Ignacio Alvarez - 22 Feb 2024 Form 4 Insider Report for POPULAR, INC. (BPOP)

Reporting relationship: CEO & PRESIDENT, Director
Issuer ticker: BPOP
Reported as of: 22 Feb 2024
Net transaction value: +$3,087,591
SEC form: 4
Accepted by SEC: 26 Feb 2024, 13:45:21 UTC
Prior SEC filing: 25 Jan 2024
Next SEC filing: 27 Feb 2024
Source filing: View source filing
Reporting owner signature: Marie Reyes-Rodriguez, Attorney-in-fact

Key filing fact

Ignacio Alvarez filed Form 4 for POPULAR, INC. (BPOP) on 26 Feb 2024.

Key facts

This page summarizes Ignacio Alvarez's Form 4 filing for POPULAR, INC. (BPOP).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 26 Feb 2024, 13:45.

Change

Previous filing in this sequence was filed on 25 Jan 2024.
Current net transaction value: +$3,087,591.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BPOP transaction

Common Stock Par Value $0.01 per share

Award

Transaction value: $1,695,061
Shares: +20,305
Change %: +8.6%
Price: $83.48
Shares after: 257,707
Date: 22 Feb 2024
Ownership: Direct
Footnotes: F1, F2

BPOP transaction

Common Stock Par Value $0.01 per share

Tax liability

Transaction value: $53,177
Shares: -637
Change %: -0.25%
Price: $83.48
Shares after: 257,070
Date: 22 Feb 2024
Ownership: Direct

BPOP transaction

Common Stock Par Value $0.01 per share

Award

Transaction value: $2,236,262
Shares: +26,788
Change %: +10%
Price: $83.48
Shares after: 283,858
Date: 22 Feb 2024
Ownership: Direct

BPOP transaction

Common Stock Par Value $0.01 per share

Tax liability

Transaction value: $790,556
Shares: -9,470
Change %: -3.3%
Price: $83.48
Shares after: 274,388
Date: 22 Feb 2024
Ownership: Direct

BPOP holding

Common Stock Par Value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 8,101
Date: 22 Feb 2024
Ownership: By son
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Award of restricted stock pursuant to Popular, Inc.'s Omnibus Incentive Plan. The award vests in equal annual installments on each of February 23, 2025, 2026, 2027, 2028.

Footnote F2

Includes 565.744 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transaction exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.

Footnote F3

Mr. Alvarez disclaims beneficial ownership of Popular Inc.'s shares held by his son and has no investment authority over those shares.