In a regulatory filing late Friday, Jim C. Walton, as trustee of the Walton Family Holdings Trust, registered for sale 12M shares of Walmart (WMT) stock. Jim C. Walton is the youngest son of Walmart co-founder Sam Walton and Helen Walton. The shares registered for potential sale have an aggregate market value of about $1.12B as of the time of the filing, the filing with the SEC shows.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WMT:
- Walmart sued by CFPB for opening deposit accounts for over 1M delivery drivers
- Big Lots Stores to Start Going Out of Business Sales Ahead of Closing
- Telsey names top picks for 2025
- Walmart price target raised to $110 from $100 at BMO Capital
- Walmart sponsors new source for gaming analysis and entertainment, Restart