POPULAR, INC. (BPOPM)

AI-Powered SEC Filing Analysis

Insider Trading Filed: 2026-05-12

Key Insights

  • Director Myrna Soto sold 206 shares of BPOP common stock on 05/08/2026 at $149.01 per share, reducing her direct holdings to 4,533.388 shares, indicating a modest reduction in insider ownership.
  • Soto maintains 19,756 restricted stock units (RSUs) that will convert to common stock one-for-one on August 15th following her eventual termination of service as director, representing significant deferred compensation exposure.
  • The sale represents a relatively small transaction (approximately $30,675 in value) which could suggest either routine portfolio rebalancing rather than loss of confidence in the company's prospects.
Insider Trading Filed: 2026-05-11

Key Insights

  • Director Carlos Unanue received 1,477 restricted stock units (RSUs) on 05/08/2026 as part of Popular Inc.'s 2020 Omnibus Incentive Plan, vesting on 05/08/2027, indicating continued executive compensation through equity awards.
  • Unanue holds significant beneficial ownership of 58,878.817 shares directly and 75,731 shares indirectly through his mother, demonstrating substantial long-term commitment to the company as both director and major shareholder.
  • The RSU award converts into common stock in equal annual installments over five years following termination of service as director, providing a deferred compensation structure that aligns insider interests with shareholder value over an extended period.
  • This filing represents routine equity compensation activity for a board member with existing substantial ownership stakes, with no evidence of insider selling or material changes in ownership structure.
Insider Trading Filed: 2026-05-11

Key Insights

  • Director Jose Ramon Rodriguez received an award of 1,712 restricted stock units (RSUs) on 05/08/2026 under Popular Inc.'s 2020 Omnibus Incentive Plan, with vesting scheduled for May 8, 2027.
  • The RSUs will convert into common stock on a one-for-one basis and be issued on the 15th of August following termination of service as director, indicating a standard equity compensation arrangement rather than a significant insider transaction.
  • Following this transaction, Rodriguez holds 16,412 shares of common stock in direct ownership form, demonstrating meaningful personal investment in the company aligned with shareholder interests.
Insider Trading Filed: 2026-05-11

Key Insights

  • Director Goodwin C Kim received 906 restricted stock units (RSUs) as compensation on 05/08/2026, vesting on 05/08/2027, indicating standard director compensation practices at Popular, Inc.
  • Kim's total beneficial ownership of common stock is 44,268.367 shares held directly, with an additional 16,821 RSUs pending conversion, representing meaningful personal investment alignment with shareholders.
  • The RSU award is modest in size relative to typical executive grants, consistent with non-executive director compensation rather than senior management incentives, and follows the company's 2020 Omnibus Incentive Plan.
Insider Trading Filed: 2026-05-11

Key Insights

  • Director Richard L. Carrion received an award of 906 restricted stock units on 05/08/2026 as compensation under Popular, Inc.'s 2020 Omnibus Incentive Plan, vesting on 05/08/2027, indicating continued board-level engagement and confidence in the company.
  • Carrion maintains substantial direct beneficial ownership of 193,020 common shares plus indirect ownership of 75,031 shares through Junior Investment Corporation (23.32% stake), demonstrating significant personal financial commitment to Popular, Inc.
  • The RSU award is relatively modest in size (906 units) compared to his existing shareholdings, suggesting this is routine annual director compensation rather than a material new equity investment.
  • RSUs convert to common stock on the 15th of August following termination of service as director, creating a retention incentive structure aligned with continued board service.
Insider Trading Filed: 2026-05-11

Key Insights

  • Director Betty K DeVita received an award of 906 restricted stock units on May 8, 2026, vesting on May 8, 2027, representing a relatively modest equity compensation grant under the 2020 Omnibus Incentive Plan.
  • The RSU award converts to common stock on a one-for-one basis and will be issued on the 15th of August following termination of service, indicating standard equity compensation practices for board members.
  • DeVita's total beneficial ownership position is 9,745 shares of common stock held directly, suggesting a minor individual stake in the company relative to typical insider positions.
Insider Trading Filed: 2026-05-11

Key Insights

  • Director Bertil E. Chappuis received 1,645 restricted stock units (RSUs) as compensation on 05/08/2026, vesting on 05/08/2027, indicating standard equity-based director compensation practices at Popular, Inc.
  • Following this RSU award, the reporting person beneficially owns 5,614 shares of common stock directly, suggesting moderate insider stake in the company.
  • The RSUs convert to common stock in equal annual installments over five years following termination of service as director, providing a retention incentive aligned with long-term shareholder interests.
Insider Trading Filed: 2026-05-11

