PriceSmart grants EVP CIO 26,913 restricted shares

PriceSmart EVP and CIO Shweta Bhatia received a multi‑year restricted stock award totaling 26,913 shares, vesting through 2031.

Rhea-AI Filing Summary

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

PRICESMART INC (PSMT) reported that its Executive Vice President and Chief Information Officer, Shweta Bhatia, received a grant of 26,913 shares of common stock on September 17, 2026. The award is in the form of restricted stock that vests in tranches from October 26, 2027 through October 26, 2031, contingent on continued service. Following this grant, she holds 26,913 shares directly.

Insider Trade Summary

Grant/Award: 26,913 shares

Grant/Award 1 txn

Insider Bhatia Shweta

Role EVP and CIO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.0001 par value per share F1	26,913	$0.00	$0.00

Holdings After Transaction: Common Stock, $0.0001 par value per share — 26,913 shares (Direct)

Footnotes (1)

1. F1. Award of restricted stock subject to vesting. 7,082 shares vest on October 26, 2027, 5,666 shares vest on October 26, 2028, 5,666 shares vest on October 26, 2029, 5,666 shares vest on October 26, 2030, 2,833 shares vest on October 26, 2031, subject to continued service through each such vesting date.

Key Figures

Restricted stock granted: 26,913 shares Reported grant price: $0.00 per share Shares vesting 2027: 7,082 shares +5 more

8 metrics

Restricted stock granted 26,913 shares Award to EVP and CIO Shweta Bhatia on September 17, 2026

Reported grant price $0.00 per share Compensation award, not an open-market purchase

Shares vesting 2027 7,082 shares Vesting on October 26, 2027, subject to continued service

Shares vesting 2028 5,666 shares Vesting on October 26, 2028, subject to continued service

Shares vesting 2029 5,666 shares Vesting on October 26, 2029, subject to continued service

Shares vesting 2030 5,666 shares Vesting on October 26, 2030, subject to continued service

Shares vesting 2031 2,833 shares Final tranche vesting on October 26, 2031, subject to continued service

Shares held after transaction 26,913 shares Direct ownership by EVP and CIO after the award

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. 7,082 shares vest on"

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 each such vesting date."

FAQ

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

What insider transaction did PSMT report for executive Shweta Bhatia?

PriceSmart reported that EVP and CIO Shweta Bhatia received a grant of 26,913 shares of common stock as a restricted stock award on September 17, 2026.

Is the September 17, 2026 PSMT transaction a purchase or an award?

The September 17, 2026 transaction is a grant of restricted stock, not an open-market purchase. 26,913 shares of PriceSmart common stock were awarded at a reported price of $0.00 per share as compensation.

How does the restricted stock award to the PSMT EVP and CIO vest?

The award vests in tranches: 7,082 shares on October 26, 2027; 5,666 shares on October 26, 2028; 5,666 shares on October 26, 2029; 5,666 shares on October 26, 2030; and 2,833 shares on October 26, 2031, subject to continued service.

What are Shweta Bhatia’s PriceSmart (PSMT) holdings after this Form 4 transaction?

After the reported grant, EVP and CIO Shweta Bhatia holds 26,913 shares of PriceSmart common stock, all reported as direct ownership.

Was the PSMT restricted stock grant under a Rule 10b5-1 trading plan?

No Rule 10b5-1 trading plan is indicated. The document-level checkbox for Rule 10b5-1 is unchecked, and the footnotes describe the grant as an award of restricted stock subject to vesting without referencing any trading plan.

Over what period will the PSMT EVP and CIO’s restricted stock award fully vest?

The restricted stock award vests annually from October 26, 2027 through October 26, 2031. Full vesting occurs in 2031, provided the executive remains in continued service through each vesting date.

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

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Available on EDGAR 09/21/2026 - 01:23 PM Accepted by SEC EDGAR 09/21/2026 - 01:22 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^*

Bhatia Shweta

(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 and CIO

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		26,913(1)	A	$0	26,913	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. Award of restricted stock subject to vesting. 7,082 shares vest on October 26, 2027, 5,666 shares vest on October 26, 2028, 5,666 shares vest on October 26, 2029, 5,666 shares vest on October 26, 2030, 2,833 shares vest on October 26, 2031, subject to continued service through each such 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)