December 18, 2024 · Form 4 insider transaction
WALTON ALICE L sold 3,002,673,393 shares of Walmart Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 1 day after the transaction.
This transaction is a transfer, for no consideration, of managing membership interests in Walton Enterprises, LLC ("Walton Enterprises"), the entity that owns 3,002,673,393 shares of Common Stock (the "Walton Enterprises Shares"), to four trusts. As a result of the transfer, on December 18, 2024, (a) those trusts became the managing members of Walton Enterprises, and (b) the reporting person ceased, to the extent of her pecuniary interest therein, to be a beneficial owner of the Walton Enterprises Shares. With respect to Walton Enterprises, voting and dispositive power over all of the Common Stock held thereby is exercised by the managing members thereof, acting by majority vote.