -1.7% to -3.5%), establishing a consistent pattern of selling ahead of subsequent declines. This filing warrants attention as the trade size, timing relative to recent price strength, and the insider's demonstrated pattern of well-timed exits all suggest informed positioning.

C Douglas McMillon sold 19,416 WMT shares at $118.63 under 10b5-1 plan; holds 4,174,578 shares post-transaction.

C Douglas McMillon, as Director, executed a scheduled sale of 19,416 shares at $118.63 on 2026-05-28 under a pre-arranged 10b5-1 trading plan, reducing his holdings from 4,193,994 shares to 4,174,578 shares. The transaction was non-discretionary and occurred when WMT traded at $118.63, which was -14.4% from the 52-week high of $135.16 and reflects recent price weakness with a 30-day change of -9.6%. Across his prior five trades at WMT, McMillon's timing outcomes have been mixed: three sales were followed by positive 30-day returns ranging from +2.0% to +5.5%, while two were followed by negative returns of -3.0% and -3.5%. Given the 10b5-1 plan structure, this sale is scheduled execution rather than a discretionary market-timing decision.

EVP Latriece Watkins sells 11,000 WMT shares at $118.97; stock down 9.6% in 30 days, now $115.75.

Latriece Watkins, Executive Vice President, sold 11,000 shares of Walmart at $118.97 on 2026-05-28 for $1,308,670.00, reducing her holdings by 8.4% to 120,203 shares. The transaction occurred as Walmart's stock is down 9.6% over the past 30 days and 9.5% over 90 days, trading at $115.75 against a 52-week high of $135.16. Her prior open-market transaction at Walmart (a February 2026 sell) produced a -0.1% 90-day return, indicating the timing of that trade aligned with subsequent declines. The company reported strong fundamentals: $179.5B in latest quarterly revenue, $6.1B net income, and 4.7% annual revenue growth, with a market cap of $922.8B and a P/E of 36.40. This sale represents discretionary open-market activity and should be evaluated in the context of whether recent price weakness signals changed executive perspective on valuation or near-term prospects.

Walton Family Holdings Trust sold 2,123,840 shares for $254,437,474.55 across 6 transactions on 2026-05-22 and 2026-05-26.

The Walton Family Holdings Trust executed six separate sales totaling 2,123,840 shares for $254,437,474.55 at blended average price of $119.80, reducing holdings by 0.4%. The timing is notable: these sales occurred as WMT traded near 52-week highs (current price $118.57 is -12.3% from the $135.16 peak), and the execution price range of $119.16–$121.07 captured elevated valuation. Prior WMT sales by this insider demonstrate strong timing execution—all 5 prior sales at this ticker showed negative 90-day returns (range -1.7% to -3.5%), indicating the insider has consistently sold ahead of subsequent declines. The cross-ticker track record reinforces this pattern: 90% well-timed rate across 20 prior sells with average 90-day return of -3.3%. This filing represents consistent behavior from a sophisticated, long-standing holder (509.85M shares remain post-sale) and suggests the insider viewed current prices as attractive exit points ahead of a broader valuation contraction now evident in the stock's -8.7% decline over the past 30 days.

WMT CEO Furner sells 13,125 shares for $1,628,574.25 under 10b5-1 plan; retains 661,037 shares

John R. Furner executed two separate sales totaling 13,125 shares (13.1K shares) for $1,628,574.25 at a blended average price of $124.08 on 2026-05-21, reducing his holdings by 1.9% to 661,037 shares post-transaction. This transaction is part of a pre-arranged 10b5-1 trading plan, meaning it is scheduled rather than discretionary. The stock currently trades at $120.27, down 11.0% from its 52-week high of $135.16, and has declined 7.5% over the past 30 days. Furner's prior trades at WMT have shown mixed 30-day outcomes (ranging from -8.2% to +5.5%), though his cross-ticker track record shows an average 90-day return of +8.5% after sells across 20 prior transactions.

CEO Furner sold 13,125 shares at $124.84 blended avg for $1.6M; retains 674.2K shares

John R. Furner, Walmart's President & CEO, executed 2 separate sales totaling 13,125 shares (13.1K shares) for $1,638,530.21 ($1.6M) on 2026-04-16, at a blended average price of $124.84. Post-transaction holdings of 674.2K shares represent a -1.9% reduction from prior holdings of 687.3K shares, a modest portfolio adjustment. At the current price of $127.50, the stock trades -4.8% from its 52-week high of $133.89, and has appreciated +4.5% over the prior 30 days and +6.5% over the prior 90 days. Across his cross-ticker history, Furner's prior 20 sells averaged +1.0% returns at 30 days and +9.9% at 90 days, with a well-timed rate of 5.88%; at WMT specifically, his 5 prior trades show mixed outcomes, with 0 of 2 prior measurable sells at the 90-day mark having been well-timed. The transaction occurs while WMT trades near its 52-week highs in a strong recent price trajectory, and Furner retains substantial CEO-level holdings reflective of continued alignment with shareholders.

Walmart director McMillon sells 19,416 shares at $123.16; stock -8.2% from 52-week high.

Director Douglas McMillon sold 19,416 shares of Walmart at $123.16 on 2026-03-26, reducing his holdings from 4,232,821 shares to 4,213,405 shares—a -0.5% reduction. The sale occurs with Walmart trading at $122.89, down 8.2% from its 52-week high of $133.89 and down 2.3% over the prior 30 days. Examining his same-ticker history at Walmart, McMillon's 5 prior sales at this ticker show mixed timing outcomes: his 2025-12-26 and 2025-11-28 sales were followed by positive 90-day returns of +9.3% and +13.6% respectively, meaning he sold before gains materialized. Across his broader cross-ticker open-market history (20 prior sells), his 90-day well-timed rate of 5.56% is modest, with an average 90-day return of +8.8% after his sells. The current sale represents a routine portfolio transaction with no material change in his insider position.