Form 4: PriceSmart Executive David R. Price Reports Stock Transaction
SEC Form 4 Filing
David R. Price, EVP & Chief Transformational Officer of PriceSmart Inc., reports disposition of shares to cover tax obligations.
Summary
- On August 29, 2024, David R. Price, EVP & Chief Transformational Officer of PriceSmart Inc., reported a transaction involving PriceSmart common stock.
- The transaction involved the disposition of 183 shares at a price of $88.96 to cover tax withholding obligations upon the vesting of restricted stock.
- Following the transaction, Price directly owns 51,585 shares and indirectly owns 51,305 shares through the David Price Trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposition of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of stock transaction |
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