PriceSmart awards Francisco Velasco 4,666 stock units

The 4,666 shares are to vest October 26, 2030, subject to continued service or acceleration under the award agreement.

Rhea-AI Filing Summary

PriceSmart Inc. EVP - CLO, CRCO Francisco Velasco reported an award acquisition of 4,666 performance stock units on October 16, 2026; the units’ target criteria had been determined to be met. They remain subject to time-based vesting, with 4,666 shares to vest on October 26, 2030, subject to continued service or acceleration under the award agreement. His reported direct holdings after the transaction were 82,930 shares. The filing also lists 389 shares held indirectly by his spouse.

Insider Trade Summary

Grant/Award: 4,666 shares

Grant/Award 2 txns

Insider Velasco Francisco

Role EVP - CLO, CRCO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.0001 par value per share F1	4,666	$0.00	$0.00
holding	Common Stock, $0.0001 par value per share	--	--	--

Holdings After Transaction: Common Stock, $0.0001 par value per share — 82,930 shares (Direct); Common Stock, $0.0001 par value per share — 389 shares (Indirect, By Spouse)

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. 4,666 shares vest on October 26, 2030 subject to continued service or acceleration of vesting as provided in award agreement.

Key Figures

Performance stock units awarded: 4,666 units Shares to vest: 4,666 shares Direct shares following transaction: 82,930 shares +1 more

4 metrics

Performance stock units awarded 4,666 units October 16, 2026

Shares to vest 4,666 shares October 26, 2030, subject to continued service or acceleration under the award agreement

Direct shares following transaction 82,930 shares Francisco Velasco’s reported position after the transaction

Shares held indirectly by spouse 389 shares Reported holding

Key Terms

performance stock units, time-based vesting, acceleration of vesting

3 terms

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

"acceleration of vesting as provided in award agreement"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many performance stock units did PSMT executive Francisco Velasco receive?

Francisco Velasco reported an award acquisition of 4,666 performance stock units on October 16, 2026. The units remain subject to time-based vesting, and 4,666 shares are to vest October 26, 2030, subject to continued service or acceleration under the award agreement.

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

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Available on EDGAR 10/20/2026 - 05:18 PM EDT Accepted by SEC EDGAR 10/20/2026 - 05:18 PM EDT Learn about SEC filing dates

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^*

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - CLO, CRCO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/16/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.0001 par value per share	10/16/2026		A		4,666(1)	A	$0	82,930	D
Common Stock, $0.0001 par value per share								389	I	By 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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. 4,666 shares vest on October 26, 2030 subject to continued service or acceleration of vesting as provided in award agreement.

Remarks:

	/s/ Gualberto Hernandez	10/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)