Form 4: Popular, Inc. Executive Vice President Camille Burckhart Reports Stock Transaction

Executive Vice President Camille Burckhart of Popular, Inc. reports a disposition of common stock to cover tax obligations, while also increasing holdings through dividend reinvestment.

Summary

• On February 23, 2025, Camille Burckhart, an Executive Vice President at Popular, Inc. (BPOP), reported a transaction involving the company's common stock.
• Burckhart disposed of 998 shares of common stock at a price of $100.69 per share to satisfy tax obligations.
• Following the reported transaction, Burckhart beneficially owns 29,148.247 shares of Popular, Inc.
• The report also indicates that 122.088 shares were acquired through the reinvestment of dividends.
• These dividend reinvestments are exempt from Section 16 of the Securities Exchange Act of 1934, according to Rule 16a-11.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction with a mix of disposal for tax purposes and acquisition through dividend reinvestment. There's no indication of significant positive or negative implications.

Positives

• Burckhart increased holdings through dividend reinvestment, adding 122.088 shares.

Negatives

• Burckhart disposed of 998 shares, although this was to cover tax obligations.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by an executive officer, which is typical for publicly traded companies.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it involves a relatively small number of shares and is related to tax obligations and dividend reinvestment.

Key Dates