On March 27, 2026, Walmart Inc. disclosed that Suresh Kumar, the Executive Vice President and Global Chief Technology Officer, has initiated a stock trading plan in compliance with Rule 10b5-1 of the Securities Exchange Act of 1934. This plan allows individuals without access to material non-public information to establish a pre-arranged schedule for trading securities. The plan is part of Mr. Kumar's long-term asset diversification and financial planning strategy, aligning with Walmart's Insider Trading Policy. Under the terms of the plan, Mr. Kumar is set to sell approximately 33,270 shares of Walmart's common stock each month from June 29, 2026, through December 31, 2026, contingent upon meeting a minimum stock price threshold. If the threshold is not met in any month, the shares will be carried over to the subsequent month when the threshold is achieved. The total number of shares that may be sold under this plan is capped at 199,610. Mr. Kumar remains subject to Walmart's stock ownership guidelines, which require him to hold shares valued at five times his base salary. All transactions under this plan will be publicly disclosed through Form 144 and Form 4 filings with the SEC as mandated by law.
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