Costco (COST) Director Jeffrey S. Raikes Gifts 5,249 Shares

What Happened

Jeffrey S. Raikes, a director of Costco Wholesale Corp (COST), disposed of 5,249 shares on 2026-07-10 as a gift (transaction code G). The reported price per share is $0.00 for a total reported value of $0, consistent with a charitable gift rather than a market sale.

Key Details

• Transaction date: 2026-07-10 (reported on Form 4 filed 2026-07-14).
• Transaction type/code: Gift (G).
• Shares gifted: 5,249. Price reported: $0.00; total reported value: $0.
• Footnote: F1 — gift to a non‑profit foundation.
• Shares owned after transaction: Not specified in this filing.
• Filing timeliness: Report filed four days after the transaction; Form 4s are normally due within two business days, so this filing appears later than typical.

Context

Gifts are a disposition and do not necessarily reflect the insider’s view of the company’s prospects; they are often for charitable or estate-planning reasons. This filing documents the transfer to a non‑profit foundation and should be interpreted differently than an open-market sale or purchase.