Frates Caton, Executive Vice President at Costco Wholesale Corporation (COST), has demonstrated a consistent pattern of selling activity over the past two years, with no recorded purchases in SEC Form 4 filings. Since January 2024, Caton has executed 23 transactions exclusively involving COST shares, all of which were sales or dispositions, totaling approximately $12.7 million in aggregate value. The most recent cluster of transactions occurred on October 22, 2025, with eight separate sales ranging from $147,124 to $851,402, collectively amounting to over $4.3 million. This follows a September 29, 2025, sale of $1.4 million worth of shares, reinforcing a clear divestment trend.
Caton’s trading history shows concentrated selling events, often in multi-million-dollar increments. Notable disposals include a $1.5 million sale on September 30, 2024, and a $765,213 transaction on March 18, 2025. While some filings—such as those on September 10, 2025—reflect acquisitions (coded "F"), these were likely option exercises or awards with no associated purchase cost, as indicated by the $0 value entries. The absence of open-market buying and the repeated monetization of equity positions suggest a long-term reduction in Caton’s stake in COST, though the reasons remain undisclosed in regulatory filings. The transactions are spread across multiple dates but consistently align with a dispositional bias.
AI-assisted summary