Form 4: Popular, Inc. Executive Vice President Reports Stock Disposal
SEC Form 4 Filing
Luis E. Cestero, an Executive Vice President at Popular, Inc., reported disposing of 758 shares of common stock at a price of $100.69 on February 23, 2025.
Summary
- On February 23, 2025, Luis E. Cestero, an Executive Vice President at Popular, Inc., filed a Form 4 indicating a change in beneficial ownership of the company's stock.
- The report details the disposal of 758 shares of common stock at a price of $100.69 per share.
- Following the transaction, Cestero directly owns 16,392.488 shares of Popular, Inc.
- The filing also notes that Cestero acquired 3.068 shares under Popular, Inc.'s Puerto Rico Savings and Investment Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
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 change in the holdings of a key executive at Popular, Inc.
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 |
|---|---|
| 02/23/2025 | Date of stock disposal transaction |
| 02/25/2025 | Date of signature on the Form 4 filing |
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