Walmart Inc. Files 8-K Detailing Debt Instruments
Ticker: WMT · Form: 8-K · Filed: Mar 28, 2024 · CIK: 104169
Sentiment: neutral
Topics: debt, financing, filing
Related Tickers: WMT
TL;DR
Walmart filed an 8-K listing its various notes due dates, showing ongoing debt management.
AI Summary
On March 28, 2024, Walmart Inc. filed an 8-K report. The filing primarily lists various debt instruments, including "A2.550 Notes Due 2026" and "A5.250 Notes Due 2035", indicating ongoing financing activities. No specific new events or material changes were detailed beyond the listing of these financial instruments.
Why It Matters
This filing provides insight into Walmart's ongoing debt management and financing strategies, which can impact its financial leverage and future investment capacity.
Risk Assessment
Risk Level: low — The filing is routine and primarily lists existing debt instruments without announcing new material events or changes.
Key Numbers
- 2026 — Note Maturity Year (Indicates upcoming debt obligations.)
- 2035 — Note Maturity Year (Indicates longer-term debt obligations.)
- 2039 — Note Maturity Year (Indicates longest-term debt obligations listed.)
Key Players & Entities
- Walmart Inc. (company) — Registrant
- A2.550 Notes Due 2026 (dollar_amount) — Debt Instrument
- A10.50 Notes Due 2026 (dollar_amount) — Debt Instrument
- A15.00 Notes Due 2028 (dollar_amount) — Debt Instrument
- A48.75 Notes Due 2029 (dollar_amount) — Debt Instrument
- A57.50 Notes Due 2030 (dollar_amount) — Debt Instrument
- A18.00 Notes Due 2031 (dollar_amount) — Debt Instrument
- A56.25 Notes Due 2034 (dollar_amount) — Debt Instrument
- A52.50 Notes Due 2035 (dollar_amount) — Debt Instrument
- A48.75 Notes Due 2039 (dollar_amount) — Debt Instrument
FAQ
What is the purpose of listing these specific notes in the 8-K filing?
The filing lists various debt instruments, such as 'A2.550 Notes Due 2026' and 'A5.250 Notes Due 2035', as part of routine reporting, likely to update the public record of the company's outstanding debt.
Are there any new debt issuances or significant changes to Walmart's debt structure announced in this filing?
This 8-K filing does not appear to announce any new debt issuances or significant changes; it primarily lists existing debt instruments.
What is the earliest maturity date for the notes listed?
The earliest maturity date for the notes listed is 2026, with instruments like 'A2.550 Notes Due 2026' and 'A10.50 Notes Due 2026' maturing in that year.
What is the latest maturity date for the notes listed in this filing?
The latest maturity date for the notes listed in this filing is 2039, specifically the 'A48.75 Notes Due 2039'.
Does this filing indicate any financial distress or unusual activity for Walmart Inc.?
No, this filing is routine and lists various debt instruments, which is standard for a company of Walmart's size and does not indicate financial distress.
Filing Stats: 786 words · 3 min read · ~3 pages · Grade level 9.9 · Accepted 2024-03-28 17:08:43
Key Financial Figures
- $0.10 — ich registered Common Stock, par value $0.10 per share WMT New York Stock Exchange
- $166,667 — rms of the Plan, Mr. Bartlett will sell $166,667 worth of the Company's common stock on
- $4,000,000 — tock that may be sold under the Plan is $4,000,000. Mr. Bartlett continues to be subject
Filing Documents
- wmt-20240328.htm (8-K) — 36KB
- 0000104169-24-000064.txt ( ) — 247KB
- wmt-20240328.xsd (EX-101.SCH) — 5KB
- wmt-20240328_def.xml (EX-101.DEF) — 19KB
- wmt-20240328_lab.xml (EX-101.LAB) — 36KB
- wmt-20240328_pre.xml (EX-101.PRE) — 20KB
- wmt-20240328_htm.xml (XML) — 10KB
01. Other Events
Item 8.01. Other Events. On March 28, 2024, Walmart Inc. (the "Company") was informed that Daniel J. Bartlett, Executive Vice President, Corporate Affairs, entered into a stock trading plan designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the "Plan"). Rule 10b5-1 permits officers and directors of public companies, who routinely become aware of material nonpublic information and therefore are unable to sell company securities until the information has been made public, to plan in advance for their liquidity or other needs by adopting, at a time when they are not in possession of material non-public information, a written plan providing for securities transactions to occur over specified future periods of time under specified conditions. Once an individual has entered into a Rule 10b5-1 trading plan, the individual has no discretion or control over whether or when transactions in Company securities will occur pursuant to the Plan. Under the terms of the Plan, Mr. Bartlett will sell $166,667 worth of the Company's common stock on a specified date each month beginning in June 2024 through May 2026, subject to a minimum stock price threshold. In the event that a sale does not occur on a specified day during one or more of the months during the duration of the Plan due to the minimum stock price threshold having not been met, the dollar amount shall be carried over to the next specified sale date under the Plan on which the minimum stock price threshold is met. The maximum aggregate dollar amount of common stock that may be sold under the Plan is $4,000,000. Mr. Bartlett continues to be subject to the Company's stock ownership guidelines, under which he is required to hold Company stock equal in value to at least five times his base salary. Upon the conclusion of each sale transaction under the Plan, Mr. Bartlett will continue to satisfy the requirements of the Company's stock ownership guidelines. Any transactions under t