Popular CEO withholds 10K shares for taxes
Rhea-AI Filing Summary
POPULAR, INC. (BPOP) reported that President & CEO Javier D. Ferrer had 10,486 common shares withheld on 2026-08-31 under transaction code F, described as payment of exercise price or tax liability by delivering or withholding securities at $168.19 per share. After this disposition for exercise-price-or-tax-liability purposes, he holds 85,992.371 common shares directly. An additional 1,167 shares are held indirectly by his wife, over which he disclaims beneficial ownership and has no investment authority.
Positive
- None.
Negative
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Insights
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Insider Trade Summary
Exercise Price or Tax Liability: 10,486 shares
Exercise Price or Tax Liability
2 txns
Insider
FERRER JAVIER D.
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock Par Value $0.01 per share | 10,486 | $168.19 | $1.76M |
| holding | Common Stock Par Value $0.01 per share F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock Par Value $0.01 per share — 85,992.371 shares (Direct);
Common Stock Par Value $0.01 per share — 1,167 shares (Indirect, by wife)
Footnotes (1)
- F1. Mr. Ferrer disclaims beneficial ownership of Popular, Inc.'s shares held by his wife and has no investment authority over those shares.
Key Figures
Shares delivered or withheld (Code F): 10,486 shares
Transaction price per share: $168.19 per share
Direct holdings after transaction: 85,992.371 shares
+1 more
4 metrics
Shares delivered or withheld (Code F)
10,486 shares
Common Stock on 2026-08-31 for payment of exercise price or tax liability
Transaction price per share
$168.19 per share
Code F disposition for exercise price or tax liability
Direct holdings after transaction
85,992.371 shares
Common Stock directly owned by Javier D. Ferrer after 2026-08-31 transaction
Indirect holdings by wife
1,167 shares
Common Stock held indirectly "by wife"; Ferrer disclaims beneficial ownership
Key Terms
beneficial ownership, indirect, Payment of exercise price or tax liability, nature of ownership
4 terms
beneficial ownership financial
"Mr. Ferrer disclaims beneficial ownership of Popular, Inc.'s shares held"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect financial
"total_shares_following_transaction": "1167.0000", "direct_or_indirect": "I""
Payment of exercise price or tax liability financial
"transaction_code_description": "Payment of exercise price or tax liability by"
nature of ownership financial
""nature_of_ownership": "by wife""
FAQ
What insider transaction did BPOP CEO Javier D. Ferrer report on this Form 4?
He reported a Code F transaction where 10,486 Popular, Inc. common shares were delivered or withheld on 2026-08-31 to pay exercise price or tax liability, at a reported price of $168.19 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.