---
schema_version: "secwatch.filing_event.v1"
accession: "0001041803-25-000051"
form_type: "8-K/A"
ticker: "PSMT"
cik: "0001041803"
company_name: "PRICESMART INC"
filed_at: "2025-09-05T23:59:59+00:00"
generated_at: "2026-05-17T07:50:13.962346+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PriceSmart adjusts CEO David Price's comp mix; salary up $500K, equity target down $500K

## Summary
- Total annual compensation unchanged at ~$5M; salary raised to $2M from $1.5M.
- Target annual equity vesting reduced to $2.5M from $3M; cash bonus remains $500K.
- Amendment to employment agreement dated Sept 4, 2025, retroactive to Sept 1, 2025.
- Changes approved by Compensation Committee without altering total pay package.

## SEC filing metadata
- accession: 0001041803-25-000051
- form_type: 8-K/A
- ticker: PSMT
- cik: 0001041803
- company_name: PRICESMART INC
- filed_at: 2025-09-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041803/000104180325000051/0001041803-25-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041803/000104180325000051/psmt-20250228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001041803-25-000051
- JSON: https://secwatch.observer/filing/0001041803-25-000051.json
- Plain text: https://secwatch.observer/filing/0001041803-25-000051.txt

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