PriceSmart director reports 8,000-share stock gift
PRICESMART INC director and 10% owner Robert E. Price reported a bona fide gift of 8,000 shares of common stock.
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Rhea-AI Filing Summary
PRICESMART INC director and 10% owner Robert E. Price reported a bona fide gift of 8,000 shares of common stock. The gifted shares were held indirectly, as he and his wife serve as co-trustees of the Robert and Allison Price Trust UDT 1/10/75. After this gift, that trust holds 1,126,667 shares of PriceSmart common stock. The filing also lists other indirect holdings through RARSD LLC, family trusts, The Price Group LLC, and a charitable trust, plus a small direct holding of 80 shares. The reporting person and his wife each disclaim beneficial ownership in certain trusts except to the extent of their pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 8,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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
co-trustees financial
pecuniary interest financial
indirect ownership financial
ten percent owner financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PSMT director Robert E. Price report on this Form 4?
Does this PSMT Form 4 include any option exercises or derivative transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.