[Form 3] COSTCO WHOLESALE CORP /NEW Initial Statement of Beneficial Ownership
Initial Form 3 filing for William R. Wilcox reports beneficial ownership of 4,400.9692 shares of Costco Wholesale Corp (COST) held indirectly through a 401(k) plan. The filing reflects an event dated
- Insider ownership of 4,400.9692 shares aligns executive economic interests with shareholders
- Proper disclosure filed as a Form 3, indicating compliance with reporting obligations
- Small position relative to a large-cap company, unlikely to materially influence governance
- Indirect holding via 401(k) limits immediate voting control or direct signaling through open-market transactions
Insights
Small insider stake held via retirement plan indicates alignment but limited voting impact.
The filing shows 4,400.9692 shares owned indirectly through a 401(k), which ties the reporting person’s economic interest to the company without granting direct control over voting in the short term. This is a common structure for executives who participate in employer-sponsored retirement plans.
Key dependencies include any future open-market purchases or restricted stock grants that would increase direct ownership; absent such moves, the current holding is unlikely to materially affect governance or signal major strategic shifts near term. Monitor any subsequent Section 16 filings for purchases, sales, or derivative awards within the next 3–12 months.