John Hildebrandt, an officer at PriceSmart, Inc., has filed a notice to sell 11,834 shares of the company’s common stock. This transaction, valued at approximately $1.99 million, was reported in a recent SEC filing dated November 2, 2026. The sale follows Hildebrandt's acquisition of the shares just days earlier on October 26, 2026.

The filing indicates that the shares were acquired as restricted stock from the issuer, PriceSmart, Inc. This move is significant as it reflects ongoing activity among executives in the retail variety stores sector, where such transactions are common.

Background

PriceSmart, Inc. operates in the retail variety stores sector. The company is incorporated in Delaware and has its business address at 9797 Aero Drive, San Diego, CA. PriceSmart is listed on NASDAQ under the SEC file number 000-22793. The company focuses on providing a variety of retail products to its customers, competing with other players in the industry.

What the Filing Says

The SEC filing reveals that Hildebrandt acquired the shares on October 26, 2026, and plans to sell them on November 2, 2026. The aggregate market value of the shares to be sold is reported as $1,990,852.79. The filing also notes that there were no securities sold by Hildebrandt in the past three months.

Impact

This transaction may affect investors and stakeholders in PriceSmart, Inc. as it reflects the actions of an officer within the company. Such sales can influence perceptions of the company's performance and executive confidence, especially in the retail variety stores sector.

What's Next

The filing does not say what happens next.