ZURCHER EDGAR 4
4 · PRICESMART INC · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
PriceSmart (PSMT) Director Edgar Zurcher Sells 2,259 Shares
What Happened
Edgar Zurcher, a director of PriceSmart, reported an open-market sale of 2,259 shares on 2026-05-04 at $155.17 per share, generating approximately $350,529 in proceeds. This was a straight sale (Transaction code S) rather than a purchase or option exercise; such sales are often routine and do not necessarily signal a change in company outlook.
Key Details
- Transaction date: 2026-05-04 (reported on Form 4 filed 2026-05-05)
- Shares sold: 2,259 at $155.17 each
- Gross proceeds: ~$350,529
- Transaction type: Open-market sale (code S)
- Shares owned after transaction: Not specified in the information provided in this summary/form
- Footnotes/plans disclosed: None noted in the reported transaction (no 10b5-1 plan or tax-withholding indication disclosed here)
- Filing timeliness: Form 4 was filed the next day (appears timely)
- SEC accession number: 0001628280-26-030207
Context
This trade was executed by a board director (not listed as an executive or 10% owner in the provided details). For retail investors, purchases generally carry more weight as potential bullish signals; single open-market sales by directors are common for diversification or personal liquidity and should be viewed alongside other insider activity and company fundamentals.
Insider Transaction Report
- Sale
Common Stock. $0.0001 par value per share
2026-05-04$155.17/sh−2,259$350,529→ 8,151 total