Costco (COST) director gifts 5,115 shares to non-profit foundation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Costco Wholesale Corp. director Jeffrey S. Raikes reported a charitable stock gift. On 01/27/2026, he transferred 5,115 shares of Costco common stock using transaction code "G," which indicates a gift made at a reported price of $0 per share.
After this donation to a non-profit foundation, Raikes directly beneficially owned 11,292.936 Costco common shares. The filing reflects a reduction in his direct holdings due to a philanthropic transfer rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,115 shares gifted
Mixed
1 txn
Insider
RAIKES JEFFREY S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,115 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,292.936 shares (Direct)
Footnotes (1)
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FAQ
What did Costco (COST) director Jeffrey S. Raikes report in this Form 4?
Jeffrey S. Raikes reported a charitable gift of Costco common stock. On 01/27/2026, he transferred 5,115 shares as a gift, reducing his directly held position while supporting a non-profit foundation, according to the explanation included in the filing.
What does transaction code "G" mean in Jeffrey S. Raikes’s Costco Form 4?
Transaction code "G" indicates a bona fide gift of securities. In this case, it shows Raikes transferred 5,115 Costco common shares as a charitable donation to a non-profit foundation, rather than selling the stock for cash consideration in the open market.