Jones Teresa A. 4

What Happened
Teresa A. Jones, Executive Vice President of Costco Wholesale Corp (COST), reported a gift of 300 shares on January 27, 2026. The Form 4 shows the disposition code G (gift) for 300 shares at $0.00, so no cash proceeds were received by the insider.

Key Details

• Transaction date: 2026-01-27
• Transaction type/code: Gift (G) — 300 shares disposed; price listed $0.00; total reported proceeds $0
• Filing date: 2026-01-28 (filed the next day; appears timely)
• Shares owned after the transaction: not specified in the provided filing
• Footnote F1: Gift to a charitable donor-advised fund

Context
Gifts to donor-advised funds are common for charitable giving and do not necessarily reflect the insider’s view of the company’s stock. A gift is a disposition, not a sale, and the Form 4 reports $0 proceeds for this transfer. Donor-advised funds can later recommend grants to charities, so the shares may not be immediately liquidated by the fund.