Form 4: Popular, Inc. Executive Vice President Gilberto Monzon Reports Stock Disposal

Executive Vice President of Popular, Inc., Gilberto Monzon, reports the disposal of 617 shares of common stock at a price of $83.44 on February 23, 2024.

Summary

• On February 23, 2024, Gilberto Monzon, an Executive Vice President at Popular, Inc., disposed of 617 shares of common stock.
• The transaction was executed at a price of $83.44 per share.
• Following the transaction, Monzon directly owns 53,166.721 shares of Popular, Inc. common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to an insider transaction. The sentiment is neutral as it simply reports a stock disposal.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executive officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's stock.

Stakeholder Impact

• The disposal of shares by an executive officer could be perceived in various ways by stakeholders.
• Some may view it as a lack of confidence in the company's future, while others may see it as a normal part of personal financial management.

Key Dates