PriceSmart, Inc. filings document an operating company with common stock listed on the Nasdaq Global Select Market under PSMT. Form 8-K reports furnish quarterly operating results and press release exhibits for the company’s U.S.-style membership warehouse clubs in Latin America and the Caribbean.
The filing record also covers annual meeting matters, including director elections, advisory executive compensation votes and auditor ratification, as well as executive leadership and compensation arrangements reported under Item 5.02. These disclosures describe governance actions, registered security details and material event reporting for PriceSmart’s warehouse club operations.
Gualberto Hernandez, EVP & Chief Financial Officer of PriceSmart, acquired 39,178 restricted shares on 09/04/2025 at no cash price, increasing his reported beneficial ownership to 39,278 shares. The award is subject to time-based vesting: 10,310 shares vest on 10/26/2026, then 8,248 shares vest annually on 10/26/2027, 10/26/2028, and 10/26/2029, and 4,124 shares vest on 10/26/2030, each contingent on continued service through the vesting dates. The Form 4 was signed on 09/10/2025.
Wayne J. Sadin, EVP and CIO of PriceSmart Inc. (PSMT), reported an award of 3,646 restricted shares of common stock on 09/04/2025. The award was granted at a price of $0 and is subject to vesting on October 26, 2030, contingent on continued service through that date. Following the reported transaction, Mr. Sadin beneficially owns 54,695 shares, held in a direct ownership form. The Form 4 was signed on 09/10/2025 by Gualberto Hernandez on behalf of the reporting person.
Francisco Velasco, listed as an officer with the title EVP - CLO, CRCO of PriceSmart Inc (PSMT), reported an award of 4,667 restricted shares on 09/04/2025. The restricted shares were granted with a $0 purchase price and are subject to vesting on October 26, 2030, conditioned on continued service through the vesting date. After the award, Velasco beneficially owns 81,098 shares directly, plus 389 shares held indirectly by his spouse. The Form 4 was signed on 09/10/2025.
Pricesmart Inc (PSMT) reporting person Paul Kovaleski, EVP–Chief Merchandising Officer, received 3,403 shares of restricted common stock on 09/04/2025 at no cash price reported. After the award he beneficially owns 46,442 shares. The restricted shares vest on October 26, 2030 and are subject to continued service through the vesting date. The Form 4 was signed by Gualberto Hernandez on 09/10/2025. The filing indicates an internal equity award to an officer rather than an open-market purchase or sale.
Pricesmart Inc. (PSMT) reporting person David R. Price, who serves as CEO and a director, received a grant of 73,551 restricted shares of common stock on 09/04/2025 with a $0 per-share price. After the grant, Mr. Price beneficially owns 122,067 shares in total, comprising 51,305 shares held indirectly by the David Price Trust. The restricted shares vest in annual installments: 15,579 shares vest on October 26 of 2026, 2027, and 2028; 15,359 shares vest on October 26, 2029; and 11,455 shares vest on October 26, 2030, all subject to continued service.
John D. Hildebrandt, President and COO of PriceSmart, reported receipt of a restricted stock award of 9,722 shares on 09/04/2025. The award carries no cash price and vests on October 26, 2030, subject to continued service through that date. After the award, Hildebrandt beneficially owns 131,443 shares directly. The filing also discloses 858 shares held indirectly by his spouse. The Form 4 was signed and dated 09/10/2025. The record shows the grant is non‑derivative restricted stock and contains no cash consideration or exercised derivative transactions.
Michael McCleary, identified as an officer (EVP-Finance) and director of PriceSmart Inc. (PSMT), reported the sale of 9,754 shares of the issuer's common stock on 09/09/2025. The weighted-average sale price was $110.619 per share, with individual trade prices ranging from $109.960 to $111.020. After the transaction, the reporting person beneficially owned 47,082 shares, reported as direct ownership. The Form 4 includes an explanatory note that the weighted-average price reflects multiple trades and that detailed per-trade quantities and prices are available upon request. The filing is signed on behalf of the reporting person.
Pricesmart Inc (PSMT) Form 144 notice reports a proposed sale of 4,877 common shares, with an aggregate market value of $546,126.46, to be sold on 09/09/2025 on NASDAQ through Morgan Stanley Smith Barney LLC. The shares were acquired on 08/29/2023 as restricted stock awards and performance stock units from the issuer. The filer states no sales in the prior three months and affirms no known material nonpublic information.
PriceSmart, Inc. is updating the compensation package for its new Chief Executive Officer, David Price, without changing his total annual pay. The Compensation and Human Capital Committee adjusted the mix by increasing his base salary and reducing equity awards.
Mr. Price’s base salary rises from $1,500,000 to $2,000,000 per year, his target annual cash incentive award remains $500,000, and the targeted annual vesting of equity incentive awards is revised from $3,000,000 to $2,500,000 based on grant-date value. An amendment to his Amended and Restated Employment Agreement dated September 4, 2025 updates the base salary amount retroactive to September 1, 2025.
PriceSmart Inc. (PSMT) reporting person John D. Hildebrandt, identified as President and COO and a director, reported a routine withholding transaction on 08/29/2025. The Form 4 shows 1,826 shares of common stock were disposed under transaction code F at a price of $108.06 per share, reflecting the withholding of restricted stock to satisfy the reporting person's tax withholding obligation upon vesting. After the withholding, the filing reports 121,721 shares owned directly and 858 shares held indirectly by spouse. The filing includes an explanatory remark that the shares were withheld to satisfy tax withholding and is signed by Gualberto Hernandez on 08/29/2025.