POPULAR, INC. (BPOP) EVP sells 3,000 shares, retains over 107,000
Rhea-AI Filing Summary
POPULAR, INC. Executive Vice President Lidio Soriano reported selling 3,000 shares of common stock on August 10, 2026 in an open-market transaction at a weighted average price of $174.505 per share, with individual trades ranging from $174.50 to $174.60. Following this sale, Soriano directly holds 107,319.879 shares, which include 997.551 shares acquired through dividend reinvestment transactions exempt from Section 16 under Rule 16a-11. The filing does not indicate use of a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
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Insider Trade Summary
Net Seller: 3,000 shares
Net Sell
1 txn
Insider
Soriano Lidio
Role
Executive Vice President
Sold
3,000 shs ($524K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock Par Value $0.01 per share F1, F2 | 3,000 | $174.505 | $524K |
Holdings After Transaction:
Common Stock Par Value $0.01 per share — 107,319.879 shares (Direct)
Footnotes (2)
- F1. This price is a weighted average price. These shares were sold in multiple transactions ranging from $174.50 to $174.60, inclusive. The reporting person undertakes to provide to the Corporation, any securityholder of the Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in thisfootnote.
- F2. Includes 997.551 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: 3,000 shares
Weighted average sale price: $174.505 per share
Shares held after transaction: 107,319.879 shares
+1 more
4 metrics
Shares sold
3,000 shares
Common stock sale reported on August 10, 2026
Weighted average sale price
$174.505 per share
Open-market sale, prices ranged from $174.50 to $174.60
Shares held after transaction
107,319.879 shares
Direct holdings following the August 10, 2026 sale
Dividend reinvestment shares
997.551 shares
Portion of post-transaction holdings acquired via dividend reinvestment under Rule 16a-11
Key Terms
weighted average price, dividend reinvestment, Section 16, Rule 16a-11
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.
dividend reinvestment financial
"Includes 997.551 shares acquired pursuant to reinvestment of dividends paid"
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.
Section 16 regulatory
"The shares were acquired in transaction exempt from Section 16 of the Securities Exchange Act"
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 Rule 16a-11 thereunder"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did POPULAR, INC. (BPOP) insider Lidio Soriano report in this Form 4?
Lidio Soriano, an Executive Vice President of POPULAR, INC. (BPOP), reported an open-market sale of 3,000 common shares on August 10, 2026 at a weighted average price of $174.505 per share, with trades between $174.50 and $174.60.
What does the dividend reinvestment footnote mean in Lidio Soriano’s BPOP Form 4?
A footnote explains that Soriano’s post-transaction holdings include 997.551 shares acquired through dividend reinvestment. These shares were obtained in transactions exempt from Section 16 of the Exchange Act, specifically under Rule 16a-11 governing certain reinvestment plans.