Form 4: PriceSmart Director Robert E. Price Reports Gift of 10,500 Shares

Robert E. Price, a director and 10% owner of PriceSmart Inc., reported gifting 10,500 shares of common stock on November 7, 2024.

Summary

• On November 7, 2024, Robert E. Price, a director and 10% owner of PriceSmart Inc. (PSMT), reported a transaction involving the gifting of 10,500 shares of common stock.
• The shares were disposed of at a price of $0.
• Following the transaction, Price continues to beneficially own a significant number of shares through direct and indirect holdings.
• These holdings include shares held as co-trustee of the Robert and Allison Price Trust UDT 1/10/75 (1,108,577 shares), the Robert and Allison Price Charitable Trust (399,335 shares), as co-manager of The Price Group LLC (150,511 shares), Family Trusts (45,000 shares), and as managing member of RARSD LLC (8,314 shares).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common and expected. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction itself is unlikely to have a significant impact on stakeholders, as it is a gift of shares and does not involve a sale on the open market.

Key Dates