Form 8-K · Current report

Costco 8-K, filed Oct 16, 2026

Filed
CIK
0000909832
Accession no.
0000909832-26-000100
AI-generated summary

Summary

Costco's board compensation committee approved fiscal 2027 bonus criteria for executive officers on October 13, 2026, setting a base bonus of $400,000 for officers other than the CEO and $1.2 million for the CEO. Payments tied to sales and pre-tax income targets, plus environmental and social objectives, may range from zero to 120% of the target amounts.

Key points

  • Executive officers other than the CEO are eligible for a base fiscal 2027 bonus of $400,000, comprising $160,000 tied to sales targets, $160,000 tied to pre-tax income targets, and up to $80,000 tied to environmental and social objectives.
  • The CEO is eligible for a base fiscal 2027 bonus of $1.2 million, comprising $500,000 tied to sales targets, $500,000 tied to pre-tax income targets, and up to $200,000 tied to environmental and social metrics.
  • Each goal may pay from zero to up to 120% of its target amount depending on achievement.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
  • 9.01Financial Statements and Exhibits

From the filing

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 13, 2026, the Compensation Committee of the Board of Directors approved the fiscal 2027 criteria for bonuses to executive officers, with the Nominating and Governance Committee of the Board also approving the environmental and social performance criteria. Executive officers other than the Chief Executive Officer are eligible to receive base bonuses of $400,000. The base amounts include $160,000 based on targets relating to sales and $160,000 based on targets relating to pre-tax income. …

An excerpt of the text as filed with the SEC, cut for length.

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