NEGRON EDUARDO J. 4
4 · POPULAR, INC. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
POPULAR (BPOP) EVP Eduardo J. Negrón Receives Award; Shares Sold for Taxes
What Happened Eduardo J. Negrón, Executive Vice President of Popular, Inc. (BPOP), was granted a total of 5,348 restricted shares (3,333 + 2,015) on 2026-02-25 (awarded at $0.00). To cover tax withholding related to the award, 1,006 shares (942 + 64) were surrendered/disposed at $141.31 per share, totaling approximately $142,158.
Key Details
- Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (appears timely).
- Grants: 3,333 and 2,015 restricted shares (code A), acquisition price $0.00.
- Tax withholding: 942 shares ($133,114) and 64 shares ($9,044) disposed (code F) at $141.31 per share; total ~ $142,158.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote: Awards are restricted stock under Popular’s Omnibus Incentive Plan and vest in equal annual installments on each February 23 in 2027, 2028, 2029 and 2030.
- Transaction codes: A = Award/Grant, F = Payment of exercise price or tax liability (share withholding for taxes).
Context This was a restricted stock grant with shares withheld to satisfy tax obligations — a routine administrative action rather than an open-market sale or purchase. For retail investors, awards signal compensation alignment but do not necessarily indicate the insider’s market view; the withheld shares simply fulfilled tax withholding requirements.
Insider Transaction Report
- Award
Common Stock Par Value $0.01 per share
2026-02-25+3,333→ 40,238.389 total - Tax Payment
Common Stock Par Value $0.01 per share
2026-02-25$141.31/sh−942$133,114→ 39,296.389 total - Award
Common Stock Par Value $0.01 per share
[F1]2026-02-25+2,015→ 41,311.389 total - Tax Payment
Common Stock Par Value $0.01 per share
2026-02-25$141.31/sh−64$9,044→ 41,247.389 total
Footnotes (1)
- [F1]Award of restricted stock pursuant to Popular, Inc.'s Omnibus Incentive Plan. The award vests in equal annual installments on each of February 23, 2027, 2028, 2029, 2030.