Form 4: Costco Director Gifts Shares to Charity

Costco Wholesale Corp. Director Kenneth D. Denman reported gifting 325 shares of common stock to a charitable donor advised fund.

Summary

• Kenneth D. Denman, a Director of Costco Wholesale Corp. (COST), reported a transaction involving the company's common stock.
• On December 19, 2025, Mr. Denman disposed of 325 shares of common stock.
• The transaction was a gift to a charitable donor advised fund, with a reported price of $0 per share.
• Following this transaction, Mr. Denman beneficially owns 5,663.936 shares of Costco common stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, which allows insiders to set up pre-planned trades.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (a gift of shares) which is neutral in terms of company performance or outlook.

Positives

• The transaction represents a charitable contribution by a company director.

Risks

• No specific risks to the company or its operations are disclosed in this Form 4 filing.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing details a routine insider transaction and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Minimal direct impact on share price or company operations.
• Charitable Organizations: Positive impact for the recipient charitable donor advised fund.

Key Dates

Keywords

Costco, COST, Form 4, Insider Transaction, Kenneth D. Denman, Director, Stock Gift, Charitable Donation, Equity Disclosure, 10b5-1 Plan