PSMT Rule 144 Notice: Insider Plans Sale of 4,877 Shares Valued $546,126
Rhea-AI Filing Summary
Pricesmart Inc (PSMT) Form 144 notice reports a proposed sale of 4,877 common shares, with an aggregate market value of $546,126.46, to be sold on 09/09/2025 on NASDAQ through Morgan Stanley Smith Barney LLC. The shares were acquired on 08/29/2023 as restricted stock awards and performance stock units from the issuer. The filer states no sales in the prior three months and affirms no known material nonpublic information.
Positive
- Disclosure filed under Rule 144 providing transparency about an insider sale of 4,877 shares valued at $546,126.46
- Securities originated from restricted stock awards and PSUs, showing the sale is of previously granted compensation shares
Negative
- None.
Insights
TL;DR Routine insider sale notice: small quantity relative to outstanding shares, disclosed under Rule 144.
The filing describes a planned sale of 4,877 shares valued at $546,126.46 to occur on 09/09/2025 via Morgan Stanley Smith Barney. Shares were granted as restricted stock awards and performance stock units on 08/29/2023. No sales in the prior three months are reported. For investors this is a procedural disclosure under Rule 144 rather than an operating update; the size of the sale is immaterial relative to 30,753,891 shares outstanding.
TL;DR Compliance-focused filing showing insider liquidity event using standard broker and certification language.
The notice documents the seller's representation that no material nonpublic information is known and indicates the trade will be executed through Morgan Stanley Smith Barney. The securities originated from issuer-granted awards and PSUs, which is a common source for insider sales. The disclosure satisfies Rule 144 procedural requirements; it does not provide governance changes or material corporate events.