Summary by Moomoo AI
Jim C. Walton, acting as trustee for the Walton Family Holdings Trust, is set to sell 15,000,000 shares of Walmart Inc. common stock, with an aggregate market value of approximately $886.8 million, on February 26, 2024. The shares were originally acquired on March 5, 2020, from Walton Enterprises, LLC, as a contribution. This planned transaction follows a series of sales over the past three months, where a total of 13,055,134 shares were sold for gross proceeds of over $2.21 billion.