Summary by Moomoo AI
Jim C. Walton, acting as trustee for the Walton Family Holdings Trust, is set to sell 5,000,000 shares of Walmart Inc. common stock, with an aggregate market value of approximately $334.8 million, on June 11, 2024. The shares were originally acquired from Walton Enterprises, LLC on March 5, 2020, through a contribution transaction. This planned sale follows a series of transactions over the past three months, where a total of 13,751,450 shares were sold for gross proceeds of nearly $897.83 million.