Form 4: PriceSmart EVP & CFO McCleary Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Michael McCleary, EVP & CFO of PriceSmart, disposed of 4,234 shares of common stock on October 26, 2024, to cover tax obligations related to vesting restricted stock.
Summary
- On October 26, 2024, Michael McCleary, the EVP & CFO of PriceSmart Inc., reported a transaction involving the disposal of 4,234 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations upon the vesting of restricted stock.
- Following the transaction, McCleary directly owns 66,141 shares of PriceSmart common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 10/26/2024 | Date of stock disposal transaction. |
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