COST Form 4: Teresa A. Jones Disposes 600 Shares, Holdings Now 2,362.125
Rhea-AI Filing Summary
Teresa A. Jones, Executive Vice President and Director of Costco Wholesale Corp (COST), reported a sale of company shares on 08/20/2025. The Form 4 shows she disposed of 600 shares of Common Stock at a price of $992.05 per share, leaving her with 2,362.125 shares beneficially owned after the transaction. The filing notes that 1.183 shares were inadvertently omitted from prior reports and are included in the post-transaction total. The form was executed on behalf of the reporting person by an attorney-in-fact, Alejandro Torres, on 08/22/2025. The filing is a single-person Form 4 disclosure and contains only this non-derivative sale.
Positive
- Correction disclosed: The filing explicitly corrects an inadvertent omission of 1.183 shares, improving reporting accuracy.
- Proper execution: The Form 4 was signed by an attorney-in-fact (Alejandro Torres), meeting signature requirements.
Negative
- None.
Insights
TL;DR: Insider sold a small stake — 600 shares — reducing holdings to 2,362.125 shares; minor correction added 1.183 shares to prior reporting.
The transaction is a straightforward non-derivative sale reported under Section 16. The sale size (600 shares) is immaterial relative to the disclosed remaining holding and does not indicate issuance or derivative activity. The explicit correction of 1.183 shares improves reporting accuracy but is immaterial in scale. No additional context on the reason for sale or any rule 10b5-1 plan is provided, so conclusions about intent cannot be drawn from this filing alone.
TL;DR: Disclosure is routine; the correction improves transparency but contains no material governance concerns.
The Form 4 discloses an ordinary sale by an officer/director and a minor prior reporting omission. The filing is properly signed by an attorney-in-fact, satisfying signature requirements. There are no indications of related-party transactions, derivative exercises, or material changes in beneficial ownership thresholds. From a governance standpoint, the filing is a routine compliance disclosure that resolves a small reporting inaccuracy.