Form 4: Popular Inc. Director Sells 25,000 Shares

Popular, Inc. Director Richard L. Carrion reported the sale of 25,000 shares of common stock at a weighted average price of $113.50.

Summary

• Richard L. Carrion, a Director of Popular, Inc. (BPOP), sold 25,000 shares of the company's common stock.
• The transaction occurred on November 24, 2025, at a weighted average price of $113.50 per share, with individual sales ranging from $113.50 to $113.53.
• Following this transaction, Mr. Carrion directly beneficially owns 193,020 shares of Popular, Inc. common stock.
• Additionally, Mr. Carrion indirectly beneficially owns 74,467 shares through Junior Investment Corporation, in which he holds approximately a 22.014% interest.
• Mr. Carrion also holds 15,335 Restricted Stock Units (RSUs) which convert into common stock on a one-for-one basis upon termination of service as a director.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to a director selling a notable number of shares, which can be perceived as a lack of confidence or a belief that the stock is fully valued, despite the high sale price.

Negatives

• A director selling a significant number of shares can be perceived by the market as a negative signal, potentially indicating a belief that the stock is fully valued or that future prospects may be less robust.

Future Outlook

This Form 4 filing reports a past insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing details an individual insider transaction and does not provide broader industry context or trends. It reflects a specific action by a director within the financial services sector.

Stakeholder Impact

• Shareholders may view the director's sale of shares with caution, potentially leading to a reassessment of their own investment thesis or the company's near-term prospects.

Key Dates

Recommendation

While a director's sale of shares can be a negative signal, a single Form 4 transaction, without additional context on the director's personal financial planning or the company's broader performance, is generally insufficient to warrant a strong 'buy' or 'sell' recommendation. Investors should 'hold' and monitor for further insider activity or company-specific news.

Keywords

Popular Inc, BPOP, Form 4, Insider Trading, Director Sale, Stock Transaction, Richard L. Carrion