{"schema_version":"secwatch.filing_event.v1","accession":"0001041803-23-000026","form_type":"8-K/A","ticker":"PSMT","cik":"0001041803","company_name":"PRICESMART INC","filed_at":"2023-03-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.632283+00:00","generated_at":"2026-06-17T16:08:47.694455+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"PriceSmart finalizes amended employment agreement with President and COO Hildebrandt; salary $850k, equity $1.5M","bullets":["John D. Hildebrandt appointed President and COO effective Dec 9, 2022; compensation set retroactively.","Annual salary $850,000, target cash incentive $638,000, annual equity incentive $1.5 million.","Severance: 1x base salary paid over 12 months, COBRA for 12 months, accelerated equity vesting if terminated without cause after Robert Price steps down as CEO.","Agreement auto-renews annually unless either party provides 60-day notice.","Compensation approved by Compensation Committee on Jan 26, 2023; agreement executed March 22, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001041803-23-000026","json":"https://secwatch.observer/filing/0001041803-23-000026.json","markdown":"https://secwatch.observer/filing/0001041803-23-000026.md","text":"https://secwatch.observer/filing/0001041803-23-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1041803/000104180323000026/0001041803-23-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1041803/000104180323000026/psmt-20221208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T16:08:47.694455+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"50186df429","claim":"John D. Hildebrandt was appointed as President and Chief Operating Officer at PRICESMART INC.","evidence_excerpt":"John D. Hildebrandt had been appointed President and Chief Operating Officer, effective December 9, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041803/000104180323000026/0001041803-23-000026-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}