Form 4: Costco Executive Vice President Patrick J. Callans Reports Stock Sale and Gift
SEC Form 4 Filing
Executive Vice President Patrick J. Callans of Costco Wholesale Corp reported the sale of 2,500 shares and a gift of 750 shares of common stock on September 30, 2024.
Summary
- On September 30, 2024, Patrick J. Callans, an Executive Vice President at Costco Wholesale Corp, reported a transaction involving the company's common stock.
- Callans sold 2,500 shares at a price of $893.94 per share.
- Additionally, Callans gifted 750 shares.
- Following these transactions, Callans directly owns 65,663.537 shares of Costco common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- Shareholders may interpret the stock sale and gift as part of the executive's personal financial planning.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of stock sale and gift transaction |
| 10/02/2024 | Date of signature on the report |
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