[Form 4] POPULAR, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
POPULAR, INC. director Myrna Soto reported a routine share disposition related to taxes. On May 8, 2026, she surrendered 206 shares of common stock at $149.01 per share as a tax-withholding disposition, meaning shares were delivered to cover tax obligations rather than sold on the open market. After this transaction, she directly held 4,533.388 shares of common stock. The filing also notes restricted stock units that convert into common stock on a one-for-one basis, which are issued after her service as a director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Soto Myrna
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock Par Value $0.01 per share | 206 | $149.01 | $31K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock Par Value $0.01 per share — 4,533.388 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null)
Footnotes (1)
- 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 on the 15th of August following the date of termination of service as a director.
Key Figures
Tax-withholding shares: 206 shares
Tax-withholding price: $149.01 per share
Shares held after transaction: 4,533.388 shares
+3 more
6 metrics
Tax-withholding shares
206 shares
Common stock delivered for tax liability (code F)
Tax-withholding price
$149.01 per share
Value assigned to 206 shares used for tax withholding
Shares held after transaction
4,533.388 shares
Direct common stock holdings following tax-withholding disposition
Derivative exercise price
$0.00
Restricted Stock Units exercise price shown as 0.0000
Tax-withholding transactions
1 transaction
Form 4 transaction summary taxWithholdingCount
Tax-withholding shares summary
206 shares
Form 4 transactionSummary taxWithholdingShares
Key Terms
Restricted Stock Units, tax-withholding disposition, Common Stock Par Value $0.01 per share
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 206 common shares."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Popular, Inc. (BPOP) director Myrna Soto report?
Myrna Soto reported a tax-related share disposition. She delivered 206 Popular, Inc. common shares to cover tax obligations, rather than selling them in the market, while remaining a direct holder of 4,533.388 shares afterward.
Was the Popular, Inc. (BPOP) transaction an open-market sale or tax withholding?
The transaction was tax withholding, not an open-market sale. The Form 4 uses code F, described as payment of tax liability by delivering securities, indicating shares were surrendered to cover taxes rather than actively sold to other investors.
What do the restricted stock units for Popular, Inc. (BPOP) directors represent?
The restricted stock units convert into Popular, Inc. common stock on a one-for-one basis. According to the footnotes, they are issued as shares on the 15th of August following the director’s termination of service, aligning delivery with board tenure.