[Form 4] Pricesmart Inc Insider Trading Activity

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.

Insights

Financial Analyst

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.

Corporate Governance Expert

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.

SEC Form 4

FORM 4

UNITED 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^*

McCleary Michael

(Last) (First) (Middle)

9740 SCRANTON RD.

(Street)

SAN DIEGO CA 92121

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PRICESMART INC [ PSMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP-Finance

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.0001 par value per share	09/09/2025		S		9,754	D	$110.619(1)	47,082	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	/s/ Gualberto Hernandez	09/09/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did PriceSmart (PSMT) report on 09/09/2025?

Michael McCleary sold 9,754 shares of PriceSmart common stock on 09/09/2025 at a weighted-average price of $110.619.

How many PriceSmart shares does the reporting person own after the sale?

The Form 4 reports 47,082 shares of beneficial ownership following the reported transaction.

What price range did the trades occur at for the reported sale?

The filing states trades were executed at prices ranging from $109.960 to $111.020 per share.

Was the sale made under a 10b5-1 trading plan or similar contract?

The form does not indicate that the transaction was made pursuant to a 10b5-1 plan; no box for such a plan is checked in the provided content.

Does the Form 4 report any derivative transactions by the reporting person?

No. Table II for derivative securities is blank in the provided filing; only a non-derivative sale of common stock is reported.