POPULAR (BPOP) EVP reports 701-share tax-withholding disposition in Form 4 filing

Rhea-AI Filing Summary

POPULAR, INC. Executive Vice President Maria Cristina Gonzalez-Noguera reported a tax-related share disposition. She disposed of 701 shares of common stock at $141.29 per share on February 23, 2026 to cover tax liability. After this transaction, she directly holds 13,348.464 shares, including 81.275 shares acquired through dividend reinvestment.

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^*

GONZALEZ-NOGUERA MARIA CRISTINA

(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		701	D	$141.29	13,348.464(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 81.275 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 Maria Cristina Gonzalez-Noguera?

POPULAR, INC. reported that Executive Vice President Maria Cristina Gonzalez-Noguera disposed of 701 shares of common stock at $141.29 per share. The transaction was coded “F,” indicating shares were withheld to satisfy a tax liability rather than sold in an open-market trade.

Was the BPOP insider transaction by Gonzalez-Noguera an open-market sale?

No, the 701-share disposition by Maria Cristina Gonzalez-Noguera was a tax-withholding transaction. Code “F” means shares were delivered to cover exercise price or tax obligations, so it does not represent a discretionary open-market sale of POPULAR, INC. stock.

How many POPULAR, INC. (BPOP) shares does Gonzalez-Noguera own after the reported transaction?

After the tax-withholding disposition, Maria Cristina Gonzalez-Noguera directly owns 13,348.464 shares of POPULAR, INC. common stock. This total includes 81.275 shares acquired through dividend reinvestment, as disclosed in the accompanying footnote to the insider ownership information.

What does transaction code “F” mean in the POPULAR, INC. Form 4 filing?

Transaction code “F” indicates payment of exercise price or tax liability by delivering securities. For POPULAR, INC., it shows Gonzalez-Noguera’s 701-share disposition was used for tax withholding, distinguishing it from a standard open-market buy or sell transaction in the company’s stock.

How were some of Maria Cristina Gonzalez-Noguera’s POPULAR, INC. shares acquired?

A footnote explains that 81.275 of Gonzalez-Noguera’s POPULAR, INC. shares were acquired through dividend reinvestment. These shares came from a dividend reinvestment program, in a transaction exempt from Section 16 under Rule 16a-11 of the Securities Exchange Act of 1934.