Walmart’s Furner sells 13,125 shares in planned trade (NASDAQ: WMT)

Posted by Scott Moore on Oct 17th, 2026

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What happened

Walmart Inc. (NASDAQ: WMT) reported that John R. Furner sold 13,125 shares on 2026-10-15 at prices from $120.33 to $120.93 a share. The filing identifies Furner as president, CEO and a director, and says the total value was about $1.58 million. It also says the trades were made under a Rule 10b5-1 trading plan. Furner held 634,790 shares after the sale.

The form breaks the sale into two lines. One covered 7,089 shares at a weighted average $120.3265. The other covered 6,036 shares at $120.9256. The form says the sale was carried out in multiple trades at prices ranging from $119.69 to $120.67 for one line and $120.70 to $121.37 for the other. Walmart disclosed the plan on Form 10-Q on August 28, 2026.

Key numbers

Metric	Latest	Source
Shares sold	13,125 shares	SEC Form 4
Sale price range	$120.33 to $120.93	SEC Form 4
Total value	about $1.58 million	SEC Form 4
Shares held after sale	634,790 shares	SEC Form 4

Why it matters

OptimistFi's case is that Walmart turns scale, a low-cost supply chain and omnichannel reach into durable cash generation. This filing does not change that case because it reports an insider sale, not an operating update. On OptimistFi's figures, the 13,125 shares were about 2.0% of Furner's pre-trade holding of 647,915 shares.

The sale reduced the stake, but it still left a large position in place. The filing shows 634,790 shares after the trades. The main caveat is the Rule 10b5-1 plan, which points to a prearranged transaction. That makes the filing more useful as a benchmark for Furner's stake than as a signal on the business. The price range also gives investors a reference point for the latest trade.

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What's next

Walmart's next quarterly report, the next Form 10-Q, is the next scheduled update in this record. That filing will be the next check on whether insider activity stays routine. A later filing with more plan-covered sales would extend the pattern and make the ownership trend easier to follow.

If the next report is quiet on insider activity, this filing will remain a routine ownership note. Until then, it fixes the post-trade stake and the price range for the sale.