PriceSmart Inc (PSMT) foundation receives bona fide gift of 6,400 shares
Rhea-AI Filing Summary
Price Philanthropies Foundation reported acquisition or exercise transactions in this Form 4 filing.
Price Philanthropies Foundation, a more than ten percent owner of PriceSmart Inc, received a bona fide gift of 6,400 shares of common stock on 2026-07-29 at $0.00 per share, increasing its direct holdings to 2,732,925 shares. The Rule 10b5-1 trading plan checkbox was not marked.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,400 shares
Net Buy
1 txn
Insider
Price Philanthropies Foundation
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 6,400 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 2,732,925 shares (Direct)
Key Figures
Shares received as gift: 6,400 shares
Price per share: $0.00
Shares held after transaction: 2,732,925 shares
+1 more
4 metrics
Shares received as gift
6,400 shares
Bona fide gift of common stock on 2026-07-29
Price per share
$0.00
Reported transaction price per share for the gifted shares
Shares held after transaction
2,732,925 shares
Direct ownership by Price Philanthropies Foundation following the gift
Gift transactions reported
1
Single bona fide gift transaction in this Form 4
Key Terms
bona fide gift, ten percent owner, Rule 10b5-1
3 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
ten percent owner regulatory
""is_ten_percent_owner": 1"
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading plan checkbox was not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PriceSmart (PSMT) report in this Form 4?
PriceSmart reported that Price Philanthropies Foundation, a more than ten percent owner, received a bona fide gift of 6,400 shares of PriceSmart common stock on 2026-07-29, with no cash price per share reported for the transfer.
Was the PriceSmart (PSMT) insider transaction a purchase or sale?
The transaction was neither a market purchase nor a sale; it was reported as a bona fide gift of 6,400 shares of PriceSmart common stock received by Price Philanthropies Foundation, with a $0.00 per share transaction price.
Who is the reporting person in the PriceSmart (PSMT) Form 4 filing?
The reporting person is Price Philanthropies Foundation, identified as a more than ten percent owner of PriceSmart Inc. It is not listed as a director or officer in this filing but reports direct ownership of the shares.
Was the PriceSmart (PSMT) gift transaction made under a Rule 10b5-1 plan?
No. The document-level Rule 10b5-1 trading plan checkbox was not marked, indicating the 6,400-share bona fide gift to Price Philanthropies Foundation was not reported as executed pursuant to a Rule 10b5-1 trading arrangement.