Gualberto Hernandez, Executive Vice President and Chief Financial Officer of PriceSmart Inc, filed a Form 4 on October 26, 2026, reporting the withholding of 5,563 shares of common stock to satisfy tax obligations upon the vesting of restricted stock.

Key Highlights

  • Reporting person: Gualberto Hernandez, EVP and Chief Financial Officer of PriceSmart Inc (NASDAQ:PSMT)
  • Transaction date: October 26, 2026
  • Transaction code: F - withholding of 5,563 shares of Common Stock, $0.0001 par value per share, at a price of $170.95 per share
  • Purpose: According to the filing, the shares represent "the withholding of restricted stock to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock"
  • Beneficial ownership following transaction: 40,439 shares held directly
  • Filing type: Filed by one reporting person; no derivative securities transactions were reported

PriceSmart CFO Reports Tax-Related Share Withholding on Restricted Stock Vesting

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Gualberto Hernandez, who serves as Executive Vice President and Chief Financial Officer of PriceSmart Inc (NASDAQ:PSMT), reported a single transaction involving common stock on October 26, 2026. The transaction was coded "F," indicating shares withheld by the issuer, rather than an open-market sale.

The filing discloses that 5,563 shares of Common Stock, $0.0001 par value per share, were disposed of at a price of $170.95 per share. The filing states this represents "the withholding of restricted stock to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock." Following this transaction, Hernandez beneficially owned 40,439 shares directly, according to the filing.

No derivative securities transactions were reported in Table II of the filing. The Form 4 was filed as a single-person report, signed by Francisco Velasco on October 26, 2026, the same date as the reported transaction. No amendment date was indicated, and no box was checked to indicate the transaction was made pursuant to a Rule 10b5-1(c) plan.

What Was Disclosed

PriceSmart's CFO Gualberto Hernandez reported the withholding of 5,563 shares of common stock at $170.95 per share on October 26, 2026, to cover tax obligations on vesting restricted stock, leaving him with direct beneficial ownership of 40,439 shares.