Popular, Inc. (BPOP) director Ballester reports sale of 2,360 shares

Rhea-AI Filing Summary

Popular, Inc. director Alejandro M. Ballester reported selling 2,360 shares of common stock on January 30, 2026 at $132.50 per share. After this sale, he directly owned 57,448.673 common shares and had an additional 363.835 shares held indirectly through his son.

He also reported holding 15,824 restricted stock units, which each convert into one share of common stock. These units are scheduled to be delivered in equal annual installments each August 15 over the first five years after his service as a director ends.

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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^*

BALLESTER ALEJANDRO M

(Last) (First) (Middle)

P.O. BOX 364548

(Street)

SAN JUAN PR 00936-4548

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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	01/30/2026		S		2,360	D	$132.5	57,448.673	D
Common Stock Par Value $0.01 per share								363.835	I	By son

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
Restricted Stock Units	(1)							(2)	(2)	Common Stock Par Value $0.01 per share	15,824		15,824	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person in equal annual installments on each 15th of August of the first five years following the date of termination of service as a director.

	Marie Reyes-Rodriguez, Attorney-in-act	02/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Alejandro M. Ballester report for BPOP?

Alejandro M. Ballester reported selling 2,360 Popular, Inc. (BPOP) common shares at $132.50 each on January 30, 2026. Following this sale, he directly held 57,448.673 common shares and had additional indirect ownership through shares held by his son.

How many Popular, Inc. shares does Ballester own after this Form 4 filing?

After the reported sale, Ballester directly owned 57,448.673 Popular, Inc. common shares. The filing also shows 363.835 common shares held indirectly through his son, reflecting both his personal holdings and a small family-related indirect position in BPOP.

At what price were the BPOP shares sold in Ballester’s Form 4?

The 2,360 Popular, Inc. (BPOP) common shares were sold at $132.50 per share on January 30, 2026. This per-share price comes directly from the reported transaction details in the Form 4 insider trading disclosure.

What restricted stock units does Ballester hold in Popular, Inc. (BPOP)?

Ballester holds 15,824 restricted stock units that each convert into one Popular, Inc. common share. These units are issued in equal annual installments every August 15 for five years after his service as a director ends, according to the filing’s footnotes.

How is indirect ownership reported for BPOP in Ballester’s Form 4?

The Form 4 discloses 363.835 Popular, Inc. common shares as indirectly owned “By son.” This means a portion of Ballester’s reported beneficial ownership is held in his son’s name, separate from his directly owned 57,448.673 common shares.