POPULAR (BPOP) CEO Javier Ferrer Sells 10,486 Shares for Taxes

What Happened
Javier D. Ferrer, President & CEO of Popular, Inc. (BPOP), had 10,486 shares disposed (withheld) to cover tax obligations tied to an equity exercise. The shares were valued at $168.19 each, for a total of $1,763,640. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-08-31; Filing date: 2026-09-01 (filed within standard Form 4 timing).
• Price per share: $168.19; Total value: $1,763,640.
• Shares disposed/withheld: 10,486 (to satisfy tax liability).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Mr. Ferrer disclaims beneficial ownership of shares held by his wife and has no investment authority over those shares (F1).
• Transaction type/code: Tax withholding related to an option exercise (F).

Context
This type of transaction typically reflects the company withholding shares to satisfy tax withholding requirements following an equity award exercise (a cashless/tax-withholding component), and is generally routine — not an indication of an open-market sell or a change in insider sentiment. No late filing flag was indicated in the provided filing.