---
schema_version: "secwatch.filing_event.v1"
accession: "0001041803-23-000013"
form_type: "8-K/A"
ticker: "PSMT"
cik: "0001041803"
company_name: "PRICESMART INC"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:21:58.170213+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# PriceSmart boosts President & COO Hildebrandt's salary to $850k, target bonus $638k, equity $1.5M

## Summary
- John D. Hildebrandt's compensation increased retroactive to Dec. 9, 2022 promotion to President & COO.
- Salary raised to $850,000 per year; target cash incentive $638,000; annual equity incentive $1,500,000.
- Company plans to amend and restate Hildebrandt's employment agreement to reflect new terms.

## SEC filing metadata
- accession: 0001041803-23-000013
- form_type: 8-K/A
- ticker: PSMT
- cik: 0001041803
- company_name: PRICESMART INC
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: other
- 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/1041803/000104180323000013/0001041803-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041803/000104180323000013/psmt-20221208x8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001041803-23-000013
- JSON: https://secwatch.observer/filing/0001041803-23-000013.json
- Plain text: https://secwatch.observer/filing/0001041803-23-000013.txt

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