Popular EVP has shares withheld for taxes

POPULAR, INC. executive vice president and Chief Security Officer Beatriz Castellvi reported a Form 4 transaction involving a tax-withholding disposition of 579 shares of common stock at $141.29 per share on February 23, 2026.

Rhea-AI Filing Summary

POPULAR, INC. executive vice president and Chief Security Officer Beatriz Castellvi reported a Form 4 transaction involving a tax-withholding disposition of 579 shares of common stock at $141.29 per share on February 23, 2026. This F-code transaction reflects shares withheld to cover tax obligations rather than an open-market sale. After this transaction, Castellvi directly held 27,990.522 common shares, which include 84.042 shares previously acquired through automatic dividend reinvestment.

Insider Trade Summary

Exercise Price or Tax Liability: 579 shares

Exercise Price or Tax Liability 1 txn

Insider Castellvi Beatriz

Role EVP & Chief Security Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock Par Value $0.01 per share	579	$141.29	$82K

Holdings After Transaction: Common Stock Par Value $0.01 per share — 27,990.522 shares (Direct)

Footnotes (1)

1. F1. Includes 84.042 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.

FAQ

What insider transaction did POPULAR, INC. (BPOP) report for Beatriz Castellvi?

POPULAR, INC. reported that EVP and Chief Security Officer Beatriz Castellvi had a tax-withholding disposition of 579 common shares. This F-code event represents shares withheld for tax purposes, not an open-market buy or sell transaction.

How many POPULAR, INC. (BPOP) shares were involved in Castellvi’s Form 4 filing?

The Form 4 shows 579 common shares of POPULAR, INC. were disposed of in a tax-withholding transaction. The shares were valued at $141.29 per share, reflecting stock withheld to satisfy tax liabilities tied to equity compensation.

What is Beatriz Castellvi’s POPULAR, INC. (BPOP) share ownership after this transaction?

Following the reported transaction, Beatriz Castellvi directly owned 27,990.522 shares of POPULAR, INC. common stock. This total includes 84.042 shares acquired earlier through dividend reinvestment under the company’s dividend reinvestment arrangements.

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

Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, 579 shares of POPULAR, INC. common stock were used to cover tax obligations rather than being sold in the open market.

Were POPULAR, INC. (BPOP) dividend reinvestments mentioned in Castellvi’s Form 4?

Yes. A footnote states that 84.042 shares were acquired through dividend reinvestment. These shares came from reinvesting dividends paid by POPULAR, INC. and were obtained in transactions exempt from Section 16 under Rule 16a-11.

Is the POPULAR, INC. (BPOP) Form 4 transaction an open-market sale by Castellvi?

No. The Form 4 describes a tax-withholding disposition with code F, meaning 579 shares were delivered to satisfy tax obligations. It does not represent a discretionary open-market sale of POPULAR, INC. shares by Castellvi.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 02/25/2026 - 12:57 PM 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^*

Castellvi Beatriz

(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)
	EVP & Chief Security Officer

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		579	D	$141.29	27,990.522(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 84.042 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
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.