Popular (BPOP) EVP uses 765 shares to cover equity award taxes

Rhea-AI Filing Summary

POPULAR, INC. executive vice president and chief legal officer Jose R. Coleman-Tio reported a tax-withholding disposition of common stock. On February 23, 2026, he used 765 shares of common stock, valued at $141.29 per share, to cover tax liabilities associated with equity compensation.

After this transaction, his direct holdings total 17,281.549 common shares. A footnote explains that this amount includes 95.884 shares previously acquired through automatic dividend reinvestment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Coleman-Tio Jose R.

(Last) (First) (Middle)

P O BOX 362708

(Street)

SAN JUAN PR 00936-2708

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
POPULAR, INC. [ BPOP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CHIEF LEGAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock Par Value $0.01 per share	02/23/2026		F		765	D	$141.29	17,281.549(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 95.884 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.

	Marie Reyes-Rodriguez, Attorney-in-act	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did POPULAR, INC. (BPOP) report for Jose R. Coleman-Tio?

Jose R. Coleman-Tio reported a tax-withholding disposition of shares. He used 765 shares of Popular common stock to satisfy tax liabilities related to equity awards, rather than executing an open-market buy or sell transaction, according to the Form 4 filing details.

How many POPULAR, INC. (BPOP) shares were used for Jose R. Coleman-Tio’s tax withholding?

The filing shows 765 shares of Popular common stock were disposed of for tax withholding. These shares were valued at $141.29 per share, reflecting a non-open-market transaction specifically described as covering tax obligations tied to equity compensation.

At what price per share was Jose R. Coleman-Tio’s POPULAR, INC. (BPOP) tax-withholding transaction recorded?

The tax-withholding disposition was recorded at $141.29 per share. This price applies to the 765 Popular common shares used to pay tax liabilities, as disclosed in the Form 4 under the non-derivative common stock transaction details.

How many POPULAR, INC. (BPOP) shares does Jose R. Coleman-Tio own after the reported transaction?

After the transaction, Jose R. Coleman-Tio directly owns 17,281.549 Popular common shares. This total, disclosed in the Form 4, represents his holdings following the 765-share tax-withholding disposition on February 23, 2026.

What does the dividend reinvestment footnote mean in Jose R. Coleman-Tio’s POPULAR, INC. (BPOP) filing?

The footnote explains that 95.884 of his shares were acquired through dividend reinvestment. Dividends paid by Popular were automatically used to buy additional common stock, in a transaction exempt from Section 16 under Rule 16a-11 of the Exchange Act.

Was Jose R. Coleman-Tio’s POPULAR, INC. (BPOP) transaction an open-market sale?

No, the filing describes the transaction as a tax-withholding disposition. Code F indicates payment of an exercise price or tax liability by delivering securities, meaning the 765 shares were used to cover taxes rather than sold in the open market.