PriceSmart grants CEO 8,499 restricted shares
CEO David R. Price received a restricted stock grant that vests in 2031, increasing his direct and trust-held ownership in PriceSmart.
Rhea-AI Filing Summary
PRICESMART INC (PSMT) reported that CEO and director David R. Price received an award of 8,499 shares of common stock on September 17, 2026 as a grant or award acquisition. The award is restricted stock that vests on October 26, 2031, subject to continued service through the vesting date. Following this award, Price holds 126,837 shares of common stock directly, and an additional 51,305 shares are held indirectly by the David Price Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 8,499 shares
Grant/Award
2 txns
Insider
Price David R
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value per share F1 | 8,499 | $0.00 | $0.00 |
| holding | Common Stock, $0.0001 par value per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.0001 par value per share — 126,837 shares (Direct);
Common Stock, $0.0001 par value per share — 51,305 shares (Indirect, By the David Price Trust)
Footnotes (1)
- F1. Award of restricted stock subject to vesting. 8,499 shares vest on October 26, 2031, subject to continued service through vesting date.
Key Figures
Restricted stock award: 8,499 shares
Vesting date for award: October 26, 2031
Direct holdings after award: 126,837 shares
+2 more
5 metrics
Restricted stock award
8,499 shares
Grant of common stock to CEO David R. Price on September 17, 2026
Vesting date for award
October 26, 2031
Restricted stock vests subject to continued service through this date
Direct holdings after award
126,837 shares
Common stock directly held by David R. Price following the transaction
Indirect holdings by trust
51,305 shares
Common stock held indirectly by the David Price Trust
Transaction price per share
$0.0000
Reported price for the restricted stock grant transaction
Key Terms
restricted stock, vesting, indirect ownership
3 terms
restricted stock financial
"Award of restricted stock subject to vesting"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vesting financial
"Award of restricted stock subject to vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
indirect ownership financial
"shares are held indirectly by the David Price Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PSMT report for CEO David R. Price?
PRICESMART INC reported that CEO David R. Price received an award of 8,499 shares of common stock on September 17, 2026 as a grant or award acquisition of restricted stock subject to vesting.
Was the PSMT CEO’s restricted stock award a market purchase?
No. The transaction is coded as a grant, award, or other acquisition with a reported price per share of $0.0000, indicating a compensation-related restricted stock award rather than a market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.