Costco Wholesale Corp. insider Jeffrey S. Raikes reported an ownership change involving Costco common stock dated July 10, 2026. The reported transaction was a gift of shares to a non-profit foundation, according to the explanatory note included with the filing. The filing identifies the security involved as Costco common stock and describes the action as “Gift to a non-profit foundation.” A charitable gift of stock is typically a non-market transfer rather than an open-market sale, meaning it does not necessarily signal a cash sale by the insider or a purchase by another investor. The document does not provide a transaction price, and charitable gifts are generally reported without a sale price because no cash consideration is received. The text provided does not disclose the number of shares gifted, the transaction code, or Jeffrey Raikes’s beneficial ownership after the transfer. It also does not report any option exercise, restricted stock vesting, equity grant, or other derivative-security transaction tied to the event. The report was signed on July 14, 2026, by Alejandro Torres as attorney-in-fact for the reporting person. The key corporate-governance takeaway is that Raikes reported a change in beneficial ownership stemming from a philanthropic transfer of Costco stock, rather than a conventional insider sale or purchase.