Summary by Futu AI
Gary Millerchip, the Executive Vice President of Costco Wholesale Corp /New (ticker symbol: COST), filed an Initial Statement of Beneficial Ownership of Securities with the SEC, as per Form 3 requirements. The document, dated 02/29/2024, indicates that Millerchip does not beneficially own any non-derivative securities in the company. The filing was made in accordance with Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940. The form, signed by attorney-in-fact Alejandro Torres on 03/01/2024, also includes an exhibit with the Power of Attorney. This filing is a routine disclosure for company insiders, providing transparency about the ownership stakes of high-level executives within publicly traded companies.