Form 4: Popular, Inc. Director Alejandro M. Sanchez Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Alejandro M. Sanchez reports acquisition and disposal of Popular, Inc. shares on May 9, 2024.
Summary
- On May 9, 2024, Alejandro M. Sanchez, a director of Popular, Inc., reported changes in beneficial ownership of the company's common stock.
- Sanchez acquired 1,392 shares of common stock at $0 per share.
- Sanchez disposed of 56 shares of common stock at $89.8 per share.
- Following these transactions, Sanchez directly owns 3,507 shares of Popular, Inc.
- Sanchez has granted a Power of Attorney to Jose R. Coleman Tio, Daniel E. Gonzalez Ortiz, Ciara T. Napoli Veray, and Marie Reyes-Rodriguez to act on his behalf in matters related to SEC filings.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of stock acquisition and disposal transactions. |
| 05/09/2024 | Date of execution of the Power of Attorney. |
| 05/13/2024 | Date of signature by Attorney-in-fact. |
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