Walmart Inc. — Director's Dealing 2020

Mar 7, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walmart Inc. (WMT)
CIK: 0000104169
Period of Report: 2020-03-05

Reporting Person: WALTON ALICE L (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-05	Common Stock	J	415000000	—	Disposed	1000891131	Indirect
2020-03-05	Common Stock	J	415000000	—	Acquired	419155600	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6748580	Direct

Footnotes

F1: The reporting person is a member of Walton Enterprises, LLC ("Walton Enterprises"). The securities were contributed by Walton Enterprises to the Walton Family Holdings Trust (the "Trust"), a trust established for the benefit of the holders of the membership interests of Walton Enterprises, on 03/05/2020 (the "Transaction"). Following the Transaction, Walton Enterprises owns 1,000,891,131 shares of Common Stock. The reporting person disclaims beneficial ownership of the reported securities held by Walton Enterprises except to the extent of her pecuniary interest therein.

F2: The reporting person is a trustee of the Trust, the entity that holds 419,155,600 shares of Common Stock. The reporting person disclaims beneficial ownership of the reported securities held by the Trust except to the extent of her pecuniary interest therein.