PriceSmart director gifts 6,400 company shares
PriceSmart Inc director and greater than 10% owner Robert E. Price reported a bona fide gift of 6,400 shares of Common Stock held indirectly as co-trustee of the Robert and Allison Price Trust UDT 1/10/75, leaving that trust with 1,129,267 shares.
Rhea-AI Filing Summary
PriceSmart Inc director and greater than 10% owner Robert E. Price reported a bona fide gift of 6,400 shares of Common Stock held indirectly as co-trustee of the Robert and Allison Price Trust UDT 1/10/75, leaving that trust with 1,129,267 shares. The filing also lists indirect holdings of 341,475 shares in a charitable trust, 109,257 shares via The Price Group LLC, 43,000 shares in family trusts, 8,314 shares via RARSD LLC, and 80 shares held directly. Mr. Price and his wife Allison, as co-trustees of certain trusts, disclaim beneficial ownership beyond their pecuniary interests, and the transaction was not reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 6,400 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Footnotes (3)
- F1. The reporting person and his wife Allison Price are co-trustees of this trust.
- F2. The reporting person and his wife Allison Price are co-trustees of this trust. The reporting person and his wife each disclaim beneficial ownership of the securities held by this trust except to the extent of their respective pecuniary interest therein.
- F3. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
bona fide gift financial
indirect ownership financial
ten percent beneficial owner regulatory
pecuniary interest financial
co-trustees financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Robert E. Price report in this Form 4 for PSMT?
What other indirect PriceSmart (PSMT) holdings did Robert E. Price disclose?
How is Allison Price involved in the reported PSMT holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.