Form 4: Costco Director Gifts Shares to Non-Profit Foundation
Insider Transaction Report
Costco Wholesale Corp. Director Jeffrey S. Raikes gifted 5,115 shares of common stock to a non-profit foundation.
Summary
- Jeffrey S. Raikes, a Director of Costco Wholesale Corp. (COST), reported a change in beneficial ownership.
- On January 27, 2026, Mr. Raikes disposed of 5,115 shares of Costco Common Stock.
- The transaction was a gift (Transaction Code 'G') to a non-profit foundation, with a price of $0 per share.
- Following this transaction, Mr. Raikes beneficially owns 11,292.936 shares of Costco Common Stock directly.
Sentiment
Score: 5
Explanation: The filing is a factual report of an insider's gift of shares, which is a neutral event in terms of the company's operational or financial performance. It does not indicate positive or negative sentiment towards the company's prospects.
Future Outlook
This filing is a report of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance.
Industry Context
This filing reports a routine insider transaction and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: The direct ownership of a director has slightly decreased due to a philanthropic gift, which is generally not considered a material event for the company's stock performance.
- Community: The gift to a non-profit foundation represents a philanthropic contribution, potentially benefiting the recipient organization and reflecting positively on the director's and indirectly the company's social responsibility.
Key Dates
| Date | Description |
|---|---|
| 01/27/2026 | Date of transaction where 5,115 shares of Common Stock were gifted. |
| 01/28/2026 | Date the Form 4 was signed by the attorney-in-fact for Jeffrey S. Raikes. |
Keywords
Costco, COST, Insider Transaction, Form 4, Beneficial Ownership, Director, Share Gift, Jeffrey S. Raikes
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