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Costco | 4: Statement of changes in beneficial ownership of securities-Officer MILLERCHIP GARY

SEC announcement ·  Mar 14 04:40
Summary by Futu AI
Gary Millerchip, Executive Vice President of Costco Wholesale Corp (COST), was granted 9,803 shares of common stock on March 11, 2024. The transaction, which was completed on the same day, was a grant of shares with no transaction price, indicating that the shares were likely awarded as part of executive compensation. Following the transaction, Millerchip directly holds a total of 9,803 shares in the company. The grant is part of the company's ongoing incentive plans for its executives and is a standard practice in the industry to align the interests of the management with those of the shareholders.
Gary Millerchip, Executive Vice President of Costco Wholesale Corp (COST), was granted 9,803 shares of common stock on March 11, 2024. The transaction, which was completed on the same day, was a grant of shares with no transaction price, indicating that the shares were likely awarded as part of executive compensation. Following the transaction, Millerchip directly holds a total of 9,803 shares in the company. The grant is part of the company's ongoing incentive plans for its executives and is a standard practice in the industry to align the interests of the management with those of the shareholders.
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