Form 4: PriceSmart Director Gifts Shares Under 10b5-1 Plan

PriceSmart Director Robert E. Price reported a planned gift of 12,770 shares of common stock, reducing his direct beneficial ownership.

Summary

• Robert E. Price, a Director and 10% Owner of PriceSmart Inc. (PSMT), reported a transaction under a Rule 10b5-1 plan.
• On January 28, 2026, Mr. Price is scheduled to dispose of 12,770 shares of common stock via a gift (Transaction Code 'G').
• The shares are being disposed of at a price of $0, consistent with a gift.
• Following this planned transaction, Mr. Price's total beneficial ownership, including direct and indirect holdings through various trusts and entities, will be 1,687,047 shares.
• Indirect holdings include 350,475 shares through the Robert and Allison Price Charitable Trust, 1,134,667 shares through the Robert and Allison Price Trust UDT 1/10/75, 150,511 shares through The Price Group LLC, 43,000 shares through Family Trusts, and 8,314 shares through RARSD LLC.
• Allison Price, Mr. Price's wife, is also a co-trustee of the main trusts and may be deemed a greater than 10% beneficial owner, with this Form 4 covering both individuals.

Sentiment

Score: 5

Explanation: Neutral. A Form 4 reports an insider transaction (a gift in this case) and does not inherently convey positive or negative sentiment about the company's performance or outlook. It's a routine disclosure of ownership change.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of an insider's planned stock transaction and does not provide broader industry context or trends.

Related Party Transactions

• Director Robert E. Price reported a gift of 12,770 shares of common stock at a $0 price, a transaction often made to related parties or charitable entities.
• Mr. Price's indirect beneficial ownership includes shares held by the Robert and Allison Price Charitable Trust and the Robert and Allison Price Trust UDT 1/10/75, where he and his wife, Allison Price, serve as co-trustees.
• Additional indirect holdings are through The Price Group LLC, where Mr. Price is a co-manager, and RARSD LLC, where he is a managing member, indicating control over these entities.

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, but overall beneficial ownership remains substantial. The gift itself has no direct impact on company operations or value.
• Employees, Customers, Suppliers, Creditors: No direct impact from this filing.

Key Dates

Keywords

PriceSmart, PSMT, Robert E. Price, Insider Transaction, Form 4, Beneficial Ownership, Stock Gift, Director, 10% Owner, 10b5-1 Plan