Form 4: Costco Executive Vice President Caton Frates Sells 1,700 Shares
SEC Form 4 Filing
Executive Vice President Caton Frates of Costco Wholesale Corp sold 1,700 shares of common stock on September 30, 2024.
Summary
- Caton Frates, an Executive Vice President at Costco Wholesale Corp, sold 1,700 shares of common stock on September 30, 2024.
- The sale was executed at a price of $883.35 per share.
- Following the transaction, Frates directly owns 9,682.295 shares of Costco common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the buying and selling activities of company executives and directors. This allows investors to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by an executive may be perceived differently by stakeholders.
- Some may see it as a lack of confidence in the company's future, while others may view it as a normal part of personal financial management.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of stock sale transaction |
| 10/02/2024 | Date of Form 4 filing |
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