Popular (BPOP) EVP logs tax-withholding share disposition

Rhea-AI Filing Summary

POPULAR, INC. Executive Vice President Eduardo J. Negron reported a Form 4 transaction involving a tax-related share disposition. On this filing, 655 shares of common stock were disposed of at $141.29 per share to cover tax liability, rather than through an open-market sale. After this transaction, he directly holds 36,905.389 common shares. This total includes 199.565 shares acquired earlier 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

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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^*

NEGRON EDUARDO J.

(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)
	Executive Vice President

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		655	D	$141.29	36,905.389(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 199.565 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.
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FAQ

What insider transaction did POPULAR, INC. (BPOP) report for Eduardo J. Negron?

POPULAR, INC. reported that Executive Vice President Eduardo J. Negron disposed of 655 common shares to cover tax obligations. The Form 4 shows this as a tax-withholding disposition, not an open-market trade, at a reported price of $141.29 per share.

Was the BPOP insider transaction by Eduardo J. Negron an open-market sale?

No, the transaction was not an open-market sale. The Form 4 labels it as a tax-withholding disposition, meaning shares were withheld or delivered to satisfy tax liability, rather than voluntarily sold into the market for investment purposes.

How many POPULAR, INC. (BPOP) shares does Eduardo J. Negron hold after this Form 4?

After the reported tax-withholding disposition, Eduardo J. Negron directly holds 36,905.389 POPULAR, INC. common shares. This reported balance reflects his remaining beneficial ownership following the 655-share disposition on the transaction date disclosed in the Form 4.

At what price were the BPOP shares disposed of in Eduardo J. Negron’s Form 4?

The Form 4 lists a transaction price of $141.29 per POPULAR, INC. common share. This price applies to the 655 shares disposed of as part of the tax-withholding arrangement, which satisfied tax obligations associated with equity compensation.

Does Eduardo J. Negron’s BPOP holding include dividend reinvestment shares?

Yes. A Form 4 footnote states that his holding includes 199.565 shares acquired through dividend reinvestment. These shares came from dividends paid by POPULAR, INC. and were acquired in a transaction exempt from Section 16 under Rule 16a-11.

What does transaction code "F" mean in the BPOP Form 4 for Eduardo J. Negron?

Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this case, the 655 POPULAR, INC. shares were used to satisfy tax obligations tied to equity awards, rather than representing a discretionary market trade.