Form 4: Popular, Inc. Executive Jose R. Coleman-Tio Reports Stock Transaction
SEC Form 4 Filing
EVP & Chief Legal Officer of Popular, Inc., Jose R. Coleman-Tio, reports disposition of 358 shares of common stock at $83.44 per share on February 23, 2024.
Summary
- On February 23, 2024, Jose R. Coleman-Tio, EVP & Chief Legal Officer of Popular, Inc., reported a transaction involving the company's common stock.
- The transaction involved the disposition of 358 shares at a price of $83.44 per share.
- Following the transaction, Coleman-Tio directly owns 13,434.258 shares of Popular, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a stock transaction. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a sale of shares by an executive, which could be for various personal financial reasons and doesn't necessarily reflect a negative outlook on the company.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an executive's decision to sell a portion of their holdings.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock transaction (disposition of shares) |
| 02/27/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.