PriceSmart (NASDAQ: PSMT) insider reports 8,000-share bona fide stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRICESMART INC director and 10% owner Robert E. Price reported a bona fide gift of 8,000 shares of common stock. The gifted shares were held indirectly, as he and his wife serve as co-trustees of the Robert and Allison Price Trust UDT 1/10/75. After this gift, that trust holds 1,126,667 shares of PriceSmart common stock. The filing also lists other indirect holdings through RARSD LLC, family trusts, The Price Group LLC, and a charitable trust, plus a small direct holding of 80 shares. The reporting person and his wife each disclaim beneficial ownership in certain trusts except to the extent of their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,000 shares gifted
Mixed
6 txns
Insider
PRICE ROBERT E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 8,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,126,667 shares (Indirect, As co-trustee of the Robert and Allison Price Trust UDT 1/10/75);
Common Stock — 80 shares (Direct, null)
Footnotes (1)
- The reporting person and his wife Allison Price are co-trustees of this trust. The reporting person and his wife Allison Price are co-trustees of this trust. The reporting person and his wife each disclaim beneficial ownership of the securities held by this trust except to the extent of their respective pecuniary interest therein. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Key Figures
Gifted shares: 8,000 shares
Trust holdings after gift: 1,126,667 shares
RARSD LLC indirect holdings: 8,314 shares
+4 more
7 metrics
Gifted shares
8,000 shares
Bona fide gift of common stock reported with code G
Trust holdings after gift
1,126,667 shares
Robert and Allison Price Trust UDT 1/10/75 post-gift balance
RARSD LLC indirect holdings
8,314 shares
Common stock held indirectly as managing member of RARSD LLC
Family trusts holdings
43,000 shares
Common stock held indirectly through family trusts
The Price Group LLC holdings
130,511 shares
Common stock held indirectly as co-manager of The Price Group LLC
Charitable trust holdings
350,475 shares
Common stock held indirectly as co-trustee of charitable trust
Direct holdings
80 shares
Common stock held directly by Robert E. Price
Key Terms
bona fide gift, co-trustees, pecuniary interest, indirect ownership, +1 more
5 terms
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.
co-trustees financial
"The reporting person and his wife Allison Price are co-trustees of this trust."
pecuniary interest financial
"disclaim beneficial ownership of the securities held by this trust except to the extent of their respective pecuniary interest therein."
indirect ownership financial
""ownership_type": "indirect","
ten percent owner financial
""is_ten_percent_owner": 1,"
FAQ
What insider transaction did PSMT director Robert E. Price report on this Form 4?
Robert E. Price reported a bona fide gift of 8,000 shares of PRICESMART INC common stock. The shares were held indirectly through the Robert and Allison Price Trust UDT 1/10/75, where he and his wife act as co-trustees.
Does this PSMT Form 4 include any option exercises or derivative transactions?
The filing shows no derivative transactions for Robert E. Price. The derivativeSummary is empty and the transactionSummary indicates zero exercises of options or other derivative securities in this Form 4.