Walmart Inc. — Director's Dealing 2023

Nov 29, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walmart Inc. (WMT)
CIK: 0000104169
Period of Report: 2023-11-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-27	Common Stock	S	157392	$156.7019	Disposed	232184169	Indirect
2023-11-27	Common Stock	S	189208	$157.0907	Disposed	231994961	Indirect
2023-11-29	Common Stock	J	60000	—	Disposed	231934961	Indirect
2023-11-29	Common Stock	S	420000	$156.0364	Disposed	231514961	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3220974.4685	Direct
Common Stock	1000891131	Indirect

Footnotes

F1: This sale from the Trust was executed in multiple trades at prices ranging from $155.95 to $156.945, 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 $156.95 to $157.36, 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: The transaction is a distribution of 60,000 shares of Common Stock, for no consideration, by the Trust to a beneficiary of the Trust.

F4: This sale from the Trust was executed in multiple trades at prices ranging from $155.66 to $156.44, 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: The reporting person is a trustee of the Trust, the entity that owns 231,514,961 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.

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.