PriceSmart (PSMT) director awarded 1,131 RSUs in new Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PriceSmart Inc. director Beatriz V. Infante reported receiving 1,131 shares of common stock through restricted stock units. The units were acquired at a reported price of $0 per share and increased her directly held stake to 12,010 common shares.
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 sooner.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
INFANTE BEATRIZ V
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 — 12,010 shares (Direct)
Footnotes (1)
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FAQ
What did PriceSmart (PSMT) disclose in this Form 4 filing?
PriceSmart (PSMT) disclosed that director Beatriz V. Infante acquired 1,131 shares of common stock via restricted stock units at a reported price of $0. Following this grant, she directly holds 12,010 PriceSmart common shares, reflecting updated insider ownership.
When do Beatriz V. Infante’s new PriceSmart (PSMT) restricted stock units vest?
The restricted stock units granted to Beatriz V. Infante vest in full on January 30, 2027 or on the date of PriceSmart’s next annual meeting of stockholders, whichever happens sooner. This sets a clear timeline for when the award converts into vested shares.
Was the PriceSmart (PSMT) Form 4 transaction a purchase or an equity award?
The Form 4 shows an acquisition coded "A" for 1,131 PriceSmart shares at a reported price of $0, described as restricted stock units. This indicates an equity award to director Beatriz V. Infante rather than an open-market share purchase.