Walmart 8-K

Summary

Three Rule 10b5-1 stock trading plans for Walmart’s former CEO and two executives. The plans cover scheduled sales for long-term asset diversification, tax and financial planning, and give the individuals no discretion over transaction timing.

Key Figures

• C. Douglas McMillon, director and former CEO: 19,416 shares monthly from June 2026 through January 2027, up to 155,328 shares total. His existing plan is scheduled to expire after its last trade in May 2026.
• Daniel J. Bartlett, EVP, Corporate Affairs: $416,666.67 of stock monthly from July 2026 through 7/1/2029, subject to a minimum stock-price threshold; missed monthly amounts may carry forward. Maximum total: $15M. He is expected to remain compliant with the requirement to hold Walmart stock worth at least five times his base salary.
• David Guggina, EVP and President and CEO of Walmart U.S.: sale of the net shares after tax withholding from 21,108 restricted shares vesting 5/5/2026, with sales scheduled to begin 6/10/2026 at prevailing market prices. Maximum sale: 21,108 shares less shares withheld for taxes. He is expected to remain compliant with the requirement to hold Walmart stock worth at least five times his base salary.

Investor Takeaways

• Required transactions under the plans will be disclosed through Form 144 and Form 4 filings.