PriceSmart (PSMT) holder Price Philanthropies gifts 128,000 common shares
Rhea-AI Filing Summary
Price Philanthropies Foundation, a ten percent owner of PRICESMART INC, reported a bona fide gift of 128,000 shares of common stock on 2026-07-22 at a stated price of $0.00 per share. After this gift transfer, the foundation directly holds 2,726,525 shares of PriceSmart common stock. The transaction was not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 128,000 shares
Net Sell
1 txn
Insider
Price Philanthropies Foundation
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 128,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 2,726,525 shares (Direct)
Key Figures
Shares gifted: 128,000 shares
Price per share: $0.00
Shares held after transaction: 2,726,525 shares
+2 more
5 metrics
Shares gifted
128,000 shares
Bona fide gift of PriceSmart common stock on 2026-07-22
Price per share
$0.00
Stated price for the 128,000-share bona fide gift
Shares held after transaction
2,726,525 shares
Direct holdings of Price Philanthropies Foundation after the gift
Gift transactions
1
Number of bona fide gift transactions reported in this filing
Gifted shares total
128,000 shares
Total shares covered by transaction code G in this Form 4
Key Terms
bona fide gift, ten percent owner, Rule 10b5-1
3 terms
bona fide gift regulatory
"transaction code G, described as a “bona fide gift” of shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
ten percent owner regulatory
"Price Philanthropies Foundation is identified as a ten percent owner"
Rule 10b5-1 regulatory
"The document-level Rule 10b5-1 checkbox was marked false"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Price Philanthropies report for PRICESMART INC (PSMT)?
Price Philanthropies Foundation reported a bona fide gift of 128,000 shares of PRICESMART INC common stock. The transaction occurred on 2026-07-22 at a stated price of $0.00 per share, reflecting a non-cash transfer rather than an open-market sale or purchase.
Was the Price Philanthropies PSMT gift made under a Rule 10b5-1 plan?
The filing indicates the transaction was not made under a Rule 10b5-1 trading plan. The document-level checkbox for Rule 10b5-1 arrangements was marked false, meaning the reported bona fide gift was not executed pursuant to a pre-arranged trading plan.