DENMAN KENNETH D 4
Research Summary
AI-generated summary
Costco (COST) Director Kenneth D. Denman Sells 885 Shares
What Happened
- Kenneth D. Denman, a director of Costco Wholesale Corp (COST), sold 885 shares in an open-market transaction on June 23, 2026. The weighted average sale price was $957.45 per share, for total proceeds of approximately $847,345. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-06-23; Form 4 filed: 2026-06-25 (appears timely).
- Price: weighted average $957.45; sale prices ranged from $957.44 to $957.63 per share (footnote: reporting person can provide the number of shares sold at each price on request).
- Shares disposed: 885 shares; shares owned after the transaction are not stated in the provided summary.
- Transaction type: S (sale) — open-market or private sale (reported as open market).
- No 10b5-1 plan, option exercise, tax withholding, or gift noted in the provided filing.
Context
- Sales by directors are common and do not, by themselves, indicate company performance or insider sentiment. Purchases tend to be more informative as bullish signals; this filing documents a routine director sale of ~ $0.85M in stock.