Popular executive has 87 shares withheld for taxes

Rhea-AI Filing Summary

POPULAR, INC. Senior VP & Comptroller Denissa Rodriguez Adorno reported a small, routine tax-related share disposition. On April 27, 2026, 87 shares of common stock were withheld at $150.62 per share to cover tax obligations, a non-market transaction coded as a tax-withholding disposition.

After this event, she directly holds about 3,037.061 shares of Popular common stock. This total includes 16.594 shares previously acquired through dividend reinvestments under transactions exempt from Section 16 of the Securities Exchange Act.

Insider Trade Summary

Exercise Price or Tax Liability: 87 shares

Exercise Price or Tax Liability 1 txn

Insider Rodriguez Adorno Denissa

Role Senior VP & Comptroller

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock Par Value $0.01 per share	87	$150.62	$13K

Holdings After Transaction: Common Stock Par Value $0.01 per share — 3,037.061 shares (Direct)

Footnotes (1)

1. F1. Includes 16.594 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.

Key Figures

Tax-withholding shares: 87 shares Tax-withholding price: $150.62 per share Shares held after transaction: 3,037.061 shares +1 more

4 metrics

Tax-withholding shares 87 shares Common stock withheld on April 27, 2026 for taxes

Tax-withholding price $150.62 per share Value used for the 87-share tax-withholding disposition

Shares held after transaction 3,037.061 shares Direct BPOP common stock holdings after April 27, 2026 event

Dividend reinvestment shares 16.594 shares Portion of holdings acquired via dividend reinvestment under Rule 16a-11

Key Terms

tax-withholding disposition, Section 16, Rule 16a-11, dividend reinvestment

4 terms

tax-withholding disposition financial

"The filing classifies the event as a tax-withholding disposition of 87 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.

Section 16 regulatory

"The shares were acquired in transactions 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

"Transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder."

dividend reinvestment financial

"Includes 16.594 shares acquired pursuant to reinvestment of dividends paid by the Corporation."

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did POPULAR, INC. (BPOP) report for Denissa Rodriguez Adorno?

POPULAR, INC. reported that Senior VP & Comptroller Denissa Rodriguez Adorno had 87 shares of common stock withheld on April 27, 2026 to satisfy tax obligations. The filing classifies this as a tax-withholding disposition, not an open-market purchase or sale.

Was the BPOP Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 87 shares were delivered at $150.62 per share to cover tax liabilities related to equity compensation, a routine non-market mechanism commonly used for withholding obligations.

How many BPOP shares does Denissa Rodriguez Adorno hold after this Form 4?

After the tax-withholding transaction, Denissa Rodriguez Adorno directly holds about 3,037.061 shares of Popular common stock. This total includes 16.594 shares previously acquired through dividend reinvestment under transactions exempt from Section 16 reporting rules.

What price per share was used for the BPOP tax-withholding on April 27, 2026?

The tax-withholding disposition used a value of $150.62 per share for the 87 shares delivered. This figure appears in the Form 4 as the transaction price per share for the non-derivative common stock used to satisfy the reporting person’s tax liability.

What does the dividend reinvestment footnote mean in the BPOP Form 4?

The footnote explains that 16.594 shares in Denissa Rodriguez Adorno’s holdings were acquired via dividend reinvestment. These dividend reinvestment transactions were exempt from Section 16 reporting under Rule 16a-11, meaning they did not require standard insider transaction reporting when they occurred.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/28/2026 - 01:34 PM EDT Learn about SEC filing dates

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
Estimated average burden
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^*

Rodriguez Adorno Denissa

(Last) (First) (Middle)

P O BOX 362708

(Street)

SAN JUAN PUERTO RICO 00936-2708

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	Senior VP & Comptroller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/27/2026		F		87	D	$150.62	3,037.061(1)	D

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 16.594 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.

	Marie Reyes-Rodriguez, Attorney-in-act	04/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)