Popular comptroller sells 600 shares at ~$168.79
Rhea-AI Filing Summary
POPULAR, INC. (BPOP) reported that officer Denissa Rodriguez Adorno, Senior VP & Comptroller, sold 600 shares of common stock on 2026-08-24 in an open-market or private transaction at a weighted average price of $168.786 per share. Following this sale, she directly holds 2,491.648 shares, which include 54.587 shares previously acquired through dividend reinvestment transactions exempt from Section 16 under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 600 shares
Net Sell
1 txn
Insider
Rodriguez Adorno Denissa
Role
Senior VP & Comptroller
Sold
600 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock Par Value $0.01 per share F1, F2 | 600 | $168.786 | $101K |
Holdings After Transaction:
Common Stock Par Value $0.01 per share — 2,491.648 shares (Direct)
Footnotes (2)
- F1. This price is a weighted average price. These shares were sold in multiple transactions ranging from $168.69 to $168.915, 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 this footnote.
- F2. Includes 54.587 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.
Key Figures
Shares sold: 600 shares
Weighted average sale price: $168.786 per share
Sale price range: $168.69 to $168.915 per share
+2 more
5 metrics
Shares sold
600 shares
Common stock sale on 2026-08-24 by Senior VP & Comptroller
Weighted average sale price
$168.786 per share
Weighted average price for 600-share sale
Sale price range
$168.69 to $168.915 per share
Range of prices for multiple transactions comprising the sale
Shares owned after transaction
2,491.648 shares
Direct common stock holdings following the 2026-08-24 sale
Dividend reinvestment shares
54.587 shares
Portion of current holdings acquired via dividend reinvestment exempt under Rule 16a-11
Key Terms
weighted average price, Section 16, Rule 16a-11
3 terms
weighted average price financial
"This price is a weighted average price. These shares were sold in multiple"
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 regulatory
"transactions exempt from Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-11 regulatory
"pursuant to Rule 16a-11 thereunder."
FAQ
What insider transaction did BPOP report for Denissa Rodriguez Adorno?
BPOP reported that Senior VP & Comptroller Denissa Rodriguez Adorno sold 600 shares of common stock on 2026-08-24 in a sale classified as an open-market or private transaction.
Does the Form 4 indicate any derivative securities for BPOP held by Denissa Rodriguez Adorno?
No derivative securities are listed; the filing’s derivative position summary is empty, and the reported activity concerns only non-derivative common stock.
What portion of Denissa Rodriguez Adorno’s BPOP holdings came from dividend reinvestment?
Her direct holdings include 54.587 shares acquired through reinvestment of dividends paid by the company in transactions described as exempt from Section 16 under Rule 16a-11.
Was the BPOP insider sale under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is marked false, and the footnotes do not describe the sale as pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.