Form 4: Popular, Inc. Executive Beatriz Castellvi Reports Stock Transactions

Beatriz Castellvi, EVP & Chief Security Officer of Popular, Inc., reports acquisition and disposal of company stock on February 25, 2025, affecting her beneficial ownership.

Summary

• On February 25, 2025, Beatriz Castellvi, EVP & Chief Security Officer of Popular, Inc., engaged in stock transactions.
• She acquired 2,167 shares of common stock at $0 and disposed of 68 shares at $100.37.
• Additionally, she acquired 2,112 shares of common stock at $0 and disposed of 625 shares at $100.37.
• Following these transactions, Castellvi directly owns 28,209.515 shares of Popular, Inc. common stock.
• The acquisition of 2,167 and 2,112 shares was an award of restricted stock pursuant to Popular, Inc.'s Omnibus Incentive Plan.
• The award vests in equal annual installments on each of February 23, 2026, 2027, 2028, 2029.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily reports stock transactions. The acquisition of restricted stock could be seen as a slightly positive signal.

Positives

• The acquisition of restricted stock indicates confidence in the company's future performance.

Future Outlook

The restricted stock award vests in equal annual installments from 2026 to 2029, incentivizing long-term performance.

Industry Context

Form 4 filings are standard disclosures for corporate insiders and provide transparency into their trading activities, which can be indicative of their sentiment towards the company's prospects.

Stakeholder Impact

• The stock transactions may have a minor impact on shareholder sentiment.

Key Dates