secwatch.observer — SEC 8-K summary
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Issuer:     Walmart Inc. (WMT)
CIK:        0000104169
Form:       8-K
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0000104169-23-000013
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Walmart CEO Doug McMillon adopts 10b5-1 plan to sell up to 233,000 shares over two years
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- Plan covers monthly sales from June 2023 to May 2025, 9,708 shares per month (9,716 in May 2025).
- Maximum aggregate shares to be sold under the plan is 233,000.
- Old plan expires in March 2023; new plan is for diversification and tax planning.
- McMillon will continue to satisfy stock ownership guidelines (7x base salary) after each sale.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104169/000010416923000013/0000104169-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104169/000010416923000013/wmt-20230224.htm
  HTML page:      https://secwatch.observer/filing/0000104169-23-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer