Walmart Inc. — Director's Dealing 2026

Feb 3, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Walmart Inc. (WMT)
CIK: 0000104169
Period of Report: 2026-01-31

Reporting Person: Rainey John D (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-31	Common	F	102456.656	$119.14	Disposed	526763.922	Direct
2026-02-02	Common	S	1704	$119.4486	Disposed	525059.922	Direct
2026-02-02	Common	S	3385	$120.6843	Disposed	521674.922	Direct
2026-02-02	Common	S	3744	$121.6285	Disposed	517930.922	Direct
2026-02-02	Common	S	2561	$122.69	Disposed	515369.922	Direct
2026-02-02	Common	S	8606	$123.601	Disposed	506763.922	Direct

Footnotes

F1: Represents stock units withheld to satisfy tax withholding obligations upon the vesting of performance-based restricted stock units.

F2: This sale was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on September 5, 2025. This sale was executed in multiple trades ranging from $119.12 to $120.11, inclusive. The price reported above represents the weighted average purchase 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 was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on September 5, 2025. This sale was executed in multiple trades ranging from $120.1417 to $121.1107, inclusive. The price reported above represents the weighted average purchase 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 was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on September 5, 2025. This sale was executed in multiple trades ranging from $121.1445 to $122.1379, inclusive. The price reported above represents the weighted average purchase 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 was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on September 5, 2025. This sale was executed in multiple trades ranging from $122.1553 to $123.1519, inclusive. The price reported above represents the weighted average purchase 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 was executed pursuant to a Rule 10b5-1 Plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on September 5, 2025. This sale was executed in multiple trades ranging from $123.1595 to $124.065, inclusive. The price reported above represents the weighted average purchase 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.