Walmart CEO Sells Portion of Shares, Retains Stake Worth 750 Billion Won

Walmart Inc. (WMT) executives sold portions of their holdings on the open market under pre‐established Rule 10b5-1 trading plans from mid‐April through the end of the month. On April 23, CEO C. Douglas McMillon disposed of roughly 19,000 shares at about $132 per share, raising approximately $25.7 million (≈KRW 3.5 billion). Disclosures show he still holds about $555 million (≈KRW 75 billion) in Walmart stock. Around April 16, President John Furner and Vice President Nicklaus Christopher James also executed modest plan-based sales totaling several million dollars (tens of billions of KRW), yet each continues to own several hundred thousand shares.

On April 23, Walmart released its Fiscal 2026 Annual Report and Proxy Statement, reaffirming a growth strategy focused on e-commerce, advertising, AI investments and store remodels. At the same time, major brokerages including TD Cowen raised Walmart’s price target, citing omni-channel growth momentum and forecasting further revenue gains and improved profitability.

Headquartered in Arkansas, Walmart is the world’s largest retailer, generating $706.4 billion in net sales (approximately KRW 950 trillion) in Fiscal 2026. By combining e-commerce, membership and advertising businesses with its brick-and-mortar grocery and everyday-essentials stores, Walmart has strengthened its omni-channel competitiveness in both U.S. and global markets.