Costco (COST) director Raikes donates 5,249 common shares to non-profit
Rhea-AI Filing Summary
COSTCO WHOLESALE CORP /NEW director Jeffrey S. Raikes transferred 5,249 Common Stock shares as a bona fide gift to a non-profit foundation on 2026-07-10 at a stated price of $0.0000 per share. Following this charitable transfer, he holds 6,043.936 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,249 shares
Net Sell
1 txn
Insider
RAIKES JEFFREY S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,249 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,043.936 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 5249.0000 shares
Transaction price per share: $0.0000
Shares held after transaction: 6043.9360 shares
+1 more
4 metrics
Shares gifted
5249.0000 shares
Common Stock transferred as bona fide gift on 2026-07-10
Transaction price per share
$0.0000
Stated transaction price for the gifted Common Stock shares
Shares held after transaction
6043.9360 shares
Direct holdings of Jeffrey S. Raikes following the gift transfer
Gifted share count summary
5249 shares
GiftShares reported in transaction summary for bona fide gift
Key Terms
bona fide gift, non-derivative, Common Stock
3 terms
bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
non-derivative financial
"transaction_type: non-derivative Common Stock"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did COST director Jeffrey S. Raikes report?
Jeffrey S. Raikes reported a bona fide gift of 5,249 shares of Costco common stock on 2026-07-10. The shares were given to a non-profit foundation at a stated transaction price of $0.0000 per share, reflecting a charitable, non-sale transfer.
What are Jeffrey S. Raikes’ COST holdings after the reported gift?
After the gift, Jeffrey S. Raikes directly holds 6,043.936 shares of Costco common stock. This figure represents his direct ownership position immediately following the reported bona fide gift of 5,249 shares to a non-profit foundation on 2026-07-10.
Was the COST transaction by Jeffrey S. Raikes a sale or a charitable gift?
The transaction was a charitable gift, not a sale. It is coded as a bona fide gift with a transaction price of $0.0000 per share, reflecting a transfer of 5,249 Costco common shares to a non-profit foundation rather than a market-based disposition.
Does the reported COST transaction involve derivative securities?
The reported activity concerns non-derivative Common Stock only. The transaction record shows a bona fide gift of 5,249 common shares, and the accompanying data list this as a non-derivative transaction, with no derivative exercises or conversions reported in this event.