Popular (BPOP) EVP uses 873 shares to cover stock award taxes

Rhea-AI Filing Summary

POPULAR, INC. Executive Vice President Lidio Soriano reported a tax-related stock transaction in company shares. On February 23, 2026, he disposed of 873 shares of common stock through a tax-withholding disposition at $141.29 per share to satisfy tax obligations by delivering shares rather than cash.

After this transaction, Soriano directly owned 103,655.328 shares of Popular common stock. This total includes 555.373 shares acquired earlier through automatic dividend reinvestment, which were obtained in transactions exempt from standard insider trading reporting rules under a specific SEC exemption.

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^*

Soriano Lidio

(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		873	D	$141.29	103,655.328(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 555.373 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	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Popular (BPOP) executive Lidio Soriano report?

Lidio Soriano reported a tax-withholding disposition of 873 Popular shares. The transaction used shares, valued at $141.29 each, to cover tax obligations rather than an open-market sale, and was recorded as a direct ownership change in his Form 4 filing.

How many Popular (BPOP) shares did Lidio Soriano dispose of for taxes?

He disposed of 873 Popular common shares to cover taxes. The shares were valued at $141.29 each and delivered to satisfy tax liabilities, reflecting an administrative adjustment rather than a traditional open-market sell order of company stock.

How many Popular (BPOP) shares does Lidio Soriano own after the transaction?

After the tax-withholding transaction, Soriano directly owns 103,655.328 Popular shares. This figure reflects his updated direct holdings and includes stock accumulated over time, such as shares received through dividend reinvestment plans sponsored by the corporation.

Was Lidio Soriano’s Popular (BPOP) transaction an open-market stock sale?

No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were surrendered to cover tax liabilities associated with equity compensation, which is classified differently from discretionary buying or selling on the open market.

What does the dividend reinvestment footnote mean for Lidio Soriano’s BPOP holdings?

The footnote explains that 555.373 of Soriano’s Popular shares came from dividend reinvestment. Cash dividends were automatically used to buy additional shares under a plan, and these acquisitions were exempt from standard insider reporting rules due to a specific regulatory exemption.

What is a tax-withholding disposition in Popular (BPOP) insider reports?

A tax-withholding disposition uses company shares to pay taxes owed on equity awards. Instead of paying cash to tax authorities, a portion of vested shares is delivered, reducing the insider’s share count while satisfying required tax obligations tied to the compensation.