PRICE ROBERT E 4
Research Summary
AI-generated summary
PriceSmart (PSMT) 10% Owner Robert E. Price Sells 2,000 Shares
What Happened
Robert E. Price, a greater-than-10% owner of PriceSmart (PSMT), sold 2,000 shares on January 26, 2026. The shares were transacted at $141.27 per share for total reported proceeds of $282,541 (open-market or private sale, transaction code S). This was a sale (liquidity event) rather than a purchase.
Key Details
- Transaction date: 2026-01-26 (reported on Form 4 filed 2026-01-27) — filed promptly the next day.
- Price per share: $141.27; Shares sold: 2,000; Total reported proceeds: $282,541.
- Shares owned after the transaction: Not specified in the provided filing.
- Footnotes: The reporting person and his wife, Allison Price, are co-trustees of the trusts holding these shares. They each disclaim beneficial ownership of trust securities except to the extent of their pecuniary interest (Footnotes F1–F3). The filing notes Allison Price may also be deemed >10% owner and this Form 4 is filed on behalf of both.
- Transaction code: S = Sale.
Context
As a >10% owner (not necessarily an executive trade), this sale reflects a disposal by a significant holder. Sales by insiders can be routine (portfolio rebalancing, liquidity, tax planning) and are not by themselves evidence of company performance. The filing appears timely (next-day report).