STOCK TITAN

PriceSmart (NASDAQ: PSMT) major holder makes bona fide gift of shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Price Philanthropies Foundation, a ten percent owner of PriceSmart Inc., reported a charitable transfer of company stock. The foundation made a bona fide gift of 8,000 shares of PriceSmart common stock on the reported date at a stated price of $0.00 per share. After this gift, the foundation directly holds 2,854,525 shares of PriceSmart common stock, so the transaction represents a small portion of its overall position.

Positive

  • None.

Negative

  • None.
Insider Price Philanthropies Foundation
Role null
Type Security Shares Price Value
Gift Common Stock 8,000 $0.00 --
Holdings After Transaction: Common Stock — 2,854,525 shares (Direct, null)
Footnotes (1)
Shares gifted 8,000 shares Bona fide gift of PriceSmart common stock
Gift price per share $0.00 per share Stated transaction price for the gifted shares
Shares held after transaction 2,854,525 shares Direct holdings of PriceSmart common stock following the gift
Gift transactions in filing 1 gift, 8,000 shares Transaction summary for bona fide gift dispositions
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
ten percent owner regulatory
""is_ten_percent_owner": 1"
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Price Philanthropies Foundation

(Last)(First)(Middle)
7777 FAY AVE., STE. 300

(Street)
LA JOLLA CALIFORNIA 92037

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PRICESMART INC [ PSMT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/29/2026G8,000A$02,854,525D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Jeff Fisher, Chief Financial Officer04/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Price Philanthropies Foundation report for PSMT?

Price Philanthropies Foundation reported a bona fide gift of 8,000 shares of PriceSmart common stock. The transfer was recorded at $0.00 per share and classified as a charitable gift, not an open-market sale or purchase transaction.

How many PriceSmart (PSMT) shares did the foundation hold after the gift?

After the 8,000-share gift, Price Philanthropies Foundation held 2,854,525 shares of PriceSmart common stock. This shows the gift was small relative to its overall direct ownership position disclosed in the filing.

Was the PriceSmart (PSMT) insider transaction a sale or a gift?

The transaction was reported as a bona fide gift under code G, not a sale. The foundation disposed of 8,000 shares as a gift at a stated price of $0.00 per share, meaning no cash consideration was received.

Does the PriceSmart (PSMT) Form 4 show open-market trading by the foundation?

The Form 4 does not show open-market trading by the foundation. It records only a bona fide gift of 8,000 common shares, classified as a non-derivative disposition with no purchase or sale transactions reported.

Who is the reporting owner in this PriceSmart (PSMT) Form 4 filing?

The reporting owner is Price Philanthropies Foundation, identified as a ten percent owner of PriceSmart Inc. It reported the gift of 8,000 common shares and now directly holds 2,854,525 shares following the transaction.