Velasco Francisco 4

What Happened Francisco Velasco, Executive Vice President and Chief Legal Officer (CLO) / Chief Risk & Compliance Officer (CRCO) of PriceSmart (PSMT), sold 338 shares on May 15, 2026. The shares were disposed at $158.56 each for a total proceeds of $53,593. This was a sale (S) reported as an open-market or private sale on the Form 4.

Key Details

• Transaction date and price: May 15, 2026 — 338 shares sold at $158.56 per share.
• Total value: Approximately $53,593.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing date/timeliness: Form filed May 18, 2026 for a May 15 transaction — appears to be filed within the standard reporting window.
• Footnotes/plans: No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the provided data.

Context Sales by executives are often routine (for liquidity, diversification, tax needs, etc.) and do not necessarily indicate a change in company outlook. Purchases tend to be more informative about insider bullishness; this report documents a modest open-market sale by a senior officer.