David R. Price, CEO and Director of PriceSmart Inc., filed a Form 4 on September 18, 2026, disclosing the acquisition of 8,499 shares of restricted common stock on September 17, 2026, at no cost.

Key Highlights

  • Award date: 8,499 shares of restricted common stock were acquired on September 17, 2026, at a price of $0.
  • Vesting schedule: All 8,499 shares vest on October 26, 2031, subject to continued service through the vesting date.
  • Direct ownership after transaction: David R. Price directly holds 126,837 shares of common stock following the reported transaction.
  • Indirect ownership: An additional 51,305 shares are held indirectly by the David Price Trust.
  • Reporting person roles: David R. Price is identified as both a Director and the CEO of PriceSmart Inc.

PriceSmart CEO David Price Receives Long-Term Restricted Stock Grant

According to the Form 4 filed with the U.S. Securities and Exchange Commission on September 18, 2026, David R. Price, who serves as CEO and Director of NASDAQ:PSMT, received an award of 8,499 shares of PriceSmart Inc. common stock, par value $0.0001 per share, on September 17, 2026. The transaction was coded as an acquisition (Code A) at a price of $0, indicating the shares were granted rather than purchased. The filing notes that this grant constitutes "award of restricted stock subject to vesting."

The filing discloses that the 8,499 shares vest in full on October 26, 2031, conditioned on continued service through that date. Following the transaction, Price directly beneficially owns 126,837 shares. In addition, he holds 51,305 shares indirectly through the David Price Trust, bringing his total reported beneficial ownership to 178,142 shares across both direct and indirect holdings.

No derivative securities transactions were reported in Table II of the filing. The Form 4 was signed by Gualberto Hernandez on September 18, 2026, on behalf of the reporting person. The filing states it was made by one reporting person and does not indicate any amendment to a prior filing.

What Was Disclosed

PriceSmart CEO David R. Price reported the acquisition of 8,499 restricted shares at no cost on September 17, 2026, subject to vesting on October 26, 2031. His total beneficial ownership following the transaction stands at 126,837 shares directly and 51,305 shares indirectly through the David Price Trust.