Walmart Inc. — Director's Dealing 2021

Dec 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walmart Inc. (WMT)
CIK: 0000104169
Period of Report: 2021-12-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-06	Common Stock	S	53319	$138.1975	Disposed	298929406	Indirect
2021-12-06	Common Stock	S	520636	$138.8955	Disposed	298408770	Indirect
2021-12-07	Common Stock	S	225769	$138.8553	Disposed	298183001	Indirect
2021-12-07	Common Stock	S	82366	$139.2844	Disposed	298100635	Indirect
2021-12-08	Common Stock	S	166525	$136.5662	Disposed	297934110	Indirect
2021-12-08	Common Stock	S	209530	$137.2774	Disposed	297724580	Indirect
2021-12-08	Common Stock	S	15284	$138.1925	Disposed	297709296	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3217471.1475	Direct
Common Stock	1000891131	Indirect

Footnotes

F1: This sale from the Walton Family Holdings Trust (the "Trust") was executed in multiple trades at prices ranging from $137.50 to $138.49, 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.

F2: This sale from the Trust was executed in multiple trades at prices ranging from $138.50 to $139.35, 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.

F3: This sale from the Trust was executed in multiple trades at prices ranging from $138.11 to $139.10, 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.

F4: This sale from the Trust was executed in multiple trades at prices ranging from $139.11 to $139.83, 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.

F5: This sale from the Trust was executed in multiple trades at prices ranging from $136.02 to $137.01, 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.

F6: This sale from the Trust was executed in multiple trades at prices ranging from $137.02 to $138.01, 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.

F7: This sale from the Trust was executed in multiple trades at prices ranging from $138.02 to $138.47, 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.

F8: The reporting person is a trustee of the Trust, the entity that owns 297,709,296 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.

F9: The reporting person is a member of Walton Enterprises, LLC, the entity that owns 1,000,891,131 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.