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PRICESMART (PSMT) EVP Shari G. White reports 1,970 shares and restricted stock vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

PRICESMART INC EVP-Chief Merch. Officer Shari G. White has filed an initial ownership report showing direct holdings of 1,970 shares of common stock. A portion of this position is restricted stock that vests over time: 925 shares on January 24, 2027, 523 shares on January 24, 2028, and 522 shares on January 24, 2029.

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Insider White Shari G.
Role EVP-Chief Merch. Officer
Type Security Shares Price Value
holding Common Stock, $0.0001 par value per share -- -- --
Holdings After Transaction: Common Stock, $0.0001 par value per share — 1,970 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Direct common shares owned 1,970 shares Total common stock following reported holdings
Restricted stock vesting 2027 925 shares Restricted stock vesting on January 24, 2027
Restricted stock vesting 2028 523 shares Restricted stock vesting on January 24, 2028
Restricted stock vesting 2029 522 shares Restricted stock vesting on January 24, 2029
Form 3 regulatory
"The Form 3 is an initial statement of beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
restricted stock financial
"Restricted stock subject to vesting: 925 shares vest January 24, 2027"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vesting financial
"restricted stock subject to vesting: 925 shares vest January 24, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
beneficial ownership financial
"The Form 3 is an initial statement of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
White Shari G.
(Last)(First)(Middle)
9797 AERO DR SUITE 100
(Street)
SAN DIEGO CALIFORNIA 92123
(City)(State)(Zip)
UNITED STATES
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
06/01/2026		3. Issuer Name and Ticker or Trading Symbol
PRICESMART INC [ PSMT ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP-Chief Merch. Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.0001 par value per share1,970D(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock subject to vesting: 925 shares vest January 24, 2027; 523 shares vest January 24, 2028; and 522 shares vest January 24, 2029.
Remarks:
/s/ Gualberto Hernandez06/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does the PRICESMART (PSMT) Form 3 filing by Shari G. White show?

The Form 3 shows EVP-Chief Merch. Officer Shari G. White directly owns 1,970 PRICESMART common shares. It is an initial ownership report, not a buy or sell disclosure, and includes details on restricted shares that vest over several future dates.

How many PRICESMART (PSMT) shares does Shari G. White report owning?

Shari G. White reports direct ownership of 1,970 PRICESMART common shares. This total includes both unrestricted and restricted stock, with some shares subject to time-based vesting conditions extending through early 2029 according to the footnote schedule.

What restricted stock vesting schedule is disclosed for PRICESMART (PSMT) in this Form 3?

The filing discloses restricted stock that vests in three tranches: 925 shares on January 24, 2027, 523 shares on January 24, 2028, and 522 shares on January 24, 2029. These shares are subject to vesting conditions until the respective dates.

Does the PRICESMART (PSMT) Form 3 indicate any recent insider buying or selling?

No, the Form 3 is an initial statement of beneficial ownership, not a trade report. It identifies that Shari G. White holds 1,970 common shares directly and outlines restricted stock awards, without showing any specific purchase or sale transactions.

What role does Shari G. White hold at PRICESMART (PSMT) in this ownership filing?

Shari G. White is listed as an officer of PRICESMART with the title EVP-Chief Merch. Officer. The Form 3 links this executive role to direct beneficial ownership of 1,970 common shares and details about restricted stock that will vest over future years.