Form 4: PriceSmart COO John Hildebrandt Sells 6,000 Shares
SEC Form 4 Filing
PriceSmart's President and COO, John D. Hildebrandt, sold 6,000 shares of common stock at an average price of $81.92 on April 29, 2024.
Summary
- On April 29, 2024, John D. Hildebrandt, the President and COO of PriceSmart Inc., sold 6,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $81.92 per share.
- The prices for individual trades ranged from $81.60 to $82.76 per share.
- Following the transaction, Hildebrandt directly owns 140,485 shares of PriceSmart common stock.
Sentiment
Score: 5
Explanation: Neutral. This is a standard Form 4 filing indicating an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Date of the stock sale transaction. |
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