Walmart Executive Sells Shares Worth 12 Billion Won

Executives at U.S. retail giant Walmart Inc. (NYSE: WMT) have recently sold company shares under pre-arranged trading plans, and the Walton family—the company’s largest shareholder—has modestly reduced its stake through public disclosures. On February 3, Chief People Officer Donna Morris disposed of approximately 70,000 common shares at $123.79 per share, generating roughly $9.43 million in proceeds. Despite this sale, Morris continues to hold several hundred thousand shares, both directly and indirectly. On February 17, Chief Technology and Customer Officer Daniel J. Bartlett sold about 1,000 shares at $133.21 each, realizing around $133,210, but he likewise retains a substantial stake. Meanwhile, Walton Enterprises and the Walton Family Holdings Trust trimmed portions of their holdings—some to fulfill family‐trust beneficiary distributions and some for investment or charitable purposes—yet still report ownership of roughly 44% and 6% of Walmart’s outstanding shares, respectively.

In its fourth quarter results for fiscal 2026, released on February 19, Walmart reported revenue of $190.7 billion—approximately ₩250 trillion—a 5.6% increase year-over-year. Operating income grew by double digits, exceeding market expectations. The company attributed its strong performance to expanded investments in automation and logistics, as well as efforts to diversify revenue streams through e-commerce, advertising, membership programs, and enhanced digital services such as an AI-powered shopping assistant.

Founded in Arkansas in 1962, Walmart has grown into the world’s largest retailer, operating discount stores, warehouse clubs, and an online platform across the United States and internationally. Its performance is widely regarded as a bellwether for U.S. consumer trends. Since John Furner assumed the role of Chief Executive Officer in February 2026, the company has laid out a mid- to long-term growth roadmap centered on an omni-channel strategy and continued investment in artificial intelligence and automation.