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Costco’s CEO Ron Vachris started in 1982 as a part-time forklift driver at Price Club, the warehouse chain Costco later merged with. He spent 40+ years working his way up to the top job.

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FFAI · All filings · Read this filing

What changed 10-Q

Item 1. Legal Proceedings

2026-08-13 compared with 2026-05-14 · 0 added, 1 removed, 4 unchanged (20% of the section changed)

3 unchanged sentences

See the section titled “ Legal Proceedings ” in Note 12, Commitments and Contingencies included in the notes to the Company’s Unaudited Condensed Consolidated Financial Statements contained within this Form 10-Q for further discussion of its material legal proceedings.

−Removed: There have been no material changes to the risk factors previously disclosed in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on March 31, 2026.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.