PriceSmart grants EVP 2,943 restricted shares

An executive officer of PriceSmart received a long-term restricted stock award that increases his direct and indirect shareholdings.

Rhea-AI Filing Summary

PRICESMART INC (symbol: PSMT) is the issuer of record for a Form 4 filing submitted to the SEC. Velasco Francisco reported acquisition or exercise transactions in this Form 4 filing.

PRICESMART INC (PSMT) reported that executive vice president and chief legal and risk officer Francisco Velasco received a grant of 2,943 shares of common stock on September 17, 2026. The award is in the form of restricted stock that vests on October 26, 2031, subject to continued service through that date.

After this award, Velasco holds 78,264 common shares directly, and an additional 389 shares are held indirectly by his spouse. No transactions in this report were made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Grant/Award: 2,943 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	2,943	$0.00	$0.00
holding	Common Stock, $0.0001 par value per share	--	--	--

Holdings After Transaction: Common Stock, $0.0001 par value per share — 78,264 shares (Direct); Common Stock, $0.0001 par value per share — 389 shares (Indirect, By Spouse)

Footnotes (1)

1. F1. Award of restricted stock subject to vesting. 2,943 shares vest on October 26, 2031, subject to continued service through vesting date.

Key Figures

Restricted stock granted: 2,943 shares Vesting date: October 26, 2031 Direct holdings after award: 78,264 shares +2 more

5 metrics

Restricted stock granted 2,943 shares Award of restricted common stock on September 17, 2026

Vesting date October 26, 2031 All 2,943 restricted shares vest on this date, subject to continued service

Direct holdings after award 78,264 shares Common stock held directly by Francisco Velasco after the reported transactions

Indirect holdings by spouse 389 shares Common stock held indirectly through Velasco’s spouse after the report

Transaction price per share $0.00 per share Reported price for the restricted stock grant on September 17, 2026

Key Terms

restricted stock, vesting, continued service

3 terms

restricted stock financial

"Award of restricted stock subject to vesting."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

vesting financial

"Award of restricted stock subject to vesting."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

continued service financial

"subject to continued service through vesting date."

FAQ

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

What equity award did PriceSmart (PSMT) grant to Francisco Velasco?

PriceSmart granted 2,943 shares of restricted common stock to executive Francisco Velasco on September 17, 2026. All 2,943 shares are scheduled to vest on October 26, 2031, if he continues to provide service through that vesting date.

When does the new restricted stock for PriceSmart (PSMT) executive Velasco vest?

The 2,943 restricted shares awarded to Francisco Velasco are scheduled to vest on October 26, 2031. Vesting is conditioned on his continued service through the vesting date.

How many PriceSmart (PSMT) shares does Francisco Velasco hold after this Form 4?

Following the reported award, Francisco Velasco holds 78,264 PriceSmart common shares directly. In addition, 389 shares are held indirectly through his spouse, as disclosed in the filing.

Was Velasco’s PriceSmart (PSMT) equity grant made under a Rule 10b5-1 plan?

No. The filing indicates that no Rule 10b5-1 trading plan applies to the reported transactions, meaning the grant was not executed under an affirmed pre-arranged trading plan.

Did Francisco Velasco sell any PriceSmart (PSMT) shares in this Form 4?

No. The Form 4 reports a grant of 2,943 restricted shares to Francisco Velasco and updated holdings, but it does not report any sales or dispositions of PriceSmart common stock.

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

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Available on EDGAR 09/21/2026 - 01:26 PM Accepted by SEC EDGAR 09/21/2026 - 01:25 PM 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)
09/17/2026

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	09/17/2026		A		2,943(1)	A	$0	78,264	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. Award of restricted stock subject to vesting. 2,943 shares vest on October 26, 2031, subject to continued service through vesting date.

Remarks:

	/s/ Gualberto Hernandez	09/18/2026
	** 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)