Hernandez Gualberto, the Chief Financial Officer of PriceSmart Inc, has reported a transaction involving the sale of 5,563 shares of common stock. This move is significant as it showcases the financial maneuvers of a key executive within the company.

PriceSmart Inc operates in the retail variety stores sector, providing a range of products to its customers. The company is listed under the Central Index Key (CIK) 0001041803 and has been active in the market, with recent filings indicating ongoing financial activities.

According to the filing dated October 27, 2026, Gualberto executed the transaction on October 26, 2026, at a price of $170.95 per share. The filing notes, "Represents the withholding of restricted stock to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock." Following this transaction, Gualberto owns a total of 40,439 shares of PriceSmart.

This transaction may affect various stakeholders, including investors and analysts monitoring executive activities within PriceSmart. The retail variety stores sector, where PriceSmart operates, is known for its competitive nature, and movements by executives can have implications for market perceptions.

The filing does not say what happens next.

Details of the Transaction

The transaction reported by Hernandez Gualberto involved the sale of common stock valued at a total of $950,042.85, calculated by multiplying the number of shares sold (5,563) by the price per share ($170.95). This sale was executed as a means to fulfill tax obligations arising from the vesting of restricted stock.

Company Overview

PriceSmart Inc., incorporated in Delaware, operates under the Standard Industrial Classification of Retail-Variety Stores (SIC 5331). The company is headquartered at 9797 Aero Drive, San Diego, CA, and has a fiscal year ending on August 31. The company’s Central Index Key (CIK) is 0001041803, and it trades under the symbol PSMT.

Executive Profile

Hernandez Gualberto holds the position of Executive Vice President and Chief Financial Officer at PriceSmart. His role is crucial in guiding the company's financial strategy and operations, and this recent transaction reflects his ongoing involvement in managing his personal investment in the company.

The filing does not include any information regarding the reasons behind Gualberto's decision to sell these shares or any potential future plans for his remaining holdings in PriceSmart.