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AI brief of an SEC Form 8-K · PriceSmart (PSMT)

PriceSmart Re-Elects Board, Approves Plan Amendment and $1.26 Annual Dividend

Neutral Impact 2 of 5 shareholder Written later

At its February 6, 2025 annual meeting, PriceSmart stockholders re-elected all 11 board nominees, approved an advisory say-on-pay vote, approved a 750,000-share increase to the equity incentive plan, and ratified Ernst & Young as auditor. The board also declared an annual cash dividend of $1.26 per share, payable in two installments, and said future dividends remain subject to its discretion.

Key points

  • Annual meeting held February 6, 2025; all 11 director nominees re-elected
  • Equity incentive plan amended to add 750,000 shares available for awards; 26,175,038 votes for versus 2,077,916 against
  • Annual dividend of $1.26 per share: $0.63 payable February 28, 2025 (record date February 18, 2025) and $0.63 payable August 29, 2025 (record date August 15, 2025)

The filing

CompanyPriceSmart (PSMT)
Form8-K, current report
Filed with the SECFeb 7, 2025, 4:01 PM ET
Accession number0001041803-25-000011

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 07, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.