secwatch.observer — SEC 8-K summary
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Issuer:     COSTCO WHOLESALE CORP /NEW (COST)
CIK:        0000909832
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001193125-22-281298
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Costco sets fiscal 2023 executive bonus criteria; CEO eligible for up to $700K
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- CEO bonus up to $700K: $250K sales, $250K pre-tax income (0-120% of target), $100K ESG metrics.
- President bonus up to $464K: $160K sales, $160K pre-tax income (0-120% of target), $80K ESG metrics.
- Other execs bonus up to $232K: $80K sales, $80K pre-tax income (0-120% of target), $40K ESG metrics.
- ESG portion includes quantitative DEI, resource consumption, emissions goals and CEO discretionary assessment.
- Final bonus amounts subject to Compensation Committee approval; employment required through November payout.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909832/000119312522281298/0001193125-22-281298-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909832/000119312522281298/d352180d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-281298

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer