Summary by Futu AI
Daniel M. Hines, Principal Accounting Officer at Costco Wholesale Corp (COST), completed a series of transactions involving the company's common stock on October 22, 2024. Hines acquired 2,149 shares at no cost, which is typically indicative of a grant or award. Concurrently, he disposed of a total of 954.428 shares through transactions priced at $893.49 each, primarily to cover exercise prices or tax liabilities associated with the securities. These disposals amounted to a total market value of $852,771.87. Following these transactions, Hines directly owns 12,186.087 shares of Costco's common stock. Additionally, there are 800 shares held indirectly by his spouse.