Insiders are Selling Shares of this Giant Retail Company

The following insiders of Wal-Mart (WMT) have recorded these transactions in February, 2011:

  • Michael T. Duke, who is President & CEO, exercised 86,672 options at $50.70 per share for total proceeds of $4,394,270.  He now holds 798,415 shares, or approximately 0.022% of the 3.56 billion shares outstanding.
  • Eduardo Castro Wright, who is the Vice Chairman, sold 9,200 shares at a market price of $54.53, for total proceeds of $501,670.  He now hold 302,296 shares, or approximately 0.008% of the 3.56 billion shares outstanding.
  • Mary Susan Chambers, who is an Executive Vice President, exercised 4,794 shares at a price of $48.97 and subsequently sold 8,395 shares at a market price of $54.27, for net proceeds of $221,077.  She now holds 159,248 shares, or approximately 0.004% of the 3.56 billion shares outstanding.
  • Rollin L. Ford, who is an Executive Vice President & CIO, exercised 13,598 shares at $47.8 and subsequently sold 13,598 shares at a market price of $54.44, for net proceeds of $90,339.  He now hold 89,548 shares, or approximately 0.003% of the 3.56 billion shares outstanding.
  • Thomas M. Schoewe, who is an Executive Vice President & CFO, exercised 108,072 options at a price of $46.64 and subsequently sold 108,072 shares at a market price of $54.03, for net proceeds of $798,866.  He now holds 328,413 shares, or approximately 0.009% of the 3.56 shares outstanding
  • Steven P. Whaley, who is a Senior Vice President, exercised 5,119 options at a price of $46.40 and subsequently sold 5,119 shares at a market price of $53.84, for net proceeds of $38,094.

Want to know more about important insider trades? Be sure to check out our Insider Cheat Sheets!