PriceSmart (PSMT) director Robert Price reports 18,000-share insider stock gifts
Rhea-AI Filing Summary
PRICESMART INC director and 10% owner Robert E. Price reported two bona fide gifts of Common Stock. Trusts for which he and his wife serve as co-trustees transferred 9,000 shares each, for a total of 18,000 shares, on June 22, 2026.
After these gifts, the Robert and Allison Price Trust UDT 1/10/75 held 1,135,667 shares, and the Robert and Allison Price Charitable Trust held 341,475 shares, both as indirect holdings. Additional indirect positions in LLCs and family trusts and a small direct holding of 80 shares are also reported. The footnotes state that Price and his wife disclaim beneficial ownership in these trusts except for their pecuniary interests.
Positive
- None.
Negative
- None.
Insights
Filing shows routine charitable-style gifts, not market sales.
The Form 4 reports two bona fide gifts of 9,000 PriceSmart Common shares each, made through trusts where Robert and Allison Price act as co-trustees. No sale price is involved, so there is no open-market selling signal.
Post-transaction, the filing shows large remaining indirect positions, including 1,135,667 shares in the Robert and Allison Price Trust UDT 1/10/75 and 341,475 shares in the Robert and Allison Price Charitable Trust, plus other indirect stakes and a small direct holding. Footnotes clarify that beneficial ownership of trust-held shares is disclaimed except for pecuniary interests, underscoring that these are entity-level holdings and gift transfers rather than personal trading activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 9,000 | $0.00 | -- |
| Gift | Common Stock | 9,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. The reporting person and his wife Allison Price are co-trustees of this trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.