Form 4: Costco Executive Russell D. Miller Reports Gift of Shares to Family Trust
SEC Form 4 Filing
Senior Executive Vice President Russell D. Miller reports gifting shares of Costco Wholesale Corp stock to the Miller Family Trust.
Summary
- On September 24, 2024, Russell D. Miller, a Senior Executive Vice President at Costco Wholesale Corp, reported a transaction involving the company's common stock.
- Miller gifted 4,602 shares of common stock to the Miller Family Trust.
- Following the transaction, Miller directly owns 1.01 shares and the Miller Family Trust indirectly owns 14,602 shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction represents a gift of shares and not a market sale.
Related Party Transactions
- The gift of shares to the Miller Family Trust constitutes a related party transaction.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders, as it is a gift and not a market sale.
Key Dates
| Date | Description |
|---|---|
| 09/24/2024 | Date of transaction: Gift of Costco Common Stock |
| 09/26/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.