Walton Family Holdings Trust 4

What Happened

• Walton Family Holdings Trust, identified as a 10% owner of Walmart Inc. (WMT), sold a total of 2,779,586 Walmart shares in open-market transactions on March 9 and March 11, 2026. The sales were executed in multiple tranches: 1,332,649 @ $124.22 ($165,545,657), 57,145 @ $124.41 ($7,109,398), 995,288 @ $123.50 ($122,915,978), 376,237 @ $124.59 ($46,877,211), and 18,267 @ $125.15 ($2,286,049). Total proceeds across all trades were approximately $344.7 million. These were disposals (sales), which are often routine for large holders.

Key Details

• Transaction dates: March 9, 2026 and March 11, 2026; Form filed March 11, 2026 (no late filing indicated).
• Per-lot weighted-average prices and proceeds shown above; footnotes say each lot was executed in multiple trades with price ranges:
  • F1: trades ranged $123.375–$124.37 (weighted average reported).
  • F2: $124.375–$124.45.
  • F3: $123.06–$124.0588.
  • F4: $124.06–$125.055.
  • F5: $125.06–$125.24. The filer will provide trade-by-trade details on request.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Transaction code: S = Sale. No 10b5‑1 plan, tax withholding, or other special instructions were disclosed in the provided data.

Context

• The Walton Family Holdings Trust is a large, 10% owner — an institutional/owner-level holder rather than an executive trading stock. Large trust or family sales can reflect portfolio/estate/liquidity management and are not definitive signals about company fundamentals.
• For retail investors: insider purchases generally carry more direct bullish signal than routine sales. This filing documents significant insider selling but does not by itself explain the reason for the sales.