SEC Form 4 · accession 0001127602-18-035442
Walmart Inc. · WMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jim C Walton
10% Owner
Period of report
Dec 3, 2018
Accepted (ET)
Dec 6, 2018 · 6:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000104169
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 3, 2018 | J | 264,000 | $0.00 | D | 46,220,690 | I | By Trust |
| Common StockF2 | Dec 3, 2018 | S | 387,000 | $98.6995 | D | 45,833,690 | I | By Trust |
| Common StockF3 | Dec 4, 2018 | S | 243,614 | $96.4118 | D | 45,590,076 | I | By Trust |
| Common StockF4 | Dec 4, 2018 | S | 145,086 | $97.4777 | D | 45,444,990 | I | By Trust |
| Common StockF5,F6 | Dec 4, 2018 | S | 333,456 | $98.3134 | D | 45,111,534 | I | By Trust |
| Common Stock | holding | — | — | — | 10,557,224 | D | ||
| Common StockF7 | holding | — | — | — | 1,415,891,131 | I | By Limited Liability Company |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction is a distribution of 264,000 shares of Common Stock, for no consideration, by the Walton Family Holdings Trust (the "Trust") to a beneficiary of the Trust.
- F2This sale from the Trust was executed in multiple trades at prices ranging from $98.39 to $98.95, inclusive. The price reported above reflects the weighted average sales 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.
- F3This sale from the Trust was executed in multiple trades at prices ranging from $96.00 to $96.99, 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.
- F4This sale from the Trust was executed in multiple trades at prices ranging from $97.00 to $97.99, 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.
- F5This sale from the Trust was executed in multiple trades at prices ranging from $98.00 to $98.96, 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.
- F6The reporting person is a trustee of the Trust, the entity that owns 45,111,534 shares of Common Stock. The reporting person disclaims beneficial ownership of the reported securities held by the Trust except to the extent of his pecuniary interest therein.
- F7The reporting person is a member of Walton Enterprises, LLC, the entity that owns 1,415,891,131 shares of Common Stock. The reporting person disclaims beneficial ownership of the reported securities held by such LLC except to the extent of his pecuniary interest therein.