Director Leon C. Janks receives 1,131 PriceSmart (PSMT) restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PriceSmart Inc. director Leon C. Janks reported receiving an award of 1,131 shares of common stock on February 5, 2026, coded as an acquisition at a price of $0 per share. This reflects a grant of restricted stock units rather than an open‑market purchase.
The restricted stock units vest in full on January 30, 2027 or on the date of PriceSmart’s next annual meeting of stockholders, whichever occurs first. Following this award, Janks beneficially owns 31,865 shares of PriceSmart common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JANKS LEON C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock. $0.0001 par value per share | 1,131 | $0.00 | -- |
Holdings After Transaction:
Common Stock. $0.0001 par value per share — 31,865 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PriceSmart (PSMT) disclose for Leon C. Janks?
PriceSmart reported that director Leon C. Janks received 1,131 shares of common stock on February 5, 2026. The award is in the form of restricted stock units that vest in full on January 30, 2027 or at the next annual stockholders’ meeting, whichever is earlier.
When do Leon C. Janks’s PriceSmart (PSMT) restricted stock units vest?
The restricted stock units granted to Leon C. Janks vest in full on January 30, 2027. However, if PriceSmart holds its next annual stockholders’ meeting before that date, the vesting instead occurs on the meeting date, based on the award’s specified vesting terms.
What role does Leon C. Janks hold at PriceSmart (PSMT) in this filing?
In this filing, Leon C. Janks is identified as a director of PriceSmart Inc. The Form 4 indicates that the reported transaction involves his direct beneficial ownership, with the grant structured as restricted stock units covering the company’s common stock at a par value of $0.0001 per share.