Walmart Inc. — Director's Dealing 2018

Jun 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walmart Inc. (WMT)
CIK: 0000104169
Period of Report: 2018-05-30

Reporting Person: WALTON S ROBSON (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-30	Common Stock	A	2080	—	Acquired	3347254.3156	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1415891131	Indirect
Common Stock	81002271	Indirect

Footnotes

F1: Represents the annual equity grant as part of the Reporting Person's non-management director compensation. The receipt of these shares was deferred to a future date under an election previously made by the Reporting Person.

F2: Balance adjusted to reflect phantom shares acquired as dividend equivalents on deferred stock.

F3: The 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.

F4: The Reporting Person is a trustee of the Walton Family Holdings Trust, the entity that owns 81,002,271 shares of Common Stock. The Reporting Person disclaims beneficial ownership of the reported securities held by such Trust except to the extent of his pecuniary interest therein.