PriceSmart (PSMT) EVP Sells 9,754 Shares at $110.62 — Holdings 47,082
Michael McCleary, identified as an officer (EVP-Finance) and director of PriceSmart Inc. (PSMT), reported the sale of 9,754 shares of the issuer's common stock on 09/09/2025.
Rhea-AI Filing Summary
Michael McCleary, identified as an officer (EVP-Finance) and director of PriceSmart Inc. (PSMT), reported the sale of 9,754 shares of the issuer's common stock on 09/09/2025. The weighted-average sale price was $110.619 per share, with individual trade prices ranging from $109.960 to $111.020. After the transaction, the reporting person beneficially owned 47,082 shares, reported as direct ownership. The Form 4 includes an explanatory note that the weighted-average price reflects multiple trades and that detailed per-trade quantities and prices are available upon request. The filing is signed on behalf of the reporting person.
Positive
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Negative
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Insights
TL;DR: Officer sold 9,754 shares at a weighted average of $110.619; remaining direct holdings reported as 47,082 shares.
The filing documents a routine Section 16 sale by an executive, specifying the exact quantity sold, the weighted-average price, and the resulting beneficial ownership. This disclosure clarifies transaction pricing across multiple trades ($109.960 to $111.020) and preserves compliance with insider-trading reporting requirements. No derivative transactions or acquisitions are reported. Without company-wide share counts or context on total insider holdings, the filing alone does not indicate a material change to control or firm capitalization.
TL;DR: Form 4 shows a disclosed sale by an EVP/director; documentation appears compliant and includes required explanatory detail.
The report meets Form 4 disclosure norms by listing the relationship to the issuer, transaction date, quantity sold, and post-transaction ownership. The explanatory remark about weighted-average pricing and availability of per-trade details is helpful for transparency. There are no indications of rule 10b5-1 plan notation or other special filing boxes checked; the form is executed and signed as required.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.0001 par value per share | 9,754 | $110.619 | $1.08M |
Footnotes (1)
- F1. Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $109.960 to $111.020per share. The Reporting Person will provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
FAQ
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What insider transaction did PriceSmart (PSMT) report on 09/09/2025?
What price range did the trades occur at for the reported sale?
Was the sale made under a 10b5-1 trading plan or similar contract?
Does the Form 4 report any derivative transactions by the reporting person?
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