---
schema_version: "secwatch.filing_event.v1"
accession: "0001041803-21-000048"
form_type: "8-K"
ticker: "PSMT"
cik: "0001041803"
company_name: "PRICESMART INC"
filed_at: "2021-12-10T23:59:59+00:00"
generated_at: "2026-06-28T01:57:39.682415+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# PriceSmart director Mitchell Lynn will not stand for re-election at next annual meeting

## Summary
- Mitchell Lynn notified PriceSmart of his decision not to stand for re-election for personal reasons.
- Lynn's departure is not based on any disagreement with the company; he served 10 years on the board.
- Effective at the company's next annual meeting of stockholders; date not specified.

## SEC filing metadata
- accession: 0001041803-21-000048
- form_type: 8-K
- ticker: PSMT
- cik: 0001041803
- company_name: PRICESMART INC
- filed_at: 2021-12-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041803/000104180321000048/0001041803-21-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041803/000104180321000048/psmt-20211206x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001041803-21-000048
- JSON: https://secwatch.observer/filing/0001041803-21-000048.json
- Plain text: https://secwatch.observer/filing/0001041803-21-000048.txt

## Key facts
- Executive change
  Mitchell Lynn departed as Director at PRICESMART INC.
  - Action: not stand for re-election
  - Role: Director
  source text: On December 6, 2021, Mitchell Lynn notified PriceSmart, Inc., a Delaware corporation (the “Company”), of his decision, for personal reasons, not to stand for re-election to the Board of Directors of the Company at the Company’s next annual meeting of stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041803/000104180321000048/0001041803-21-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.