Walmart CFO John David Rainey adopts new stock trading plan under Rule 10b5-1

Walmart Inc. (NYSE:WMT), the retail giant with a market capitalization of $800 billion and annual revenue exceeding $693 billion, disclosed Friday that Executive Vice President and Chief Financial Officer John David Rainey has entered into a new stock trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934. The company, which maintains a "GOOD" financial health rating according to InvestingPro analysis, made the announcement in a statement based on a filing with the Securities and Exchange Commission.

According to the filing, Mr. Rainey’s plan provides for the sale of up to 40,000 shares of Walmart common stock in two equal tranches of 20,000 shares each. The scheduled trade dates are February 2, 2026, and March 2, 2026. The sales will occur at prevailing market prices, and Mr. Rainey will not have discretion or control over the timing or execution of the transactions.

The company stated that the stock sales are part of Mr. Rainey’s long-term asset diversification, tax, and financial planning strategy and are in line with Walmart’s Insider Trading Policy. The new plan replaces Mr. Rainey’s existing Rule 10b5-1 plan, which was adopted on September 6, 2024, and will expire after its final trade on December 1, 2025.

Walmart also noted that Mr. Rainey remains subject to the company’s stock ownership guidelines, which require him to hold Walmart stock valued at no less than five times his base salary. The company indicated that Mr. Rainey will continue to meet these guidelines following the planned sales.

Any transactions executed under the plan will be reported through Form 144 and Form 4 filings with the Securities and Exchange Commission as required by law.

This information is based on a press release statement and the company’s SEC filing.

In other recent news, Walmart has been at the center of several significant developments. Tigress Financial Partners has raised its price target for Walmart stock to $125, maintaining a Buy rating, due to the company’s enhanced operating efficiency through automation and technology. Walmart+ has expanded its entertainment offerings by adding Peacock as a streaming partner alongside Paramount+, allowing members to choose between the two services at no additional cost. Furthermore, Walmart has entered a strategic collaboration with Broadcom to implement a modern private cloud and edge environment across its global operations, designating Broadcom as a strategic vendor for virtualization software solutions.

Walmart also introduced new AI-powered tools and incentives for marketplace sellers during its "Let’s Grow!" Marketplace Seller Summit. These tools are designed to reduce time to market and include features such as a Smart Assistant for 24/7 support and expanded fulfillment capabilities, including Next-Day Delivery in major metropolitan areas. Additionally, Walmart has expanded its automation partnership with Ranpak Holdings, planning to install Ranpak AutoFill™ systems across five new Next Generation Fulfillment Centers. These developments highlight Walmart’s ongoing efforts to enhance operational efficiency and customer offerings.

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