What price did Alejandro M. Ballester receive per share in the POPULAR, INC. (BPOP) sale?

The Form 4 shows that Alejandro M. Ballester sold 23,000 POPULAR, INC. common shares at $150.00 per share. This implies a transaction value of approximately $3.45 million, based solely on the disclosed share count and sale price in the filing.

Popular (NASDAQ: BPOP) director sells 23,000 shares in reported Form 4

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

POPULAR, INC. director Alejandro M. Ballester reported an open-market sale of 23,000 shares of common stock at $150.00 per share. After this transaction, he directly holds 34,587.716 common shares. The filing also references restricted stock units that convert into common stock on a one-for-one basis following termination of service as a director.

Insights

Director sells $3.45M in stock but retains a substantial position.

Alejandro M. Ballester, a director of POPULAR, INC., executed an open-market sale of 23,000 common shares at $150.00 per share, a transaction value of about $3.45M. Following the sale, he continues to hold 34,587.716 common shares directly.

The filing also notes restricted stock units that convert into common stock on a one-for-one basis, with issuance in equal annual installments after termination of board service. A footnote states he no longer has a reportable beneficial interest in 365.678 shares owned by his son, clarifying prior reported holdings.

Overall, this is a net-sell Form 4, but the director maintains a meaningful equity stake. The disclosure is routine and primarily updates the market on his current direct ownership and the structure of his deferred restricted stock units.

Insider Trade Summary

Net Seller: 23,000 shares ($3,450,000)

Net Sell 2 txns

Insider BALLESTER ALEJANDRO M

Role null

Sold 23,000 shs ($3.45M)

Type	Security	Shares	Price	Value
Sale	Common Stock Par Value $0.01 per share	23,000	$150.00	$3.45M
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Common Stock Par Value $0.01 per share — 34,587.716 shares (Direct, null); Restricted Stock Units — 0 shares (Direct, null)

Footnotes (1)

The reporting person no longer has a reportable beneficial interest in 365.678 shares of the Corporation's common stock owned by his son and included in the reporting person's prior ownership reports. Restricted stock units convert into common stock on a one-for-one basis. Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person in equal annual installments on each 15th of August of the first five years following the date of termination of service as a director.

Key Figures

Shares sold: 23,000 shares Sale price: $150.00 per share Approximate transaction value: $3.45M +3 more

6 metrics

Shares sold 23,000 shares Open-market sale of common stock

Sale price $150.00 per share Price for the 23,000 shares sold

Approximate transaction value $3.45M 23,000 shares sold at $150.00

Shares held after transaction 34,587.716 shares Director’s direct common stock holdings post-sale

Shares no longer beneficially owned 365.678 shares Stock owned by the director’s son, removed from reportable interest

RSU conversion ratio 1:1 Restricted stock units convert into one share of common stock each

Key Terms

Restricted Stock Units, open-market sale, beneficial interest

3 terms

Restricted Stock Units financial

"Restricted stock units convert into common stock on a one-for-one basis."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

open-market sale financial

"transaction_action: open-market sale of common stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

beneficial interest financial

"no longer has a reportable beneficial interest in 365.678 shares"

Form 4 Insider Transactions: What Each Field Means →

05/01/2026 - 11:01 AM

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^*

BALLESTER ALEJANDRO M

(Last)

(First)

(Middle)

P.O. BOX 364548

(Street)

SAN JUAN

PUERTO RICO

00936-4548

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock Par Value $0.01 per share	04/30/2026		S		23,000	D	$150	34,587.716⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾							⁽³⁾	⁽³⁾	Common Stock Par Value $0.01 per share	0		15,915	D

Explanation of Responses:

1. The reporting person no longer has a reportable beneficial interest in 365.678 shares of the Corporation's common stock owned by his son and included in the reporting person's prior ownership reports.

2. Restricted stock units convert into common stock on a one-for-one basis.

3. Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person in equal annual installments on each 15th of August of the first five years following the date of termination of service as a director.

	Marie Reyes-Rodriguez, Attorney-in-act	05/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did POPULAR, INC. (BPOP) disclose for Alejandro M. Ballester?

POPULAR, INC. reported that director Alejandro M. Ballester executed an open-market sale of 23,000 common shares. The shares were sold at a price of $150.00 per share, and the Form 4 updates his remaining direct ownership position after the transaction.

How many POPULAR, INC. (BPOP) shares does Alejandro M. Ballester hold after this Form 4?

After the reported sale, Alejandro M. Ballester directly holds 34,587.716 shares of POPULAR, INC. common stock. This post-transaction figure reflects his remaining equity stake following the open-market disposition of 23,000 shares at $150.00 per share.

Does the POPULAR, INC. (BPOP) Form 4 include any information on restricted stock units?

Yes. The filing references restricted stock units that convert into common stock on a one-for-one basis. These units are scheduled to be issued in equal annual installments on each August 15 of the first five years after the director’s service terminates, according to the footnotes.

What does the POPULAR, INC. (BPOP) Form 4 say about shares held by Alejandro M. Ballester’s family?

A footnote explains that Alejandro M. Ballester no longer has a reportable beneficial interest in 365.678 shares of POPULAR, INC. common stock owned by his son. Those shares had been included in his prior ownership reports but are no longer counted as his beneficial holdings.

Is the reported POPULAR, INC. (BPOP) transaction classified as a buy or a sell?

The key transaction in the Form 4 is classified as an open-market sale. Alejandro M. Ballester sold 23,000 shares of POPULAR, INC. common stock, and the transaction is coded as an “S” sale with a transaction action described as an open-market sale in the filing data.