Form 4: Popular Inc. EVP Disposes Shares for Tax Liability

Popular, Inc.'s EVP & Chief Security Officer, Beatriz Castellvi, reported the disposition of 579 common shares for tax liability at $141.29 per share.

Summary

• Beatriz Castellvi, Executive Vice President and Chief Security Officer of Popular, Inc. (BPOP), reported a transaction involving company common stock.
• On February 23, 2026, 579 shares of Common Stock with a par value of $0.01 per share were disposed of.
• The transaction code 'F' indicates that the disposition was for the payment of tax liability by delivering or withholding securities incident to the receipt, exercise, or vesting of a security.
• The shares were disposed of at a price of $141.29 per share.
• Following this reported transaction, Ms. Castellvi beneficially owns 27,990.522 shares.
• The reported beneficial ownership includes 84.042 shares acquired through the reinvestment of dividends, which are exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The disposition is for tax purposes, which is a standard practice and not indicative of a change in sentiment regarding the company's future performance.

Positives

• The reporting person continues to hold a significant number of shares (27,990.522) after the transaction, indicating continued alignment with shareholder interests.
• The acquisition of 84.042 shares through dividend reinvestment demonstrates ongoing participation in the company's equity.

Negatives

• The disposition of 579 shares, even for tax purposes, reduces the direct equity stake of a key executive.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions, such as dispositions for tax withholding (Code F), are common occurrences across all industries, particularly for executives receiving equity compensation. These transactions generally do not reflect a change in management's outlook on the company's fundamentals but rather a standard administrative process.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine tax-related transaction by an executive.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.

Key Dates

Recommendation

This Form 4 filing reports a routine disposition of shares for tax purposes by an executive. Such transactions are administrative in nature and typically do not signal a change in the company's fundamentals or the executive's long-term view. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Popular Inc., BPOP, Insider Transaction, Form 4, Beatriz Castellvi, Executive Stock, Share Disposition, Tax Withholding