Walmart said it was informed on November 22, 2024 that Kathryn McLay, Executive Vice President, President and Chief Executive Officer, Walmart International, entered into a Rule 10b5-1 stock trading plan.

1. 01

   Walmart said it was informed on November 22, 2024 that Kathryn McLay, Executive Vice President, President and Chief Executive Officer, Walmart International, entered into a Rule 10b5-1 stock trading plan.

2. 02

   Under the plan, Ms. McLay will sell 4,000 shares of common stock at prevailing market prices on a specified day each month for 10 months, beginning March 2025 and continuing through December, the company said. The maximum number of shares to be sold under the plan is 40,000.

3. 03

   The company said the plan is part of Ms. McLay's long-term asset diversification, tax, and financial planning strategy and is in accordance with the company's Insider Trading Policy. It also said that once the plan was entered into, the individual has no discretion or control over whether or when transactions under the plan will occur.

4. 04

   Walmart said Ms. McLay remains subject to its stock ownership guidelines, under which she must hold company stock worth at least 5 times her base salary, and will continue to meet those requirements after each monthly sale transaction is completed. The company said transactions under the plan will be disclosed publicly on Form 144 and Form 4 to the extent required.

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