Walmart President and CEO C. Douglas McMillon sold 19,416 shares of company stock on December 26, 2025. The transaction generated approximately $2.17 million.
The shares sold at a weighted average price of $111.8262. McMillon disclosed the sale in a Form 4 filing with the Securities and Exchange Commission on December 30, 2025.
McMillon conducted the sale under a pre-arranged Rule 10b5-1 trading plan, which he adopted in March 2025. Such plans allow company insiders to sell a predetermined number of shares at a set time, avoiding accusations of trading on non-public information.
Following this transaction, McMillon continues to directly own over 4.3 million shares of Walmart stock.