Walmart employees can purchase company stock in one of two ways: through payroll deductions or from a broker. Stock purchased through payroll deductions is known as associate stock. Current and former Walmart employees can sell their associate stock online or by phone at any time.
Full-time and part-time associates are eligible to purchase associate stock through payroll deductions. Walmart matches all purchases you make through the Associate Stock Purchase Plan, up to 15 percent of the first $1,800 you spend on stock each year. If you wish to check your portfolio or clear up any questions you may have before selling your stock, call the Walmart Participant Service Center at 1-888 968-4015. Customer service representatives are available Monday through Friday between 9 a.m. and 7 p.m. Eastern Standard Time.
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Call Computershare, Walmart's transfer agent, at 1-800-438-6278. A customer service representative will ask you to verify your identity, which may include providing your employee identification number along with your Social Security number and date of birth. Advise the representative that you want to sell your associate stock, how many shares you wish to sell, and how you want the proceeds distributed. Make sure Computershare has your current mailing address if you request funds to be sent by check. To have the funds direct deposited into your bank account, provide your bank's routing number and the checking or savings account number where you want the funds deposited.
