Popular, Inc. (BPOP) director sells 6,461 shares, keeps 17,494 RSUs
Rhea-AI Filing Summary
Popular, Inc. director Maria Luisa Ferre reported selling a total of 6,461 shares of common stock on July 30, 2026. She sold 3,076 directly at a weighted average price of $173.786 per share, with individual trades between $173.70 and $173.835, leaving 34,400.962 direct shares. An additional 3,385 shares were sold indirectly at $175.420 per share by The Luis A. Ferre Foundation, Inc., where she is President and a Trustee, leaving 10,156 indirectly held shares. She also holds restricted stock units linked to 17,494 underlying shares, which convert one-for-one into common stock and are issued on August 15 following any termination of her service as a director.
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Insights
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Insider Trade Summary
Net Seller: 6,461 shares
Net Sell
3 txns
Insider
Ferre Maria Luisa
Role
Director
Sold
6,461 shs ($1.13M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock Par Value $0.01 per share F1 | 3,076 | $173.786 | $535K |
| Sale | Common Stock Par Value $0.01 per share F2 | 3,385 | $175.42 | $594K |
| holding | Restricted Stock Units F3, F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock Par Value $0.01 per share — 34,400.962 shares (Direct);
Common Stock Par Value $0.01 per share — 10,156 shares (Indirect, The Luis A. Ferre Foundation, Inc.);
Restricted Stock Units — 17,494 shares (Direct)
Footnotes (4)
- F1. This price is a weighted average price. These shares were sold in multiple transactions ranging from $173.70 and $173.835, inclusive. The reporting person undertakes to provide the Corporation, any security holder of the Corporation, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the ranges set forth in this footnote.
- F2. Ms. Ferre is the President and a Trustee of the Luis A Ferre Foundation, Inc.
- F3. Restricted stock units convert into common stock on a one-for-one basis.
- F4. Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person on the 15th of August following the date of termination of service as a director.
Key Figures
Direct shares sold: 3,076 shares
Weighted average sale price: $173.786 per share
Indirect shares sold: 3,385 shares
+4 more
7 metrics
Direct shares sold
3,076 shares
Common stock sold directly on 2026-07-30 at weighted average price
Weighted average sale price
$173.786 per share
Direct sale; individual trades between $173.70 and $173.835
Indirect shares sold
3,385 shares
Common stock sold indirectly via The Luis A. Ferre Foundation, Inc. on 2026-07-30
Indirect sale price
$175.420 per share
Price for 3,385 indirectly sold shares on 2026-07-30
Direct holdings after sale
34,400.962 shares
Direct Popular, Inc. common stock held by Maria Luisa Ferre after transactions
Indirect holdings after sale
10,156 shares
Shares held indirectly through The Luis A. Ferre Foundation, Inc. after transactions
Restricted stock units underlying shares
17,494 shares
Common shares underlying restricted stock units held directly, one-for-one conversion
Key Terms
Restricted stock units, weighted average price, one-for-one basis
3 terms
Restricted stock units financial
"Restricted stock units convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sales did Popular, Inc. (BPOP) director Maria Luisa Ferre report?
Maria Luisa Ferre reported selling 6,461 Popular, Inc. shares on July 30, 2026. This included 3,076 shares sold directly and 3,385 shares sold indirectly through The Luis A. Ferre Foundation, Inc., both reported as code S sales of common stock.
What role does The Luis A. Ferre Foundation play in Maria Luisa Ferre’s BPOP holdings?
An indirect sale of 3,385 Popular, Inc. shares was made by The Luis A. Ferre Foundation, Inc., which held those shares. Maria Luisa Ferre is the Foundation’s President and a Trustee, so these holdings are reported as her indirect ownership, leaving 10,156 shares indirectly held.
What restricted stock units in Popular, Inc. (BPOP) does Maria Luisa Ferre hold?
Ferre holds restricted stock units tied to 17,494 underlying Popular, Inc. shares. These units convert into common stock on a one-for-one basis and are issued to her on August 15 following the date she ceases serving as a director.