Costco Wholesale Corp: approves fiscal 2027 executive bonus plan

What happened

• On Oct 13, 2026, the Compensation Committee of the board approved the fiscal 2027 criteria for bonuses to executive officers, and the Nominating and Governance Committee approved the environmental and social performance criteria.

Key details

• Executive officers other than the Chief Executive Officer are eligible for base bonuses of $400,000, which include $160,000 tied to sales targets and $160,000 tied to pre-tax income targets; each goal may pay from zero up to 120% of the target.
• Those executives can earn up to $80,000 for environmental and social objectives based on quantitative performance metrics (including human capital and environmental areas).
• The Chief Executive Officer is eligible for a base bonus of $1,200,000, which includes $500,000 tied to sales targets and $500,000 tied to pre-tax income targets; each goal may pay from zero up to 120% of the target. In addition, the CEO can earn $200,000 for environmental and social metrics.

Why it may matter

• Item 5.02 was reported; the filing describes approval of the fiscal 2027 executive bonus plan, including target bonus amounts, the performance measures (sales, pre-tax income, and environmental and social metrics) and the payout ranges.
• This filing does not show why the insider traded or why the company acted.