Form 4: Costco Executive Russell Miller Sells 4,400 Shares
SEC Form 4 Filing
Senior Executive Vice President Russell D. Miller of Costco Wholesale Corp sold 4,400 shares of common stock on October 11, 2024.
Summary
- On October 11, 2024, Russell D. Miller, a Senior Executive Vice President at Costco Wholesale Corp, sold 4,400 shares of common stock.
- The sale was executed at a weighted average price of $891.152 per share.
- Following the transaction, Miller directly owns 1.01 shares and indirectly owns 10,202 shares through the Miller Family Trust.
- The sale was reported on a Form 4 filing with the SEC on October 15, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider stock sale. The impact on the company is likely minimal unless part of a larger trend.
Industry Context
This is a routine disclosure of an insider transaction. Insider sales can sometimes be interpreted negatively by the market, but without further context, it's difficult to assess the impact.
Stakeholder Impact
- The sale of shares by a high-ranking executive could potentially cause a slight negative reaction from shareholders, although the impact is likely to be minimal.
Key Dates
| Date | Description |
|---|---|
| 10/11/2024 | Date of transaction: Russell Miller sold 4,400 shares of Costco stock. |
| 10/15/2024 | Date of SEC filing (Form 4). |
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