PRICE ROBERT E 4
Research Summary
AI-generated summary
PriceSmart (PSMT) 10% Owner Robert E. Price Sells Shares
What Happened Robert E. Price, reported as a greater‑than‑10% owner of PriceSmart, sold a total of 20,000 shares in two transactions reported on Form 4. On 2026-04-22 he sold 10,000 shares at $159.60 each for $1,595,956; on 2026-04-23 he sold 10,000 shares at $161.79 each for $1,617,928. Combined proceeds from the two disposals were $3,213,884. These were reported as sales (code S) — routine dispositions rather than purchases.
Key Details
- Transaction dates and prices:
- 2026-04-22: 10,000 shares @ $159.60 — $1,595,956
- 2026-04-23: 10,000 shares @ $161.79 — $1,617,928
- Combined proceeds: $3,213,884.
- Shares owned after the transactions: not specified in the filing.
- Filing date: Form 4 filed 2026-04-24 (appears to be timely relative to the reported trades).
- Footnotes of record:
- F1: Reporting person disclaims beneficial ownership except for pecuniary interest.
- F2–F3 and remarks: Mr. Price and his wife Allison Price are co‑trustees of trusts holding securities; Allison Price may also be deemed a >10% beneficial owner. The filing is intended to cover both.
Context
- These were sales (dispositions), which are common for insiders for liquidity or portfolio reasons and do not, by themselves, indicate the insider's view of the company.
- The transactions are reported as open‑market or private sales on the Form 4 (code S). No option exercises, awards, gifts, or tax withholding were reported in this filing.