Key Insights

  • Director Robert Carrady received 1,477 restricted stock units (RSUs) as part of Popular, Inc.'s 2020 Omnibus Incentive Plan on May 8, 2026, which will vest on May 8, 2027, indicating ongoing director compensation alignment with company performance.
  • Carrady's total beneficial ownership includes 3,269 shares held directly and 2,750 shares indirectly through Plaza Escorial Cinema Corp. (62.5% ownership interest), representing a modest equity stake typical for board members.
  • The RSU award will convert to common stock on August 15th following service termination, but the $0 valuation listed suggests this may be a non-cash equity compensation arrangement with standard board retention features.
  • No open market purchases or sales were reported in this filing, indicating Carrady has not engaged in discretionary trading activity, which is neutral regarding insider confidence signals.
Insider Trading Filed: 2026-05-11

Key Insights

  • Director Alejandro M. Ballester received 906 restricted stock units (RSUs) on May 8, 2026, vesting on May 8, 2027, representing standard equity compensation for board service rather than significant insider buying activity.
  • Post-transaction beneficial ownership of common stock stands at 34,587.716 shares directly owned, with an additional 16,821 shares underlying RSUs, indicating a meaningful but not substantial stake in POPULAR, INC.
  • The RSU conversion structure includes a five-year post-termination payout schedule (equal annual installments each August 15th), which is a non-standard retention mechanism that may reflect specific board compensation arrangements.
  • This transaction represents routine director compensation rather than discretionary insider buying, suggesting no special confidence signal about the company's near-term prospects or valuation.
Insider Trading Filed: 2026-05-11

Key Insights

  • Director Maria Luisa Ferre received an award of 1,141 restricted stock units on 05/08/2026 under Popular, Inc.'s 2020 Omnibus Incentive Plan, vesting on 05/08/2027, indicating continued board compensation and insider confidence in the company.
  • Ms. Ferre's total beneficial ownership increased to approximately 50,867 shares (37,326 direct common stock plus 1,141 RSUs converting to common stock, plus 13,541 indirect shares through the Luis A. Ferre Foundation), showing substantial continued stake in the company.
  • The RSU award represents routine director compensation rather than discretionary insider buying, as it is restricted and subject to vesting conditions with conversion occurring only upon termination of service on the 15th of August following departure.
Current Report Filed: 2026-05-11

Key Insights

  • Shareholders approved modernized indemnification provisions and director/officer exculpation protections aligned with Puerto Rico law, reducing potential liability exposure for the board and management.
  • All 11 director nominees were elected with strong shareholder support (ranging from 94-97% approval), indicating stable governance and confidence in current leadership.
  • Say-on-Pay proposal passed with 97.5% approval, demonstrating shareholder satisfaction with executive compensation structure despite some abstentions.
  • PricewaterhouseCoopers LLP was ratified as independent auditor with 96.8% shareholder approval, continuing established audit relationship without disruption.
  • Board became fully declassified in 2023 with annual elections now standard, and the 8-K formally removed outdated election procedures, streamlining corporate governance.
Quarterly Report Filed: 2026-05-08

Key Insights

  • Large Accelerated Filer status with $170 million shares outstanding indicates significant market capitalization, suggesting POPULAR, INC. is an established financial institution with substantial operational scale.
  • Q1 2026 filing shows diversified loan portfolio across commercial real estate (multifamily, owner-occupied, non-owner-occupied), commercial & industrial, and mortgage segments, with detailed past-due aging analysis suggesting active credit risk monitoring.
  • Significant investment in software and cloud computing arrangements visible in intangible assets structure indicates ongoing digital transformation and technology infrastructure investments typical of modern banking operations.
  • Puerto Rico geographic concentration (country:PR references throughout filing) represents both operational focus and potential regulatory/economic exposure to local market conditions and tax incentives.
Current Report Filed: 2026-05-08

Key Insights

  • Popular, Inc. Board approved a quarterly cash dividend of $0.75 per share on common stock, payable July 1, 2026, demonstrating confidence in the company's cash generation and financial stability.
  • The dividend announcement indicates the company maintains a shareholder-friendly capital allocation policy, which is typically positive for income-focused investors and suggests management confidence in future earnings.
  • This is a routine dividend declaration filing with no material business changes, strategic announcements, or unexpected events that would materially impact the company's operations or financial position.
Insider Trading Filed: 2026-05-01

