Summary by Futu AI
On January 12, 2024, Costco Wholesale Corp's Executive VP, John Christopher Sullivan, was granted 245.16 shares of common stock, as per the latest SEC filings. The transaction, which was completed on the same day, was a grant and not a purchase, indicating the shares were awarded at no cost. Following this transaction, Sullivan's direct holdings in Costco increased to a total of 40,618.091 shares. The grant is part of the company's compensation structure for its executives and is a common practice in aligning the interests of management with those of shareholders.