Form 4: Popular, Inc. Senior VP & Comptroller Reports Stock Transaction

Denissa Rodriguez Adorno, Senior VP & Comptroller of Popular, Inc., reports a disposition of common stock to cover tax obligations related to dividend reinvestments.

Summary

• On February 23, 2025, Denissa Rodriguez Adorno, Senior VP & Comptroller of Popular, Inc. (BPOP), reported a transaction involving the disposition of 93 shares of common stock.
• The shares were disposed of at a price of $100.69 per share.
• Following the transaction, Rodriguez Adorno beneficially owns 3,262.327 shares of Popular, Inc.
• The report also notes that 23.044 shares were acquired through dividend reinvestment, exempt from Section 16 of the Securities Exchange Act of 1934 under Rule 16a-11.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports a stock transaction by an insider, which is a routine occurrence. There is no indication of positive or negative implications for the company's performance.

Positives

• The acquisition of shares through dividend reinvestment indicates a continued investment in the company by the reporting person.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates