Form 4: Popular, Inc. Executive Vice President Gilberto Monzon Sells Shares
SEC Form 4 Filing
Executive Vice President of Popular, Inc., Gilberto Monzon, sold 9,600 shares of common stock at an average price of $102.5711 on February 6, 2025.
Summary
- On February 6, 2025, Gilberto Monzon, an Executive Vice President at Popular, Inc., sold 9,600 shares of the company's common stock.
- The sale was executed at a weighted average price of $102.5711 per share.
- The price range for individual transactions varied from $102.50 to $102.6341.
- Following the transaction, Monzon directly owns 39,170.297 shares, which includes 161.527 shares acquired through dividend reinvestments.
- These dividend reinvestments are exempt from Section 16 of the Securities Exchange Act of 1934 under Rule 16a-11.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The disclosure provides transparency into executive stock transactions.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide insight into their transactions in company stock.
Stakeholder Impact
- Shareholders may be interested in insider transactions as an indicator of management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of stock sale transaction |
| 02/07/2025 | Date of signature by Attorney-in-fact |
Keywords
Form 4, Executive Vice President, Stock Sale, Gilberto Monzon, Popular, Inc., BPOP, Insider Trading
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.