PriceSmart Inc. Announces Amendment to CEO Compensation Structure Following September 2025 Promotion

Reuters

09/06

PriceSmart Inc. Announces Amendment to CEO Compensation Structure Following September 2025 Promotion

PriceSmart Inc. has issued a correction regarding the compensation package of its newly appointed CEO, David Price, effective September 1, 2025. Originally announced on June 17, 2025, the Compensation Committee approved an increase in Price's base salary to $2,000,000 per year, offset by a reduction in equity awards, without altering the total annual compensation. This adjustment was formalized on September 4, 2025, in an amendment to Price's employment agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PriceSmart Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001041803-25-000051), on September 05, 2025, and is solely responsible for the information contained therein.

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Announces Amendment to CEO Compensation Structure Following September 2025 Promotion","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      PriceSmart Inc. Announces Amendment to CEO Compensation Structure Following September 2025 Promotion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        PriceSmart Inc. has issued a correction regarding the compensation package of its newly appointed CEO, David Price, effective September 1, 2025. Originally announced on June 17, 2025, the Compensation Committee approved an increase in Price's base salary to $2,000,000 per year, offset by a reduction in equity awards, without altering the total annual compensation. 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Announces Amendment to CEO Compensation Structure Following September 2025 Promotion\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-09-06 04:04</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      PriceSmart Inc. Announces Amendment to CEO Compensation Structure Following September 2025 Promotion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        PriceSmart Inc. has issued a correction regarding the compensation package of its newly appointed CEO, David Price, effective September 1, 2025. Originally announced on June 17, 2025, the Compensation Committee approved an increase in Price's base salary to $2,000,000 per year, offset by a reduction in equity awards, without altering the total annual compensation. This adjustment was formalized on September 4, 2025, in an amendment to Price's employment agreement.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: 0001041803-25-000051), on September 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PSMT","symbol_name":"普爾斯瑪特","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250905:nNDL7NNvpM:1","article_id":"2565259388","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2565259388","pubTimestamp":1757102697,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"PriceSmart Inc. has issued a correction regarding the compensation package of its newly appointed CEO, David Price, effective September 1, 2025. 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