Popular, Inc. (NASDAQ: BPOP) EVP sells 8,500 shares of common stock
Rhea-AI Filing Summary
POPULAR, INC. Executive Vice President Luis E. Cestero reported selling 8,500 shares of common stock on August 4, 2026 at a weighted average price of $176.356 per share in transactions reported as open-market or private sales. After the sale, he directly holds 16,013.010 shares, including shares acquired through dividend reinvestment and the Popular, Inc. Puerto Rico Savings and Investment Plan.
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Insights
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Insider Trade Summary
Net Seller: 8,500 shares
Net Sell
1 txn
Insider
CESTERO LUIS E.
Role
Executive Vice President
Sold
8,500 shs ($1.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock Par Value $0.01 per share F1, F2, F3 | 8,500 | $176.356 | $1.50M |
Holdings After Transaction:
Common Stock Par Value $0.01 per share — 16,013.01 shares (Direct)
Footnotes (3)
- F1. This price is a weighted average price. These shares were sold in multiple transactions ranging from $176.25 to $176.55, 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 125.037 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.
- F3. Includes 17.836 shares acquired under Popular, Inc. Puerto Rico Savings and Investment Plan in exempt transactions pursuant to Rule 16(b)(3).
Key Figures
Shares sold: 8500.0000 shares
Weighted average sale price: $176.3560 per share
Direct holdings after sale: 16013.0100 shares
+2 more
5 metrics
Shares sold
8500.0000 shares
Non-derivative common stock sale on August 4, 2026 by Executive Vice President Luis E. Cestero
Weighted average sale price
$176.3560 per share
Weighted average price for sales executed between $176.25 and $176.55 per share
Direct holdings after sale
16013.0100 shares
Directly owned Popular, Inc. common stock by Luis E. Cestero following the reported transaction
Dividend reinvestment shares
125.037 shares
Shares included in holdings acquired through dividend reinvestment in transactions exempt under Rule 16a-11
Puerto Rico Savings and Investment Plan shares
17.836 shares
Shares included in holdings acquired under Popular, Inc. Puerto Rico Savings and Investment Plan under Rule 16(b)(3)
Key Terms
weighted average price, Section 16 of the Securities Exchange Act of 1934, Rule 16a-11, Popular, Inc. Puerto Rico Savings and Investment Plan, +1 more
5 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.
Section 16 of the Securities Exchange Act of 1934 regulatory
"acquired in transaction exempt from Section 16 of the Securities Exchange Act of 1934"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
Rule 16a-11 regulatory
"exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11"
Popular, Inc. Puerto Rico Savings and Investment Plan financial
"Includes 17.836 shares acquired under Popular, Inc. Puerto Rico Savings and Investment Plan"
Rule 16(b)(3) regulatory
"acquired under Popular, Inc. Puerto Rico Savings and Investment Plan in exempt transactions pursuant to Rule 16(b)(3)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Popular (BPOP) executive Luis E. Cestero report in this Form 4?
Luis E. Cestero reported a sale of 8,500 shares of Popular, Inc. common stock. The transaction occurred on August 4, 2026 at a weighted average price of $176.356 per share, and was reported as an open-market or private sale of non-derivative common stock.
Was Luis E. Cestero’s Popular (BPOP) trade reported under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is marked as not affirming a plan, indicating the reported 8,500-share sale was not disclosed as being executed under a pre-arranged Rule 10b5-1 trading plan for this transaction.