Form 4: Popular, Inc. Executive Vice President Sells Shares
SEC Form 4 Filing
Beatriz Castellvi, EVP & Chief Security Officer of Popular, Inc., sold 3,500 shares of common stock at $99.16 per share on November 6, 2024.
Summary
- On November 6, 2024, Beatriz Castellvi, the EVP & Chief Security Officer of Popular, Inc. (BPOP), sold 3,500 shares of the company's common stock.
- The sale price was $99.16 per share.
- Following the transaction, Castellvi directly owns 25,114.954 shares of Popular, Inc.
- This number includes 283.466 shares acquired through dividend reinvestment.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard Form 4 filing reporting a stock sale. The sale itself doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. The sale itself doesn't necessarily indicate a negative outlook, as executives may sell shares for various personal financial reasons.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of transaction: Beatriz Castellvi sold 3,500 shares of Popular, Inc. common stock. |
| 11/08/2024 | Date of signature on the Form 4 filing. |
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