Price Philanthropies Foundation 4

What Happened Price Philanthropies Foundation, listed as a 10% owner of PriceSmart Inc. (PSMT), reported a gift of 6,400 shares on 2026-07-29. The reported acquisition price per share is $0.00 and the total cash value is $0, indicating these shares were transferred as a gift rather than a purchase or sale.

Key Details

• Transaction date: 2026-07-29; Filing date (Form 4): 2026-07-30.
• Transaction type/code: Gift (G).
• Shares transferred: 6,400; Price per share reported: $0.00; Reported cash value: $0.
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes: None disclosed in the provided excerpt (no 10b5-1 plan, tax withholding, or sale noted).
• Timeliness: Filing occurred the next day after the reported transaction (appears timely under standard Form 4 rules).

Context Gifts are transfers of shares and do not necessarily signal the donor's view on the company's prospects; they can be for estate planning, charitable giving, or other non-market reasons. Also note this filing is by a 10% owner (an institutional/majority holder classification), not an individual executive; institutional transfers can reflect organizational or fiduciary actions rather than insider sentiment.