Walton Family Holdings Trust 4

What Happened

• The reporting party is the Walton Family Holdings Trust (a 10% owner). The Trust sold a total of 1,723,236 Walmart (WMT) shares in open-market transactions on Feb 26–27, 2026, generating roughly $220,133,909 in proceeds. Individual reported trades: 21,770 shares at a weighted avg $127.12 ($2,767,376), 1,359,406 shares at $127.68 ($173,562,569), and 342,060 shares at $128.06 ($43,803,964).
• In addition, the Trust distributed 303,000 shares to a beneficiary on Feb 26, 2026 (reported as an other disposition at no consideration).

Key Details

• Transaction dates and types: Feb 26, 2026 — 21,770 shares sold (S) and 303,000 shares distributed (J); Feb 27, 2026 — 1,359,406 shares sold (S) and 342,060 shares sold (S).
• Prices/ranges: weighted averages shown above. Footnotes indicate the sales were executed in multiple trades with price ranges: $127.00–$127.3233; $127.00–$127.999; and $128.00–$128.54 respectively. The weighted averages reported reflect those multiple trades.
• Reported proceeds from open-market sales: ~$220.13 million. The 303,000-share distribution had no consideration.
• Shares owned after transaction: not specified in the excerpt provided — see the full Form 4 for "Amount Beneficially Owned" details.
• Filing timeliness: Form 4 filed 2026-02-27 reporting transactions on 2026-02-26 and 02-27; no late filing is indicated.
• Notes: The Reporting Person is a 10% owner (Walton family trust), not an individual executive. Footnotes state the Trust can provide full per-trade breakdown on request.

Context

• Sales by a 10% owner or family trust often reflect estate planning or liquidity needs and are institutional in nature; distributions to beneficiaries (gifts) do not necessarily signal a view on the company’s outlook. This filing documents large, routine dispositions rather than insider purchases.