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Small insider sale planned at PriceSmart (PSMT) under Form 144 notice

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

PriceSmart (PSMT) insider plans to sell a small block of shares. A holder has filed to sell 338 shares of common stock through Morgan Stanley Smith Barney LLC on NASDAQ, with an aggregate market value of $52,386.62.

The shares were acquired as restricted stock units from the issuer on 10/26/2024, with the same date listed as the payment date. Shares outstanding for the issuer’s common stock are reported as 30,815,417, providing context for the size of this planned sale.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filing for PriceSmart (PSMT) disclose?

The Form 144 discloses an insider’s plan to sell 338 shares of PriceSmart common stock. The proposed sale, valued at about $52,386.62, will be executed through Morgan Stanley Smith Barney LLC on the NASDAQ exchange, subject to applicable Rule 144 conditions.

How many PriceSmart (PSMT) shares are intended to be sold under this Form 144?

The filing indicates an intention to sell 338 shares of PriceSmart common stock. These shares are to be sold through Morgan Stanley Smith Barney LLC on NASDAQ, reflecting a relatively small transaction compared with the company’s total shares outstanding.

What is the approximate market value of the PriceSmart (PSMT) shares to be sold?

The planned sale of 338 PriceSmart common shares has an aggregate market value of $52,386.62. This value is based on the market price at the time of the filing and helps quantify the scale of the proposed insider transaction.

When were the PriceSmart (PSMT) shares in this Form 144 acquired?

The shares were acquired on 10/26/2024 as restricted stock units from the issuer. That same date is listed as the payment date, indicating the award and settlement of these units occurred together under the company’s equity compensation arrangements.

How large is the planned PriceSmart (PSMT) sale compared with shares outstanding?

The filing reports total common shares outstanding of 30,815,417. The planned sale of 338 shares is very small relative to this baseline, providing context that the transaction represents only a tiny fraction of the company’s equity.

On which exchange will the PriceSmart (PSMT) Form 144 sale occur and through which broker?

The filing states that the 338 PriceSmart common shares are to be sold on the NASDAQ exchange. The broker handling the transaction is Morgan Stanley Smith Barney LLC Executive Financial Services, based at 1 New York Plaza in New York.
Pricesmart Inc

NASDAQ:PSMT

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19.03M
Discount Stores
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United States
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