Form 4: PriceSmart Director Robert E. Price Reports Changes in Beneficial Ownership

Robert E. Price, a director and 10% owner of PriceSmart Inc., filed a Form 4 disclosing changes in his beneficial ownership of the company's common stock due to trust-related transactions.

Summary

• On March 24, 2025, Robert E. Price, a director and 10% owner of PriceSmart Inc., reported changes in his beneficial ownership of the company's common stock.
• The transactions involved the acquisition and disposal of shares held in trusts where Price serves as co-trustee with his wife, Allison Price.
• Price disposed of 19,730 shares held as co-trustee of the Robert and Allison Price Charitable Trust.
• He acquired 19,730 shares as co-trustee of the Robert and Allison Price Trust UDT 1/10/75.
• Following these transactions, Price's indirect beneficial ownership includes 363,245 shares as co-trustee of the Robert and Allison Price Charitable Trust, 1,134,667 shares as co-trustee of the Robert and Allison Price Trust UDT 1/10/75, 150,511 shares as co-manager of The Price Group, LLC, 45,000 shares in Family Trusts, and 8,314 shares as managing member of RARSD LLC.
• Allison Price may also be deemed a greater than 10% beneficial owner as co-trustee of the trusts.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and principal stockholders) of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• Shareholders are informed about changes in ownership by a key insider.
• The filing provides transparency regarding the transactions of a director and significant shareholder.

Key Dates

Keywords

Form 4, beneficial ownership, PriceSmart, PSMT, Robert E. Price, Allison Price, director, 10% owner, trust, securities