Form 4: PriceSmart Director Robert E. Price Reports Gift of 15,000 Shares

Director Robert E. Price reported a gift of 15,000 shares of PriceSmart Inc. common stock, while maintaining significant indirect ownership through various trusts and entities.

Summary

• On July 29, 2024, Robert E. Price, a director and potential 10% owner of PriceSmart Inc. (PSMT), reported a transaction involving the company's common stock.
• Price gifted 15,000 shares of common stock.
• Following the transaction, Price continues to have indirect beneficial ownership of a substantial number of shares through several trusts and entities.
• These include the Robert and Allison Price Trust UDT 1/10/75 (1,101,777 shares), the Robert and Allison Price Charitable Trust (416,635 shares), The Price Group LLC (150,511 shares), the David Price Trust UTD 9/22/89 (51,305 shares), Family Trusts (45,000 shares), and RARSD LLC (8,314 shares).

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing 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 in publicly traded companies. It provides transparency into the actions of company insiders and their holdings.

Stakeholder Impact

• The transaction itself is unlikely to have a significant direct impact on stakeholders.
• However, transparency in insider transactions is important for maintaining investor confidence.

Key Dates