PriceSmart Inc (NASDAQ: PSMT) director reports 6,400-share bona fide stock gift
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
Net Seller: 6,400 shares
Net Sell
6 txns
Insider
PRICE ROBERT E
Role
Director, 10% Owner
| 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,129,267 shares (Indirect, As co-trustee of the Robert and Allison Price Trust UDT 1/10/75);
Common Stock — 341,475 shares (Indirect, As co-trustee of the Robert and Allison Price Charitable Trust);
Common Stock — 80 shares (Direct);
Common Stock — 109,257 shares (Indirect, As co-manager of The Price Group LLC);
Common Stock — 43,000 shares (Indirect, Family Trusts);
Common Stock — 8,314 shares (Indirect, As managing member of RARSD LLC)
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
Shares gifted: 6,400 shares
Trust holdings after gift: 1,129,267 shares
Charitable trust holdings: 341,475 shares
+4 more
7 metrics
Shares gifted
6,400 shares
Bona fide gift of Common Stock on 2026-07-29
Trust holdings after gift
1,129,267 shares
Robert and Allison Price Trust UDT 1/10/75 following the 6,400-share gift
Charitable trust holdings
341,475 shares
Indirect holdings as co-trustee of the Robert and Allison Price Charitable Trust
Direct holdings
80 shares
Shares held directly by Robert E. Price after reported transactions
The Price Group LLC holdings
109,257 shares
Indirect holdings as co-manager of The Price Group LLC
Family Trusts holdings
43,000 shares
Indirect holdings reported as held by Family Trusts
RARSD LLC holdings
8,314 shares
Indirect holdings as managing member of RARSD LLC
Key Terms
bona fide gift, indirect ownership, ten percent beneficial owner, pecuniary interest, +1 more
5 terms
bona fide gift financial
"transaction_code_description: Bona fide gift"
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.
indirect ownership financial
"ownership_type set to indirect for several positions"
ten percent beneficial owner regulatory
"may also be deemed a greater than 10% beneficial owner"
pecuniary interest financial
"disclaims beneficial ownership except to the extent of pecuniary interest"
co-trustees financial
"The reporting person and his wife Allison Price are co-trustees"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Robert E. Price report in this Form 4 for PSMT?
Robert E. Price reported a bona fide gift of 6,400 shares of PriceSmart Common Stock on July 29, 2026, from a trust where he and his wife serve as co-trustees, with 1,129,267 shares remaining in that trust afterward.
What other indirect PriceSmart (PSMT) holdings did Robert E. Price disclose?
The filing shows indirect holdings of 341,475 shares in a charitable trust, 109,257 shares through The Price Group LLC, 43,000 shares in family trusts, and 8,314 shares via RARSD LLC, in addition to 80 shares held directly.
How is Allison Price involved in the reported PSMT holdings?
Allison Price is identified as a co-trustee of the trusts holding certain PriceSmart shares and may be deemed a greater than 10% beneficial owner. Both she and Robert Price disclaim beneficial ownership except to the extent of their pecuniary interests.