Costco Wholesale Corp: CEO Vachris Roland Michael received 13,973 shares

What happened

• Vachris Roland Michael, president and CEO and director, received 13,973 restricted stock units that vested on Oct 22, 2026 (transaction code A). The company withheld 1,403.592 shares, 1,120.544 shares and 1,131.478 shares to satisfy tax withholding (transaction code F) at $1,018.21 per share, for amounts of $1,429,151; $1,140,949; and $1,152,082 respectively (total withheld $3,722,182). The net shares remaining from this vesting were 10,317.386 shares (13,973 minus 3,655.614).

Key details

• Transaction date: Oct 22, 2026. Withholding price: $1,018.21 per share (closing price on Nasdaq on Oct 22, 2026).
• Shares withheld for taxes: 1,403.592; 1,120.544; 1,131.478 (total 3,655.614). Gross RSUs vested: 13,973. Net shares delivered from the vesting: 10,317.386.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes:
  • F1: Grant originally made on Oct 22, 2025, subject to performance conditions for fiscal 2026 that the compensation committee deemed satisfied; earned awards vest 20% on the first anniversary and 20% each year for the next four years based on continued employment.
  • F2: Not applicable; grant was of restricted stock units.
  • F3: The withholding transactions were made to satisfy tax liabilities in connection with the vesting; the listed price is the Nasdaq closing price on Oct 22, 2026.
• Filing date: Oct 26, 2026; the filing does not indicate timeliness status.

Why it may matter

• The filing shows restricted stock units vested and shares were withheld by the company to cover tax obligations (share withholding rather than a cash tax payment).
• This filing does not show why the insider traded or why the company acted.