BALLESTER ALEJANDRO M 4

What Happened

• Alejandro M. Ballester, a director of Popular, Inc. (BPOP), reported a sale of 23,000 shares of common stock on April 30, 2026. The shares were disposed at $150.00 per share for a total transaction value of $3,450,000. The filing lists the sale as an open-market or private sale (transaction code S).
• This was a sale (not a purchase); such insider sales are often routine liquidity events and do not by themselves indicate the insider’s view of the company.

Key Details

• Transaction date: 2026-04-30; Price: $150.00 per share; Quantity: 23,000 shares; Total value: $3,450,000.
• Filing date / Accession: Filed 2026-05-01 (Accession 0001193125-26-199991). Period of report: 2026-04-30. Filing appears timely.
• Shares owned after transaction: Not specified in the information provided.
• Footnotes included in the filing:
  • F1: The reporting person no longer has a reportable beneficial interest in 365.678 shares owned by his son that were included in prior reports.
  • F2: Restricted stock units (RSUs) convert into common stock on a one-for-one basis.
  • F3: RSUs are converted into shares and issued to the reporting person in equal annual installments on each August 15 of the first five years following the date of termination of service as a director.

Context

• The sale was reported by a director rather than a 10% owner or executive; directors may sell shares for personal liquidity or portfolio reasons. The filing does not indicate an option exercise, grant, gift, or a 10b5-1 plan. For RSUs referenced in footnotes: they convert 1:1 to common shares and, per the filing, are scheduled to be issued in installments after termination of service.