=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-02-19
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: Walmart Inc. (WMT)
CIK: 0000104169
--- Reporting Owner ---
Name: Furner John R.
CIK: 0001696737
Role: Director, Officer (President & CEO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common
Date: 2026-02-19 | Code: S (Open market sale)
Shares: -10,540 | Price: $128.96
Total Value: $1,359,249.99
Shares Owned After: 593,668.589 | Ownership: D (Direct)
Footnotes:
[F1] 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 March 17, 2025. This sale was executed in multiple trades ranging from $128.36 to $129.345, 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.
[Transaction #2]
Security: Common
Date: 2026-02-19 | Code: S (Open market sale)
Shares: -2,585 | Price: $129.68
Total Value: $335,228.75
Shares Owned After: 591,083.589 | Ownership: D (Direct)
Footnotes:
[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 March 17, 2025. This sale was executed in multiple trades ranging from $129.36 to $130.00, 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] Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.
--- Holdings ---
[Holding #1]
Security: Common
Ownership: I (Indirect)
[Holding #2]
Security: Common
Ownership: I (Indirect)
--- Footnotes (Complete Index) ---
F1: 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 March 17, 2025. This sale was executed in multiple trades ranging from $128.36 to $129.345, 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.
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 March 17, 2025. This sale was executed in multiple trades ranging from $129.36 to $130.00, 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: Balance adjusted to reflect current shares held in the Walmart Inc. 2016 Associate Stock Purchase Plan.
--- Signature ---
/s/ /s/ Dirk Gardner, by power of attorney (2026-02-23)
