Francisco Velasco, who serves as EVP - CLO, CRCO at PriceSmart Inc (NASDAQ:PSMT), disclosed the sale of 338 shares of the company’s common stock on February 13, 2026, in a Form 4 filing with the Securities and Exchange Commission. The shares were sold at $154.71 apiece, producing a total transaction value of $52,291.
Following the transaction, Velasco directly owns 75,997 shares of PriceSmart. He also holds an indirect stake of 389 shares through his spouse, as recorded in the filing.
Corporate payouts and quarterly results
In separate company disclosures, PriceSmart announced an 11.1% increase in its annual dividend, raising the payout to $1.40 per share from the prior $1.26. The company stated the dividend will be distributed in two equal installments of $0.70 per share, with scheduled payment dates of February 27 and August 31.
PriceSmart’s financials for the first quarter of fiscal 2026 showed mixed signals. The company reported earnings per share of $1.29, below the consensus estimate of $1.35, a 4.44% negative surprise relative to expectations. Revenue for the quarter was $1.38 billion, exceeding the forecasted $1.35 billion and representing a 2.22% positive surprise. These results paint a nuanced picture of the company’s near-term performance.
What the filings and results show
The Form 4 filing documents an insider sale and the updated ownership position of a senior executive. The company’s separate announcements communicate both a rise in shareholder payouts and a quarterly earnings profile that missed on EPS while topping revenue projections. Taken together, the disclosures provide concrete data points but do not include explanations for the insider transaction or detailed commentary on the drivers behind the earnings and revenue variances.
Bottom line
The public record contains the transaction details, the executive’s post-sale holdings, the dividend increase with payment dates, and the Q1 2026 results showing a modest EPS shortfall alongside a revenue beat. The available information documents company actions and outcomes without expanding on management rationale or broader strategic context.