Key Insights

  • Director Alejandro M. Ballester sold 23,000 shares of POPULAR, INC. common stock on 04/30/2026 at $150 per share, generating approximately $3.45 million in proceeds, indicating a significant reduction in insider holdings.
  • Following the sale, Ballester's direct beneficial ownership decreased to 34,587.716 shares, while his restricted stock units (RSUs) total 15,915 shares that will vest annually over five years post-termination of service, suggesting upcoming leadership transition or planned departure.
  • The reporting person relinquished beneficial interest in 365.678 shares previously owned by his son, further reducing his reportable beneficial ownership position and indicating a potential estate or family restructuring of holdings.
  • As a Director with substantial holdings being liquidated, this insider selling activity may signal confidence concerns or portfolio rebalancing rather than a positive outlook, though the sale could simply reflect personal financial planning needs.
Insider Trading Filed: 2026-04-28

Key Insights

  • Executive Vice President Hector Alejandro Flores acquired 263 shares of BPOP common stock on 04/27/2026 at $150.62 per share through what appears to be a Rule 10b5-1 plan transaction, bringing his total beneficial ownership to 5,820.966 shares.
  • Approximately 30.664 shares (11.6% of the transaction) were acquired through dividend reinvestment under Rule 16a-11, indicating the executive maintains a long-term holding strategy consistent with shareholder interests.
  • The relatively modest transaction size and timing suggest routine portfolio management rather than a significant conviction-based buy, which provides limited directional signal about management's near-term outlook on the stock.
Insider Trading Filed: 2026-04-28

Key Insights

  • Denissa Rodriguez Adorno, Senior VP & Comptroller of Popular Inc., disposed of 87 shares at $150.62 per share on April 27, 2026, reducing her direct beneficial ownership to 3,037.061 shares.
  • The transaction was classified as code 'F' (Rule 16b-6 tax withholding), indicating this was a routine stock sale likely related to tax obligations or equity compensation rather than a discretionary market decision.
  • Approximately 16.594 shares of the 87 shares disposed were acquired through dividend reinvestment under Rule 16a-11, suggesting the officer maintains a structured investment in the company despite the sale.
Current Report Filed: 2026-04-23

Key Insights

  • Popular, Inc. announced Q1 2026 financial results on April 23, 2026, providing earnings data and investor presentation materials through earnings call disclosures.
  • The company maintains dual securities on NASDAQ: common stock (BPOP) and 6.125% Cumulative Monthly Income Trust Preferred Securities (BPOPM), indicating a capital structure with preferred equity components.
  • Both the press release and conference presentation are furnished as non-filed exhibits under Items 2.02 and 7.01, meaning they are informational disclosures not incorporated into SEC filings and subject to different regulatory standards.
  • The 8-K filing itself contains no substantive financial data, guidance changes, or material events—it serves purely as a regulatory wrapper for the Q1 earnings announcement and presentation materials.
Current Report Filed: 2026-04-08

Key Insights

  • Popular, Inc. has appointed Manuel A. Chinea as the new Executive Vice President and Chief Experience and Administration Services Officer, indicating a focus on improving the customer experience and operational efficiency.
  • Israel Velasco has been appointed as the new Executive Vice President and Head of U.S Operations of Popular Bank, succeeding Manuel Chinea, which suggests a leadership transition and potential strategic shifts in the company's U.S. operations.
  • The filing does not mention any financial results or guidance, so the significance of this 8-K filing is primarily related to the management changes and organizational restructuring within the company.
Insider Trading Filed: 2026-04-02

Key Insights

  • Bertil E. Chappuis, a director of Popular, Inc., has acquired 23 restricted stock units as a result of dividend equivalents accrued on his existing RSU holdings.
  • The RSUs will vest and convert into an equivalent number of common shares in equal annual installments over the next five years following the termination of Chappuis' directorship.
  • This insider transaction suggests continued confidence and commitment by a board member to the long-term success of Popular, Inc.
Insider Trading Filed: 2026-04-02

Key Insights

  • The reporting person, Carlos Unanue, is a director of Popular, Inc. and has reported acquiring 58,878.817 shares of the company's common stock through dividend reinvestment.
  • Carlos Unanue also holds an indirect beneficial ownership of 75,731 shares through his mother, indicating his family has a significant stake in the company.
  • The reporting person has been granted 141 restricted stock units (RSUs) as a result of dividend equivalents accrued on his outstanding RSUs, which will be converted into common stock over the next five years.

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Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.