Shweta Bhatia, Executive Vice President and Chief Information Officer of PriceSmart Inc (NASDAQ:PSMT), filed a Form 4 on September 18, 2026, disclosing the acquisition of 26,913 shares of common stock through a restricted stock award dated September 17, 2026.

Key Highlights

  • Award size: 26,913 shares of Common Stock, $0.0001 par value per share, acquired at a price of $0.
  • Transaction code: "A" (Award), recorded on September 17, 2026.
  • Post-transaction ownership: Bhatia beneficially owns 26,913 shares directly following the reported transaction.
  • Vesting schedule: Shares vest in five tranches between October 26, 2027 and October 26, 2031, subject to continued service through each vesting date.
  • Reporting person role: Shweta Bhatia is identified as EVP and CIO of PriceSmart Inc.

PriceSmart Restricted Stock Grant Details for EVP and CIO Shweta Bhatia

According to the Form 4 filed with the SEC on September 18, 2026, Shweta Bhatia received an award of 26,913 restricted shares of PriceSmart Inc common stock on September 17, 2026. The filing identifies Bhatia as Executive Vice President and Chief Information Officer. The shares were acquired at a price of $0 and are held directly, bringing her total beneficial ownership following the transaction to 26,913 shares.

The filing discloses that the award is subject to a multi-year vesting schedule tied to continued service. Specifically, the filing states that 7,082 shares vest on October 26, 2027; 5,666 shares vest on October 26, 2028; 5,666 shares vest on October 26, 2029; 5,666 shares vest on October 26, 2030; and 2,833 shares vest on October 26, 2031, each conditional on continued service through the applicable vesting date.

The filing was signed by Gualberto Hernandez on September 18, 2026, on behalf of the reporting person. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

PriceSmart Inc (NASDAQ:PSMT) disclosed a restricted stock award of 26,913 shares to EVP and CIO Shweta Bhatia, granted on September 17, 2026, at $0 per share, with vesting occurring in five tranches from 2027 through 2031 subject to continued service.