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

Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Issuer symbol
BPOP
Transactions as of
22 Feb 2024
Net transactions value
+$3,087,591
Form type
4
Filing time
26 Feb 2024, 13:45:21 UTC
Previous filing
25 Jan 2024
Next filing
27 Feb 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 $1,695,061 +20,305 +8.6% $83.48 257,707 22 Feb 2024 Direct F1, F2
transaction BPOP Common Stock Par Value $0.01 per share Tax liability $53,177 -637 -0.25% $83.48 257,070 22 Feb 2024 Direct
transaction BPOP Common Stock Par Value $0.01 per share Award $2,236,262 +26,788 +10% $83.48 283,858 22 Feb 2024 Direct
transaction BPOP Common Stock Par Value $0.01 per share Tax liability $790,556 -9,470 -3.3% $83.48 274,388 22 Feb 2024 Direct
holding BPOP Common Stock Par Value $0.01 per share 8,101 22 Feb 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.