Form 4: Executive Vice President Manuel Chinea Reports Stock Transactions in Popular, Inc.

Executive Vice President Manuel Chinea reports acquisition and disposal of Popular, Inc. common stock and phantom stock.

Summary

• On February 25, 2025, Manuel Chinea, an Executive Vice President of Popular, Inc., reported several transactions involving the company's stock.
• Chinea acquired 2,815 shares of common stock at $0 and 3,135 shares of common stock at $0.
• He also disposed of 1,135 shares at $100.37 and 1,296 shares at $100.37.
• Following these transactions, Chinea directly owns 31,001.543 shares of Popular, Inc. common stock.
• Additionally, Chinea holds 3,335.098 shares of phantom stock, which are payable following termination of employment and can be transferred to an alternative investment account.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The reporting person increased their holdings of common stock.

Negatives

• The reporting person disposed of some shares of common stock.

Future Outlook

The restricted stock award vests in equal annual installments on February 23 of 2026, 2027, 2028 and 2029.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of company executives.

Key Dates