CEO Diego Antonio Cavero sold 3,500 shares of BAP (CREDICORP) at $319.00 for $1,116,500; reduced holdings by 32.4% to 7,307 shares.
Diego Antonio Cavero, CEO of Head Universal Banking at Credicorp, divested 3,500 shares at $319.00 on 2026-06-05, representing a substantial 32.4% reduction in his holdings from 10,807 to 7,307 shares. The sale occurred when BAP was trading at $319.00, which sits -6.9% from the 52-week high of $380.20; the stock has climbed +7.1% over the prior 30 days and +4.8% over 90 days, positioning the sale within a period of recent price appreciation. For a CEO, a divestiture of this magnitude—reducing direct equity stake by nearly one-third in a single transaction—represents a material reduction in personal alignment with the company's future performance and warrants investor attention to understand the underlying rationale.