Costco (COST) director gifts 5,115 shares to non-profit foundation

Rhea-AI Filing Summary

Costco Wholesale Corp. director Jeffrey S. Raikes reported a charitable stock gift. On 01/27/2026, he transferred 5,115 shares of Costco common stock using transaction code "G," which indicates a gift made at a reported price of $0 per share.

After this donation to a non-profit foundation, Raikes directly beneficially owned 11,292.936 Costco common shares. The filing reflects a reduction in his direct holdings due to a philanthropic transfer rather than an open-market sale.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RAIKES JEFFREY S

(Last) (First) (Middle)

2157 N NORTHLAKE WAY, SUITE 220

(Street)

SEATTLE WA 98103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COSTCO WHOLESALE CORP /NEW [ COST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/27/2026		G(1)		5,115	D	$0	11,292.936	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Gift to a non-profit foundation.

	/s/ John Sullivan, Attorney-in-Fact	01/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Costco (COST) director Jeffrey S. Raikes report in this Form 4?

Jeffrey S. Raikes reported a charitable gift of Costco common stock. On 01/27/2026, he transferred 5,115 shares as a gift, reducing his directly held position while supporting a non-profit foundation, according to the explanation included in the filing.

How many Costco shares did Jeffrey S. Raikes gift in this transaction?

He gifted 5,115 shares of Costco common stock. The transaction used code "G," which denotes a gift, and was reported at a price of $0 per share, reflecting a non-sale, philanthropic transfer rather than a market transaction or compensation-related event.

What does transaction code "G" mean in Jeffrey S. Raikes’s Costco Form 4?

Transaction code "G" indicates a bona fide gift of securities. In this case, it shows Raikes transferred 5,115 Costco common shares as a charitable donation to a non-profit foundation, rather than selling the stock for cash consideration in the open market.

How many Costco shares does Jeffrey S. Raikes own after the reported gift?

Following the 5,115-share gift, Raikes directly beneficially owned 11,292.936 Costco common shares. This figure reflects his remaining direct holdings after the charitable transfer disclosed, helping investors understand his updated ownership stake as a company director.

Was this Costco Form 4 transaction a sale of shares by Jeffrey S. Raikes?

No, the transaction was reported as a gift, not a sale. Code "G" and the stated price of $0 per share show the 5,115 Costco shares were donated to a non-profit foundation rather than sold in the market for proceeds.

Who received the Costco shares gifted by Jeffrey S. Raikes?

The filing states the 5,115 Costco shares were a "Gift to a non-profit foundation." While the specific foundation is not named, the explanation of responses clarifies that the transaction directed the shares to a charitable organization, not to Raikes personally.