Ignacio Alvarez - 22 Feb 2022 Form 4 Insider Report for POPULAR, INC. (BPOP)

Reporting relationship: CEO & PRESIDENT, Director
Issuer ticker: BPOP
Reported as of: 22 Feb 2022
Net transaction value: -$1,090,420
SEC form: 4
Accepted by SEC: 24 Feb 2022, 12:59:54 UTC
Prior SEC filing: 01 Feb 2022
Next SEC filing: 25 Feb 2022
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 24 Feb 2022.

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: 24 Feb 2022, 12:59.

Change

Previous filing in this sequence was filed on 01 Feb 2022.
Current net transaction value: -$1,090,420.

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: $0
Shares: +33,016
Change %: +19%
Price: $0.000000
Shares after: 204,108
Date: 22 Feb 2022
Ownership: Direct
Footnotes: F1

BPOP transaction

Common Stock Par Value $0.01 per share

Tax liability

Transaction value: $1,043,827
Shares: -11,672
Change %: -5.7%
Price: $89.43
Shares after: 192,436
Date: 22 Feb 2022
Ownership: Direct

BPOP transaction

Common Stock Par Value $0.01 per share

Award

Transaction value: $0
Shares: +16,606
Change %: +8.6%
Price: $0.000000
Shares after: 209,042
Date: 22 Feb 2022
Ownership: Direct
Footnotes: F2

BPOP transaction

Common Stock Par Value $0.01 per share

Tax liability

Transaction value: $46,593
Shares: -521
Change %: -0.25%
Price: $89.43
Shares after: 208,521
Date: 22 Feb 2022
Ownership: Direct

BPOP holding

Common Stock Par Value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 7,643
Date: 22 Feb 2022
Ownership: by son
Footnotes: F3, F4

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Includes 401.733 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.

Footnote F2

Award of restricted stock pursuant to Popular, Inc.'s Omnibus Incentive Plan. The award vests in equal annual installments on each of February 23, 2023, 2024, 2025 and 2026.

Footnote F3

Includes 37.509 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 F4

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