Insider plans Rule 144 share sale in PriceSmart (NASDAQ: PSMT)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
This notice outlines a planned Rule 144 sale of 7,421 shares of common stock with an aggregate market value of 1,015,776.09. The shares are to be sold through Morgan Stanley Smith Barney LLC on the NASDAQ, with an approximate sale date of 01/12/2026. The issuer had 30,815,417 shares outstanding at the time noted.
The shares to be sold were acquired as restricted stock from the issuer on 10/26/2025, in the same amount of 7,421 shares. Over the past three months, John Hildebrandt sold an additional 10,000 common shares for gross proceeds of 1,151,040.00. By signing this notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer’s operations.
Positive
- None.
Negative
- None.
FAQ
What does the Form 144 filing for PSMT disclose?
It discloses a planned Rule 144 sale of 7,421 shares of common stock with an aggregate market value of 1,015,776.09, to be executed through a broker on the NASDAQ.
What were recent gross proceeds from PSMT insider sales?
During the past three months, 10,000 common shares were sold for gross proceeds of 1,151,040.00 by the person named in the notice.
Which broker will handle the PSMT Rule 144 sale?
The planned sale of 7,421 common shares will be handled by Morgan Stanley Smith Barney LLC Executive Financial Services and executed on the NASDAQ.
What representation does the seller make in the PSMT Form 144?
By signing, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.