Popular (NASDAQ: BPOP) EVP sells 6,200 shares, holds 11,255 remaining
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
POPULAR, INC. Executive Vice President Maria Cristina Gonzalez-Noguera reported an open-market sale of 6,200 shares of common stock on May 1, 2026 at a weighted average price of $148.514 per share. After this sale, she directly holds 11,255.263 common shares, including 97.799 shares acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,200 shares ($920,787)
Net Sell
1 txn
Insider
GONZALEZ-NOGUERA MARIA CRISTINA
Role
Executive Vice President
Sold
6,200 shs ($921K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock Par Value $0.01 per share | 6,200 | $148.514 | $921K |
Holdings After Transaction:
Common Stock Par Value $0.01 per share — 11,255.263 shares (Direct, null)
Footnotes (1)
- This price is a weighted average price. These shares were sold in multiple transactions ranging from $148.45 and $148.825, inclusive. The reporting person undertakes to provide the Corporation, any security holder of the Corporation, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the ranges set forth in this footnote. Includes 97.799 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.
Key Figures
Shares sold: 6,200 shares
Weighted average sale price: $148.514 per share
Price range of sales: $148.45–$148.825 per share
+2 more
5 metrics
Shares sold
6,200 shares
Open-market sale on May 1, 2026
Weighted average sale price
$148.514 per share
Open-market sale of common stock
Price range of sales
$148.45–$148.825 per share
Multiple transactions comprising the reported sale
Shares owned after transaction
11,255.263 shares
Direct common stock holdings following sale
Dividend reinvestment shares
97.799 shares
Acquired via dividend reinvestment under Rule 16a-11
Key Terms
weighted average price, Section 16, Rule 16a-11, open-market sale
4 terms
weighted average price financial
"This price is a weighted average price. These shares were sold in multiple transactions..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Section 16 regulatory
"The shares were acquired in transaction exempt from Section 16 of the Securities Exchange Act of 1934..."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-11 regulatory
"pursuant to reinvestment of dividends paid by the Corporation... pursuant to Rule 16a-11 thereunder."
open-market sale financial
"transaction_action: "open-market sale" with transaction code "S"."
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.
FAQ
What insider transaction did POPULAR, INC. (BPOP) report for Maria Cristina Gonzalez-Noguera?
POPULAR, INC. reported that Executive Vice President Maria Cristina Gonzalez-Noguera sold 6,200 common shares in an open-market transaction. The sale involved common stock with a par value of $0.01 per share and was recorded on May 1, 2026.
What type of transaction is disclosed in this POPULAR, INC. (BPOP) Form 4?
The Form 4 discloses an open-market sale of POPULAR, INC. common stock, coded as “S.” This indicates a sale in the open market or a private transaction, rather than a grant, option exercise, gift, or tax-withholding event.