STOCK TITAN

PriceSmart (PSMT) EVP sells 338 shares, retains 75,659 direct

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

PriceSmart Inc. executive Francisco Velasco, EVP and Chief Legal & Compliance/ Risk Officer, reported an open-market sale of 338 shares of common stock at $158.56 per share. After this transaction, he directly holds 75,659 shares and has an additional 389 shares reported as indirectly owned through his spouse.

Positive

  • None.

Negative

  • None.
Insider Velasco Francisco
Role EVP - CLO, CRCO
Sold 338 shs ($54K)
Type Security Shares Price Value
Sale Common Stock, $0.0001 par value per share 338 $158.56 $54K
holding Common Stock, $0.0001 par value per share -- -- --
Holdings After Transaction: Common Stock, $0.0001 par value per share — 75,659 shares (Direct, null); Common Stock, $0.0001 par value per share — 389 shares (Indirect, By Spouse)
Footnotes (1)
Shares sold 338 shares Open-market sale of common stock
Sale price $158.56 per share Price for 338-share sale
Direct holdings after transaction 75,659 shares Common stock directly owned after sale
Indirect holdings via spouse 389 shares Common stock held as indirect ownership
Net shares sold 338 shares Net buy/sell direction reported as net-sell
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
""ownership_type": "indirect""
Common Stock, $0.0001 par value per share financial
""security_title": "Common Stock, $0.0001 par value per share""
transaction code S financial
""transaction_code": "S""
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*
Velasco Francisco

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP - CLO, CRCO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
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 share05/15/2026S338D$158.5675,659D
Common Stock, $0.0001 par value per share389IBy Spouse
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:
Remarks:
/s/ Francisco Velasco05/18/2026
** 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)

FAQ

What insider transaction did PriceSmart (PSMT) report for Francisco Velasco?

PriceSmart reported that executive Francisco Velasco sold 338 shares of common stock in an open-market transaction at $158.56 per share. The filing also updated his direct and indirect shareholdings following this sale.

How many PriceSmart (PSMT) shares did Francisco Velasco sell and at what price?

Francisco Velasco sold 338 shares of PriceSmart common stock at $158.56 per share. This was reported as an open-market or private transaction under transaction code S in the Form 4 filing.

How many PriceSmart (PSMT) shares does Francisco Velasco hold after the reported sale?

Following the sale, Francisco Velasco directly holds 75,659 shares of PriceSmart common stock. The Form 4 also shows an additional 389 shares reported as indirectly owned through his spouse.

What type of transaction is code "S" in the PriceSmart (PSMT) Form 4 for Francisco Velasco?

Transaction code "S" in the Form 4 indicates a sale of common stock in an open-market or private transaction. In this case, it reflects Velasco’s sale of 338 PriceSmart shares at $158.56 per share.

Does Francisco Velasco have indirect ownership of PriceSmart (PSMT) shares?

Yes. The Form 4 reports 389 PriceSmart common shares as indirectly owned by Francisco Velasco through his spouse. This is classified as indirect ownership with the nature of ownership noted as "By Spouse."