Form 4: PriceSmart Director Jeffrey Fisher Reports Stock Transactions
SEC Form 4 Filing
Director Jeffrey Fisher reports gifting shares to a family trust, selling shares, and acquiring restricted stock units in PriceSmart Inc.
Summary
- On January 30, 2025, Jeffrey Fisher, a director of PriceSmart Inc., gifted 1,965 shares of PSMT common stock to the Fisher Family Trust for no consideration.
- Fisher is the trustee and a beneficiary of the trust, retaining beneficial ownership of the shares.
- Also on January 30, 2025, Fisher sold 5,000 shares at $93 per share.
- Fisher also acquired 1,642 restricted stock units on February 6, 2025, which vest on January 30, 2026, or the next annual meeting.
- Following these transactions, Fisher directly owns 1,642 shares and indirectly owns 18,611 shares through the Fisher Family Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.
Related Party Transactions
- The transfer of shares to the Fisher Family Trust is a related party transaction.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, but are unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 01/30/2025 | Reporting person transferred 1,965 shares of PSMT common stock to Fisher Family Trust for no consideration. |
| 01/30/2025 | Reporting person sold 5,000 shares at $93. |
| 02/06/2025 | Reporting person acquired 1,642 restricted stock units. |
| 02/10/2025 | Date of signature for the Form 4 filing. |
| 01/30/2026 | Restricted stock units vest in full on this date or the date of the issuer's next annual meeting of stockholders, whichever is sooner. |
Keywords
PriceSmart, PSMT, Jeffrey Fisher, Form 4, Stock Transaction, Director, Beneficial Ownership, Restricted Stock Units, Fisher Family Trust
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