[Form 4] PRICESMART INC Insider Trading Activity

Rhea-AI Filing Summary

Insider sale by PriceSmart executive: An officer of PriceSmart, listed as EVP - CLO, CRCO, sold 550 shares of common stock on 10/06/2025 at a price of $122.82 per share. After the transaction the reporting person beneficially owned 80,548 shares directly and an additional 389 shares indirectly through a spouse. The filer checked the box indicating the trade was made under a written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1.

Positive

• Trade executed under a Rule 10b5-1 plan, indicating the sale was pre-arranged
• Full disclosure of price and post-sale holdings (550 shares at $122.82; 80,548 direct ownership)

Negative

• Insider reduced direct holdings by 550 shares on 10/06/2025
• Indirect holdings remain (389 shares held by spouse), which maintains some family exposure but concentrates voting influence

Insights

Corporate Governance Analyst

Small planned sale by a senior officer; governance disclosure is clear.

The filing shows a 550-share sale executed on 10/06/2025 at $122.82 per share and explicitly indicates the transaction was pursuant to a written plan under Rule 10b5-1. That checkbox provides a formal affirmative defense that the trade was pre-planned rather than opportunistic.

The transaction reduced direct holdings to 80,548 shares with 389 shares held indirectly by a spouse. Monitor routine Form 4 activity in the next 30-90 days for additional planned-plan sales or any changes to insider ownership patterns.

Equity Markets Specialist

Trade size is immaterial to market capitalization but is transparently reported.

The sale of 550 shares is small relative to typical public float and is unlikely to move market price; the filing discloses exact price and post-trade ownership counts which aid liquidity and float calculations. The presence of a 10b5-1 plan reduces the likelihood the sale signals private adverse information.

Investors focused on insider trends should compare cumulative Form 4s over a 90-day window to spot any meaningful pattern in insider selling or buying.

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Velasco Francisco

(Last) (First) (Middle)

9797 AERO DRIVE SUITE 100

(Street)

SAN DIEGO CA 92123

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PRICESMART INC [ PSMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - CLO, CRCO

3. Date of Earliest Transaction (Month/Day/Year)
10/06/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.0001 par value per share	10/06/2025		S		550	D	$122.82	80,548	D
Common Stock, $0.0001 par value per share								389	I	By Spouse

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Gualberto Hernandez	10/06/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did PriceSmart insider (PSMT) report on the Form 4?

The filer reported selling 550 shares on 10/06/2025 at $122.82 per share and now holds 80,548 shares directly and 389 shares indirectly.

Was the sale made under a 10b5-1 plan for PSMT?

Yes. The filer checked the box indicating the transaction was made pursuant to a written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1.

How material is this insider sale to PriceSmart's float?

The sale was 550 shares, a small amount relative to a public company's float; the filing shows the transaction but it is unlikely to be market-moving by itself.

Who is the reporting person and what is their role at PriceSmart?

The reporting person is Francisco Velasco, listed as an officer with the title EVP - CLO, CRCO.

What are the post-transaction beneficial ownership totals reported?

Post-transaction ownership is 80,548 shares directly and 389 shares indirectly (by spouse).