Walmart Inc. — Director's Dealing 2022

Aug 25, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walmart Inc. (WMT)
CIK: 0000104169
Period of Report: 2022-08-22

Reporting Person: WALTON ALICE L (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-22	Common Stock	J	200000	—	Disposed	283000824	Indirect
2022-08-22	Common Stock	S	56580	$135.3489	Disposed	282944244	Indirect
2022-08-22	Common Stock	S	84560	$135.9679	Disposed	282859684	Indirect
2022-08-22	Common Stock	S	10	$136.71	Disposed	282859674	Indirect
2022-08-23	Common Stock	S	38126	$133.9389	Disposed	282821548	Indirect
2022-08-23	Common Stock	S	6754	$134.3226	Disposed	282814794	Indirect
2022-08-24	Common Stock	S	7871	$134.3118	Disposed	282806923	Indirect
2022-08-24	Common Stock	S	128746	$135.0796	Disposed	282678177	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6748580	Direct
Common Stock	1000891131	Indirect

Footnotes

F1: The transaction is a distribution of 200,000 shares of Common Stock, for no consideration, by the Walton Family Holdings Trust (the "Trust") to a beneficiary of the Trust.

F2: This sale from the Trust was executed in multiple trades at prices ranging from $134.60 to $135.59, 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 $135.60 to $136.59, 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 $136.60 to $136.71, 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 $133.22 to $134.21, 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 $134.22 to $134.51, 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 $133.63 to $134.62, 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: This sale from the Trust was executed in multiple trades at prices ranging from $134.63 to $135.27, 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.

F9: The reporting person is a trustee of the Trust, the entity that holds 282,678,177 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.

F10: 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 her pecuniary interest therein.