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PriceSmart CFO receives 4,123 performance shares

PriceSmart Inc. EVP & Chief Financial Officer Gualberto Hernandez reported an award of 4,123 shares represented by performance stock units.

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Form Type
4

Rhea-AI Filing Summary

PriceSmart Inc. EVP & Chief Financial Officer Gualberto Hernandez reported an award of 4,123 shares represented by performance stock units. The award’s target criteria were determined to have been met on October 16, 2026, but the units remain subject to time-based vesting; 4,123 shares vest October 26, 2030, subject to continued service or acceleration under the award agreement. Hernandez directly held 46,002 shares after the transaction.

Insider Hernandez Gualberto
Role EVP & Chief Financial Officer
Type Security Shares Price Value
Grant/Award Common Stock, $0.0001 par value per share F1 4,123 $0.00 $0.00
Holdings After Transaction: Common Stock, $0.0001 par value per share — 46,002 shares (Direct)
Footnotes (1)
  1. F1. Represents performance stock units for which target criteria was determined to have been met on October 16, 2026. The PSUs remain subject to time-based vesting. 4,123 shares vest on October 26, 2030 subject to continued service or acceleration of vesting as provided in award agreement.
Award shares represented by performance stock units 4,123 shares Target criteria determined to have been met October 16, 2026; subject to time-based vesting.
Direct shares held after transaction 46,002 shares Gualberto Hernandez's reported position after the award.
Vesting date October 26, 2030 4,123 shares vest subject to continued service or acceleration under the award agreement.
performance stock units financial
"Represents performance stock units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
time-based vesting financial
"remain subject to time-based vesting"
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
acceleration of vesting financial
"acceleration of vesting as provided in award agreement"

FAQ

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

How many performance stock units did PriceSmart's CFO receive?

Gualberto Hernandez, PriceSmart's EVP & Chief Financial Officer, was reported as receiving an award of 4,123 shares represented by performance stock units. The award’s target criteria were determined to have been met on October 16, 2026, while the units remain subject to time-based vesting.

When do Gualberto Hernandez's PriceSmart performance stock units vest?

The 4,123 shares vest on October 26, 2030, subject to continued service or acceleration of vesting as provided in the award agreement.

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

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SEC Form 4
FORM 4UNITED 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*
Hernandez Gualberto

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, $0.0001 par value per share10/16/2026A4,123(1)A$046,002D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents performance stock units for which target criteria was determined to have been met on October 16, 2026. The PSUs remain subject to time-based vesting. 4,123 shares vest on October 26, 2030 subject to continued service or acceleration of vesting as provided in award agreement.
Remarks:
/s/ Francisco Velasco10/19/2026
** Signature of Reporting PersonDate
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)

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