Sanchez Alejandro M 4

What Happened

Alejandro M. Sanchez, a director of Popular, Inc. (BPOP), sold 1,451 shares in an open-market transaction on February 26, 2026. The weighted-average sale price was $140.85 per share, generating approximately $204,373 in proceeds. This was a sale (not a purchase), which many insiders execute for routine reasons and is not necessarily a signal of company prospects.

Key Details

• Transaction date: February 26, 2026 (reported on Form 4 filed March 2, 2026). Filing appears timely.
• Transaction type: Sale (open market or private sale), code S.
• Price(s): Weighted-average price $140.85; individual trade prices ranged from $140.80 to $140.97 (see footnote).
• Shares sold: 1,451; Proceeds: ~$204,373.
• Shares owned after transaction: Not provided in the excerpt supplied.
• Footnote: The reported price is a weighted average; the reporting person says they can provide a breakdown of the number of shares sold at each separate price within the $140.80–$140.97 range upon request.
• No mention in the provided excerpt of a 10b5-1 plan, tax withholding, gift, or option exercise.

Context

Sales by directors are common and can reflect personal liquidity needs, diversification, or routine plan-based selling. Purchases generally attract more attention as potential positive signals; this filing documents a routine disposition and contains a footnote clarifying the multiple trade prices. If you want to assess insider ownership trends, check additional Form 4 filings for the insider or other insiders at Popular for purchases or larger patterns.