Summary by Moomoo AI
Jim C. Walton, acting as trustee for the Walton Family Holdings Trust and an officer of Walmart Inc., is set to sell 1,323,856 shares of Walmart common stock, with an aggregate market value of approximately $232.4 million, on February 23, 2024. The shares were originally acquired on March 5, 2020, from Walton Enterprises, LLC, as a contribution. This transaction follows a series of sales over the past three months, where a total of 13,544,465 shares were sold for gross proceeds of over $2.28 billion.