Form 4: PriceSmart Exec Sells Shares for Tax Obligation

Paul Kovaleski, EVP-Chief Merchandising Officer at PriceSmart Inc., disposed of 3,176 shares of common stock to cover tax withholding obligations.

Summary

• Paul Kovaleski, the Executive Vice President and Chief Merchandising Officer of PriceSmart Inc. (PSMT), reported a transaction on October 27, 2025.
• The transaction involved the disposition of 3,176 shares of PriceSmart Inc. common stock.
• This disposition was made to satisfy tax withholding obligations upon the vesting of restricted stock.
• The shares were valued at $123.15 per share for the purpose of this transaction.
• Following this transaction, Kovaleski directly beneficially owns 44,414 shares of PriceSmart Inc. common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax withholding obligations upon restricted stock vesting, which is a neutral event and does not indicate a change in sentiment towards the company.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which does not inherently reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in executive confidence or company fundamentals.

Key Dates

Keywords

PriceSmart, PSMT, Paul Kovaleski, insider transaction, Form 4, stock disposition, tax withholding, restricted stock, executive compensation