Top Walmart execs sell $1.69 million of company stock

by Talk Business & Politics staff ([email protected]) 1,592 views 

John Furner, Walmart U.S. CEO, and Judith McKenna, CEO of Walmart International, executed sell orders for part of their direct Walmart shareholdings in recent days, according to filings with the Securities and Exchange Commission made public late Tuesday (Nov. 19).

Furner sold 5,902 shares of Walmart stock in multiple trades averaging $119.17 per share. The total payout reported as of Nov. 15 by the retail giant was $703,395. This leaves Furner with a balance of 249,087 shares owned directly and 1,724 shares owned in his 401(k).

McKenna sold 8,300 shares at an average price of $119.21 for a payout of $989,443. Her ending balance as of Nov. 15 was 216,811 shares owned directly, with 34,184 shares owned by her spouse.

Kathryn McLay was named CEO of Sam’s Club on Nov. 15 and she received 3,365 shares of stock at net $0 cost in connection to her promotion. This gives McLay 40,032 shares of Walmart stock owned directly.

The Walmart share (NYSE: WMT) price is up more than 28% this year at Tuesday’s closing of $119.89. Over the past 52 weeks, Walmart shares have traded between $85.78 and $125.38.

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