PriceSmart (PSMT) EVP sells 338 shares, retains 75,659 direct
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 338 shares ($53,593)
Net Sell
2 txns
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)
Key Figures
Shares sold: 338 shares
Sale price: $158.56 per share
Direct holdings after transaction: 75,659 shares
+2 more
5 metrics
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
Key Terms
open-market sale, indirect ownership, Common Stock, $0.0001 par value per share, transaction code S
4 terms
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""
transaction code S financial
""transaction_code": "S""
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.
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.