4Filed Jul 29, 8:00 PM ET
PriceSmart (PSMT) Director Sherry Bahrambeygui Sells Shares
$PSMT · PRICESMART INCResearch Summary
AI-generated summary of this SEC filing
PriceSmart (PSMT) Director Sherry Bahrambeygui Sells Shares
What Happened
Sherry Bahrambeygui, a director of PriceSmart, reported two open-market sales totaling 2,100 shares for approximately $404,186. On July 28, 2026 she sold 1,100 shares at a weighted-average price of $192.29 (proceeds ~$211,523). On July 29, 2026 she sold 1,000 shares at a weighted-average price of $192.66 (proceeds ~$192,663). These were outright sales (S), which are commonly routine dispositions rather than affirmative bullish purchases.
Key Details
- Transaction dates and amounts:
- 2026-07-28: 1,100 shares sold, weighted avg $192.29, proceeds ~$211,523 (F1: actual trade prices ranged $192.130–$192.330).
- 2026-07-29: 1,000 shares sold, weighted avg $192.66, proceeds ~$192,663 (F2: actual trade prices ranged $192.500–$192.830).
- Total shares sold: 2,100; total proceeds: ≈ $404,186.
- Shares owned after transaction: not specified in the excerpt provided in this summary.
- Ownership notes: reported securities are held via trusts and joint accounts (see F3–F6); the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
- Filing timeliness: Form 4 was filed July 30, 2026 for transactions on July 28–29 (no late filing indication).
- No 10b5‑1 plan, tax withholding, option exercise, or gift was disclosed in the provided items.
Context
- These were open-market sales (code S). Sales do not necessarily indicate loss of confidence — insiders often sell for diversification, tax or personal reasons.
- Footnotes F1 and F2 indicate the reported prices are weighted averages across multiple trades; detailed per-trade prices are available from the filer upon request.