Walmart Inc. (WMT) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
WMT currently has 7.97B outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.1% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 29, 2026 |
10-Q filing | 7969.0M shares outstanding |
8B | 0 |
| Mar 27, 2026 |
8-K filing: Suresh Kumar, Executive Vice President, Global Chief Technology Officer and Chief Development Officer, entered into a stock trading plan designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934 to sell a maximum aggregate number of 199,610 shares of the Company's common stock. |
8B | 0 |
| Mar 13, 2026 |
8-K filing: C. Douglas McMillon, Daniel J. Bartlett and David Guggina each entered into a stock trading plan designed to comply with Rule 10b5-1 of the Securities and Exchange Act of 1934. |
8B | 0 |
| Mar 13, 2026 |
10-K filing | 7983.0M shares outstanding |
8B | 0 |
| Dec 29, 2025 |
8-K filing: Chris Nicholas, Executive Vice President, President and Chief Executive Officer, Sam's Club U.S., entered into a Rule 10b5-1 stock trading plan to sell up to 34,800 shares of Walmart Inc.'s common stock over 12 months starting in April 2026. |
8B | 0 |
| Sep 22, 2025 |
8-K filing: Donna Morris, Executive Vice President and Chief People Officer of Walmart Inc., entered into a Rule 10b5-1 stock trading plan to sell a maximum of 148,665 shares of Company common stock (less shares withheld for taxes upon vesting) commencing on January 13, 2026, for asset diversification, tax, and financial planning purposes, subject to a minimum stock price threshold and expiring no later than July 13, 2026. |
8B | 0 |
| Sep 19, 2025 |
8-K filing: Daniel Danker, Executive Vice President, AI Acceleration, Product and Design, entered into a stock trading plan designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934 to sell shares of the company's common stock. |
8B | 0 |
| Sep 05, 2025 |
8-K filing: John David Rainey, Executive Vice President and Chief Financial Officer of Walmart Inc., entered into a Rule 10b5-1 stock trading plan to sell up to 40,000 shares of the company's common stock in scheduled transactions on February 2, 2026, and March 2, 2026, for asset diversification, tax, and financial planning, while remaining compliant with the company's stock ownership guidelines. |
8B | 0 |
| Aug 29, 2025 |
10-Q filing | 7978.0M shares outstanding |
8B | 0 |
| Jun 06, 2025 |
10-Q filing | 8011.0M shares outstanding |
8B | 0 |
| Mar 17, 2025 |
8-K filing: John Furner, Executive Vice President, President and Chief Executive Officer, Walmart U.S., entered into a Rule 10b5-1 stock trading plan to sell up to 157,500 shares of Walmart's common stock from June 2025 through May 2026, with monthly sales of 13,125 shares. |
8B | 0 |
| Mar 17, 2025 |
8-K filing: C. Douglas McMillon, President and Chief Executive Officer of Walmart Inc., entered into a Rule 10b5-1 stock trading plan to sell a maximum aggregate number of 233,000 shares of the company's stock from June 2025 through May 2026 as part of his long-term asset diversification, tax, and financial planning strategy. |
8B | 0 |
| Mar 14, 2025 |
10-K filing | 8041.0M shares outstanding |
8B | 0 |
| Dec 06, 2024 |
10-Q filing | 8038.0M shares outstanding |
8B | 0 |
| Nov 22, 2024 |
8-K filing: Kathryn McLay, Executive Vice President, President and Chief Executive Officer, Walmart International, entered into a Rule 10b5-1 stock trading plan to sell up to 40,000 shares of Walmart Inc.'s common stock from March 2025 through December 2025. |
8B | 0 |
| Sep 06, 2024 |
8-K filing: John David Rainey, Executive Vice President and Chief Financial Officer of Walmart Inc., entered into a Rule 10b5-1 stock trading plan to sell up to 95,800 shares of the company's common stock through December 1, 2025, for asset diversification, tax, and financial planning purposes. |
8B | 0 |
| Aug 30, 2024 |
10-Q filing | 8044.0M shares outstanding |
8B | 0 |
| Jun 07, 2024 |
10-Q filing | 8053.0M shares outstanding |
8.1B | 0 |
| Mar 15, 2024 |
10-K filing | 8077.0M shares outstanding |
8.1B | 0 |
| Feb 28, 2024 |
8-K filing: John Furner, Executive Vice President, President and Chief Executive Officer, Walmart U.S., entered into a stock trading plan designed to comply with Rule 10b5-1 to sell up to 131,250 shares of the Company's common stock between May 31, 2024, and February 27, 2025. |
8.1B | 0 |
| Feb 23, 2024 |
Stock Split
8-K filing: Stock split 3-for-1 | Outstanding: 2,693,000,000 → 8,052,792,267 |
8.1B | 0 |
| Nov 30, 2023 |
10-Q filing | 2693.0M shares outstanding |
2.7B | 0 |
| Sep 01, 2023 |
10-Q filing | 2693.0M shares outstanding |
2.7B | 0 |
| Jun 02, 2023 |
10-Q filing | 2694.0M shares outstanding |
2.7B | 0 |
| Mar 24, 2023 |
8-K filing: John David Rainey, Executive Vice President and Chief Financial Officer of Walmart Inc., entered into a Rule 10b5-1 stock trading plan to sell up to 49,104 shares of the company's stock for asset diversification, tax, and financial planning purposes. |
2.7B | 0 |
| Mar 17, 2023 |
10-K filing | 2724.0M shares outstanding |
2.7B | 0 |
| Mar 06, 2023 |
8-K filing: John Furner, Executive Vice President, President and Chief Executive Officer, Walmart U.S., entered into a Rule 10b5-1 stock trading plan to sell up to 43,750 shares of the Company's common stock from June 2023 through March 2024. |
2.7B | 0 |
| Feb 24, 2023 |
8-K filing: C. Douglas McMillon, President and CEO of Walmart Inc., entered into a Rule 10b5-1 stock trading plan to sell a maximum aggregate of 233,000 shares from June 2023 through May 2025 as part of a long-term asset diversification strategy. |
2.7B | 0 |
| Dec 01, 2022 |
10-Q filing | 2711.0M shares outstanding |
2.7B | 0 |
| Sep 02, 2022 |
10-Q filing | 2736.0M shares outstanding |
2.7B | 0 |
| Aug 17, 2022 |
8-K filing: John Furner, Executive Vice President, President and Chief Executive Officer, Walmart U.S., entered into a stock trading plan designed to comply with Rule 10b5-1 of the Securities and Exchange Act of 1934 to sell a maximum aggregate number of 35,000 shares beginning September 2022 through April 2023. |
2.8B | 0 |
| Jun 03, 2022 |
10-Q filing | 2754.0M shares outstanding |
2.8B | 0 |
| Mar 18, 2022 |
10-K filing | 2792.0M shares outstanding |
2.8B | 0 |
| Dec 01, 2021 |
10-Q filing | 2785.0M shares outstanding |
2.8B | 0 |