POPULAR (BPOP) Director Maria Luisa Ferre Sells 6,461 Shares

What Happened

• Maria Luisa Ferre, a director of POPULAR, INC. (BPOP), reported two open-market sales on 2026-07-30 disposing of a total of 6,461 shares. She sold 3,076 shares at a weighted-average price of $173.79 for $534,566, and 3,385 shares at a weighted-average price of $175.42 for $593,797 — total proceeds ≈ $1,128,363. These transactions are sales (dispositions), which are often routine insider liquidity events rather than explicit bullish signals.

Key Details

• Transaction date: 2026-07-30; Form 4 filed: 2026-07-31 (timely filing).
• Prices and amounts: 3,076 shares @ $173.79 (≈ $534,566) and 3,385 shares @ $175.42 (≈ $593,797); total 6,461 shares for ≈ $1.13M.
• Shares owned after transaction: not specified in the information provided in this summary (check the full Form 4 for post-transaction holdings).
• Relevant footnotes from the filing:
  • F1: Prices reported are weighted averages; individual sale prices ranged between $173.70 and $173.835 for the first block. Reporting person can provide breakdown on request.
  • F2: Ms. Ferre is President and Trustee of the Luis A. Ferre Foundation, Inc.
  • F3/F4: Restricted stock units convert 1-for-1 and are issued on Aug 15 following termination of director service (background on RSU treatment mentioned in the filing).
• Transaction code: S = Sale (disposition).

Context

• Sales by directors can reflect routine portfolio management, tax needs, or other personal reasons; they do not necessarily indicate a change in company outlook. For investors, purchases tend to be more directly informative about insider confidence. Review the full Form 4 for any additional details (e.g., holdings after the sale, whether shares were held by an affiliated foundation, or breakdowns of prices).