Form 4: Popular, Inc. Director Maria Luisa Ferre Reports Stock Transactions

Director Maria Luisa Ferre of Popular, Inc. reports the acquisition of common stock and holding of restricted stock units.

Summary

• Maria Luisa Ferre, a director at Popular, Inc., reported a transaction on November 18, 2024.
• She acquired 483.6 shares of common stock at a price of $0.
• Following the transaction, Ms. Ferre directly owns 36,053.679 shares of common stock.
• She also indirectly owns 13,541 shares through The Luis A. Ferre Foundation, Inc.
• Ms. Ferre holds 13,968 restricted stock units that convert to common stock on a one-for-one basis.
• These restricted stock units will be converted into common stock on the 15th of August following her termination of service as a director.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It is a routine disclosure and does not indicate any specific trend in the broader industry.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the US.
• The reported transactions are typical for directors and officers who receive stock as part of their compensation or have personal investment holdings.
• The number of shares and restricted stock units are within the normal range for director compensation packages.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disclosure of a director's stock activity.

Key Dates

Keywords

stock, director, shares, restricted stock units, insider trading, beneficial ownership, Popular, Inc.