Stock awards and tax-share use by POPULAR, INC. (BPOP) executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
POPULAR, INC. Executive Vice President Lidio Soriano reported equity compensation activity in common stock. He received two stock grants totaling 6,840 shares at no cash cost, including an award of restricted stock under Popular, Inc.'s Omnibus Incentive Plan that vests in equal annual installments on February 23 of 2027, 2028, 2029 and 2030.
On the same date, a total of 1,173 shares were disposed of at $141.31 per share to satisfy exercise price or tax withholding obligations. After these transactions, Soriano directly owned 109,322.328 shares of Popular common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Soriano Lidio
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Par Value $0.01 per share | 3,858 | $0.00 | -- |
| Tax Withholding | Common Stock Par Value $0.01 per share | 1,079 | $141.31 | $152K |
| Grant/Award | Common Stock Par Value $0.01 per share | 2,982 | $0.00 | -- |
| Tax Withholding | Common Stock Par Value $0.01 per share | 94 | $141.31 | $13K |
Holdings After Transaction:
Common Stock Par Value $0.01 per share — 107,513.328 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did BPOP executive Lidio Soriano report?
Lidio Soriano reported receiving two stock grants totaling 6,840 Popular, Inc. common shares and disposing of 1,173 shares to cover exercise price or tax liabilities. All transactions involved common stock with a par value of $0.01 per share.
Were the BPOP insider transactions open-market buys or sells?
The transactions were not open-market trades. Shares were acquired through equity awards at no cash cost and disposed of under code F, meaning shares were delivered to satisfy exercise price or tax withholding obligations, rather than sold in the open market.
What is the vesting schedule of Lidio Soriano’s BPOP restricted stock award?
The award of restricted stock vests in equal annual installments on February 23 of 2027, 2028, 2029 and 2030. These shares were granted under Popular, Inc.'s Omnibus Incentive Plan as part of Soriano’s equity-based compensation.
What type of security was involved in Lidio Soriano’s BPOP Form 4?
All transactions involved Popular, Inc. common stock with a par value of $0.01 per share. The filing covers non-derivative equity awards and related tax-withholding dispositions associated with Soriano’s role as Executive Vice President.