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

Role
CEO & PRESIDENT, Director
Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Stock symbol
BPOP
Transactions as of
Feb 22, 2024
Transactions value $
$3,087,591
Form type
4
Date filed
2/26/2024, 01:45 PM
Previous filing
Jan 25, 2024
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BPOP Common Stock Par Value $0.01 per share Award $1.7M +20.3K +8.55% $83.48 258K Feb 22, 2024 Direct F1, F2
transaction BPOP Common Stock Par Value $0.01 per share Tax liability -$53.2K -637 -0.25% $83.48 257K Feb 22, 2024 Direct
transaction BPOP Common Stock Par Value $0.01 per share Award $2.24M +26.8K +10.42% $83.48 284K Feb 22, 2024 Direct
transaction BPOP Common Stock Par Value $0.01 per share Tax liability -$791K -9.47K -3.34% $83.48 274K Feb 22, 2024 Direct
holding BPOP Common Stock Par Value $0.01 per share 8.1K Feb 22, 2024 By son F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.
F3 Mr. Alvarez disclaims beneficial ownership of Popular Inc.'s shares held by his son and has no investment authority over those shares.