In a recent move, Walmart Inc. (WMT) executive Robson Walton sold over $170 million worth of company shares, with prices ranging between $92.24. The transactions, which took place in mid-September 2024, involved the sale of over 2 million shares across multiple price points. These sales followed the distribution of Walmart shares from the Walton Family Holdings Trust to a beneficiary, further shifting the ownership structure. Despite the large sales, Walton remains a trustee of the Trust, which continues to hold billions in Walmart shares. Investors are closely watching for the impact on Walmart’s future performance.
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