STOCK TITAN

PriceSmart CEO receives 11,457 performance shares

The award's 11,457 shares are to vest on October 26, 2030, subject to continued service or acceleration under the award agreement.

(Neutral)

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Form Type
4

Rhea-AI Filing Summary

PriceSmart Inc. CEO David R. Price received a performance stock unit award representing 11,457 shares after target criteria were determined to have been met on October 16, 2026. The units remain subject to time-based vesting; 11,457 shares are to vest on October 26, 2030, subject to continued service or acceleration under the award agreement. After the award, Price held 138,294 shares directly. The filing also lists 51,305 shares held by the David Price Trust.

Insider Price David R
Role CEO
Type Security Shares Price Value
Grant/Award Common Stock, $0.0001 par value per share F1 11,457 $0.00 $0.00
holding Common Stock, $0.0001 par value per share -- -- --
Holdings After Transaction: Common Stock, $0.0001 par value per share — 138,294 shares (Direct); Common Stock, $0.0001 par value per share — 51,305 shares (Indirect, By the David Price Trust)
Footnotes (1)
  1. F1. Represents performance stock units for which target criteria was determined to have been met on October 16, 2026. The PSUs remain subject to time-based vesting. 11,457 shares vest on October 26, 2030 subject to continued service or acceleration of vesting as provided in award agreement.
Performance stock unit award 11,457 shares Target criteria determined to have been met on October 16, 2026
Shares scheduled to vest 11,457 shares October 26, 2030, subject to continued service or acceleration under the award agreement
Direct holdings 138,294 shares Following the October 16, 2026 transaction
David Price Trust holdings 51,305 shares Indirect holding listed on October 16, 2026
performance stock units financial
"Represents performance stock units for which target criteria was determined to have been met"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
time-based vesting financial
"The PSUs remain subject to time-based vesting"
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
acceleration of vesting financial
"or acceleration of vesting as provided in award agreement"

FAQ

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How many PSMT shares were awarded to CEO David R. Price?

David R. Price received a performance stock unit award representing 11,457 shares on October 16, 2026, after the target criteria were determined to have been met. The units remain subject to time-based vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Price David R

(Last)(First)(Middle)
9797 AERO DRIVE SUITE 100

(Street)
SAN DIEGO CALIFORNIA 92123

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PRICESMART INC [ PSMT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, $0.0001 par value per share10/16/2026A11,457(1)A$0138,294D
Common Stock, $0.0001 par value per share51,305IBy the David Price Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents performance stock units for which target criteria was determined to have been met on October 16, 2026. The PSUs remain subject to time-based vesting. 11,457 shares vest on October 26, 2030 subject to continued service or acceleration of vesting as provided in award agreement.
Remarks:
/s/ Gualberto Hernandez10/19/2026
** 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 4 (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 4: SEC 1474 (03-26)

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