STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  1. F1. Award of restricted stock subject to vesting. 8,499 shares vest on October 26, 2031, subject to continued service through vesting date.
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
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.

When do the newly awarded restricted shares to the PSMT CEO vest?

The 8,499 shares of restricted stock awarded to CEO David R. Price vest on October 26, 2031, and vesting is subject to his continued service through that vesting date.

How many PSMT shares does CEO David R. Price hold directly after this Form 4?

After the reported award, CEO David R. Price holds 126,837 shares of PRICESMART INC common stock directly, as stated in the filing’s post-transaction holdings field.

What is the indirect PSMT share ownership reported for the David Price Trust?

The Form 4 reports that 51,305 shares of PRICESMART INC common stock are held indirectly by the David Price Trust, separate from David R. Price’s directly held shares.

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.

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Learn about SEC filing dates
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*
Price David R

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026
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 share09/17/2026A8,499(1)A$0126,837D
Common Stock, $0.0001 par value per share51,305IBy the David Price Trust
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. Award of restricted stock subject to vesting. 8,499 shares vest on October 26, 2031, subject to continued service through vesting date.
Remarks:
/s/ Gualberto Hernandez09/18/2026
** 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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