SEC Form 4 · accession 0001127602-19-007784
Walmart Inc. · WMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jim C Walton
10% Owner
Period of report
Feb 20, 2019
Accepted (ET)
Feb 22, 2019 · 5:46 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 | Feb 20, 2019 | S | 705,786 | $99.1252 | D | 39,898,072 | I | By Trust |
| Common StockF2 | Feb 20, 2019 | S | 247,703 | $100.1778 | D | 39,650,369 | I | By Trust |
| Common StockF3 | Feb 20, 2019 | S | 127,012 | $101.1125 | D | 39,523,357 | I | By Trust |
| Common StockF4 | Feb 20, 2019 | S | 59,195 | $101.9675 | D | 39,464,162 | I | By Trust |
| Common StockF5 | Feb 21, 2019 | S | 716,173 | $99.3126 | D | 38,747,989 | I | By Trust |
| Common StockF6,F7 | Feb 22, 2019 | J | 6,688,795 | $0.00 | D | 32,059,194 | I | By Trust |
| Common StockF8 | Feb 22, 2019 | J | 5,000,000 | $0.00 | A | 15,557,224 | D | |
| Common StockF9 | holding | — | — | — | 1,415,891,131 | I | By Limited Liability Company |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This sale from the Walton Family Holdings Trust (the "Trust") was executed in multiple trades at prices ranging from $98.665 to $99.66, 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.
- F2This sale from the Trust was executed in multiple trades at prices ranging from $99.67 to $100.66, 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.
- F3This sale from the Trust was executed in multiple trades at prices ranging from $100.67 to $101.66, 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.
- F4This sale from the Trust was executed in multiple trades at prices ranging from $101.67 to $102.31, 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 $98.91 to $99.68, 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 transaction is a distribution of 6,688,795 shares of Common Stock, for no consideration, by the Trust to certain beneficiaries of the Trust.
- F7The reporting person is a trustee of the Trust, the entity that owns 32,059,194 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.
- F8The transaction is the receipt of 5,000,000 shares of Common Stock, for no consideration, in a distribution from the Trust.
- F9The 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.