Walmart Inc. — Director's Dealing 2022

Dec 21, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walmart Inc. (WMT)
CIK: 0000104169
Period of Report: 2022-12-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-19	Common Stock	J	1501000	—	Disposed	268584635	Indirect
2022-12-19	Common Stock	J	1501000	—	Acquired	4720243.5835	Direct
2022-12-20	Common Stock	J	541000	—	Disposed	268043635	Indirect
2022-12-21	Common Stock	G	1501000	—	Disposed	3219243.5835	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000891131	Indirect

Footnotes

F1: The transaction is a distribution of 1,501,000 shares of Common Stock, for no consideration, by the Walton Family Holdings Trust (the "Trust") to the reporting person.

F2: The transaction is the receipt of 1,501,000 shares of Common Stock, for no consideration, in the distribution from the Trust.

F3: The transaction is a distribution of 541,000 shares of Common Stock, for no consideration, by the Trust to a beneficiary of the Trust.

F4: The reporting person is a trustee of the Trust, the entity that owns 268,043,635 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.

F5: On December 21, 2022, the reporting person made a charitable gift of 1,501,000 shares of Common Stock.

F6: 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.