Price Philanthropies Foundation 4
Research Summary
AI-generated summary
PriceSmart (PSMT) 10% Owner Price Philanthropies Foundation Receives Gift
What Happened Price Philanthropies Foundation, a reported 10% beneficial owner of PriceSmart (PSMT), received a gift of 12,770 shares of PriceSmart common stock on January 28, 2026. The transaction was recorded as a gift (code G) with a reported acquisition price of $0.00, so no cash changed hands and the reported value is $0.
Key Details
- Transaction date: 2026-01-28 (Period of Report and filing date: 2026-01-28; Accession: 0001193125-26-027218)
- Transaction type/code: Gift (G); Acquired 12,770 shares at $0.00 per share (reported value $0)
- Shares owned after transaction: Not disclosed in the information provided in this request (not stated)
- Insider status: Price Philanthropies Foundation is a 10% owner (institutional/beneficial owner), not an executive filing a Form 4 for routine trading
- Timeliness: Filing shows the same transaction and filing date (no late filing indicated in provided data)
Context Gifts are transfers for reasons such as estate or charitable planning and do not necessarily signal the transferee’s view of the company’s prospects. Because this involves a 10% beneficial owner (an institutional/ownership disclosure), it reflects a change in ownership records rather than an open‑market purchase or sale by a company insider.