Popular (NASDAQ: BPOP) CEO uses 2,459 shares to cover tax liability

Rhea-AI Filing Summary

POPULAR, INC. President and CEO Javier D. Ferrer reported a tax-withholding disposition of 2,459 shares of common stock on February 23, 2026, at a price of $141.29 per share. This transaction satisfied tax obligations by delivering shares rather than representing an open-market sale.

After this disposition, Mr. Ferrer directly owned 94,951.64 common shares. The filing also notes 1,167 shares held indirectly by his wife, but Mr. Ferrer disclaims beneficial ownership of those shares and has no investment authority over them.

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^*

FERRER JAVIER D.

(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)
	PRESIDENT & CEO

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		2,459	D	$141.29	94,951.64(1)	D
Common Stock Par Value $0.01 per share								1,167	I(2)	by wife

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 192.995 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.

2. Mr. Ferrer disclaims beneficial ownership of Popular, Inc.'s shares held by his wife and has no investment authority over those shares.

	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.
* 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).
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FAQ

What insider transaction did BPOP President & CEO Javier D. Ferrer report?

Javier D. Ferrer reported a tax-withholding disposition of 2,459 Popular, Inc. shares. The shares were used to cover tax obligations at $141.29 per share, rather than sold in an open-market trade.

How many BPOP shares did Javier D. Ferrer dispose of for taxes?

He disposed of 2,459 common shares of Popular, Inc. for tax-withholding purposes. The transaction price was $141.29 per share, reflecting shares delivered to satisfy a tax liability instead of paying cash.

How many Popular, Inc. shares does Javier D. Ferrer own after the transaction?

After the tax-withholding disposition, Javier D. Ferrer directly owned 94,951.64 Popular, Inc. common shares. This figure reflects his remaining direct holdings following delivery of 2,459 shares to cover tax obligations on February 23, 2026.

Are the Popular, Inc. shares held by Javier D. Ferrer’s wife counted as his ownership?

The filing lists 1,167 Popular, Inc. shares held indirectly by his wife, but Mr. Ferrer disclaims beneficial ownership and has no investment authority over them, according to the footnote disclosure in the Form 4.

Was Javier D. Ferrer’s BPOP transaction an open-market sale or tax withholding?

The transaction was a tax-withholding disposition, coded “F” on the Form 4. It represents payment of tax liability by delivering shares, not an open-market sale initiated for investment or portfolio management reasons.

Did Javier D. Ferrer acquire any new Popular, Inc. shares in this Form 4?

No new shares were acquired in this Form 4. It reports a disposition of 2,459 shares for tax withholding and updates his remaining direct holdings and separately identified shares held by his wife.