Popular, Inc. (BPOP) EVP logs 993-share tax-withholding disposition in Form 4

Rhea-AI Filing Summary

Popular, Inc. Executive Vice President Camille Burckhart reported a tax-related share disposition under a compensation arrangement. On this Form 4, she disposed of 993 shares of Popular common stock at $141.29 per share to satisfy tax withholding obligations, rather than through an open-market sale. After this transaction, she directly holds 26,688.998 shares of Popular common stock. A footnote notes that her holdings include 98.680 shares previously acquired through dividend reinvestment transactions exempt from Section 16.

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^*

Burckhart Camille

(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)
	Executive Vice President

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		993	D	$141.29	26,688.998(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 98.680 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.

	Marie Reyes-Rodriguez, Attorney-in-act	02/25/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did Popular, Inc. (BPOP) report for Camille Burckhart?

Popular, Inc. reported that Executive Vice President Camille Burckhart disposed of 993 common shares to cover tax withholding. The transaction was coded “F,” meaning shares were surrendered to satisfy tax obligations tied to equity compensation, not sold in an open-market transaction.

How many Popular, Inc. (BPOP) shares does Camille Burckhart own after this Form 4?

After the reported transaction, Camille Burckhart directly holds 26,688.998 Popular, Inc. common shares. This balance includes 98.680 shares acquired earlier through dividend reinvestment, which were obtained in transactions exempt from Section 16 under Rule 16a-11 of the Exchange Act.

What does transaction code F mean in the Popular, Inc. (BPOP) Form 4 filing?

Transaction code F in this Form 4 indicates a tax-withholding disposition, where shares are delivered to pay exercise price or tax liability. For Camille Burckhart, the 993-share transaction reflects shares withheld to satisfy tax obligations connected to her equity compensation, not a discretionary stock sale.

Was the Popular, Inc. (BPOP) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 shows a code F tax-withholding disposition, meaning shares were surrendered to cover tax liability on equity compensation, rather than being sold on the market for investment or portfolio reasons.

At what price were the Popular, Inc. (BPOP) shares valued in this Form 4?

The 993 Popular, Inc. common shares involved in the tax-withholding disposition were valued at $141.29 per share. This price is used to determine the value of the shares applied toward satisfying the executive’s tax obligations arising from her equity compensation award.