Last updated: 3 September 2024 at 2:03pm EST

Francisco J. Velasco Net Worth




The estimated Net Worth of Francisco Velasco is at least $8.3 Million dollars as of 29 August 2024. Mr Velasco owns over 670 units of Pricesmart stock worth over $6,785,149 and over the last 8 years he sold PSMT stock worth over $632,235. In addition, he makes $885,058 as Exec. VP, Gen. Counsel, and Corp. Sec. and Chief Ethics & Compliance Officer at Pricesmart.

Mr Velasco PSMT stock SEC Form 4 insiders trading

Mr has made over 4 trades of the Pricesmart stock since 2021, according to the Form 4 filled with the SEC. Most recently he sold 670 units of PSMT stock worth $59,664 on 29 August 2024.

The largest trade he's ever made was selling 4,000 units of Pricesmart stock on 13 April 2023 worth over $310,440. On average, Mr trades about 249 units every 44 days since 2016. As of 29 August 2024 he still owns at least 79,470 units of Pricesmart stock.

You can see the complete history of Mr Velasco stock trades at the bottom of the page.





Mr. Francisco J. Velasco biography

Francisco J. Velasco is the Exec. VP, Gen. Counsel, Corp. Sec. and Chief Ethics & Compliance Officer at Pricesmart.

What is the salary of Mr Velasco?

As the Exec. VP, Gen. Counsel, and Corp. Sec. and Chief Ethics & Compliance Officer of Pricesmart, the total compensation of Mr Velasco at Pricesmart is $885,058. There are 5 executives at Pricesmart getting paid more, with Sherry Bahrambeygui having the highest compensation of $6,014,560.



How old is Mr Velasco?

Mr Velasco is 50, he's been the Exec. VP, Gen. Counsel, and Corp. Sec. and Chief Ethics & Compliance Officer of Pricesmart since . There are 24 older and 2 younger executives at Pricesmart. The oldest executive at Pricesmart Inc. is Robert E. Price, 79, who is the Founder & Independent Chairman.

Insiders trading at Pricesmart

Over the last 21 years, insiders at Pricesmart have traded over $396,466,547 worth of Pricesmart stock and bought 29,525,115 units worth $237,741,287 . The most active insiders traders include Robert E Price, Sol Price, and Jack Mcgrory. On average, Pricesmart executives and independent directors trade stock every 15 days with the average trade being worth of $6,053,613. The most recent stock trade was executed by Francisco Velasco on 29 August 2024, trading 670 units of PSMT stock currently worth $59,664.



What does Pricesmart do?

pricesmart, inc. (nasdaq: psmt) es el operador más grande de clubes de compra por membresía en américa central y el caribe, ahora ingresando en sur américa atreves de colombia. atendemos a más de un millón de socios en 31 clubes a lo largo de 12 países y un territorio no incorporado de los estados unidos. pricesmart fue desarrollado por sol y robert price, fundadores de the price club. robert price es el presidente de la junta administrativa. el modelo de compra con membresía de pricesmart es similar en muchos aspectos a los clubes de los estados unidos como costco y sam’s, pero presenta algunas diferencias: ● tamaño de tienda más pequeño (50.000 a 75.000 pies cuadrados) para adaptarse al tamaño de los mercados en que funcionamos ● costo de membresía más bajo (un promedio de $35.00) ● mercadería personalizada a las preferencias locales y los clientes minoristas y mayoristas actualmente se pueden encontrar clubes de pricesmart en los siguientes países: colombia (3), costa rica (5



What does Pricesmart's logo look like?

Pricesmart Inc. logo

Complete history of Mr Velasco stock trades at Pricesmart

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
29 Aug 2024 Francisco Velasco
EVP, GC, and Secretary
Sale 670 $89.05 $59,664
29 Aug 2024
79,470
24 Jan 2024 Francisco Velasco
EVP, GC, and Secretary
Sale 1,298 $87.00 $112,926
24 Jan 2024
81,751
13 Apr 2023 Francisco Velasco
EVP, GC, and Secretary
Sale 4,000 $77.61 $310,440
13 Apr 2023
29,694
12 Jan 2021 Francisco Velasco
EVP, GC, and Secretary
Sale 1,500 $99.47 $149,205
12 Jan 2021
21,383


Pricesmart executives and stock owners

Pricesmart executives and other stock owners filed with the SEC include: