BPOP POPULAR, INC. Insider Trading

Popular Inc. EVP sells ~35% of holdings; stock near highs on strong recent momentum.

Maria Cristina Gonzalez-Noguera, an Executive Vice President at Popular Inc., sold a substantial portion of her holdings—roughly one-third of her stake—as the stock trades just below its recent highs following an eleven-month rally. The company itself is financially healthy, with a profitable track record and reasonable valuation, so this sale doesn't signal fundamental distress. However, the timing is notable: executives typically trim positions near peaks to lock in gains rather than during pullbacks, and selling at or near all-time highs tends to reflect price-driven portfolio management rather than long-term conviction. This is a routine rebalancing event for someone with significant personal exposure, not a red flag about company direction. The sale warrants noting but shouldn't override the underlying business strength.

Director Alejandro M Ballester sold 23,000 shares of BPOP for $3.4M at $150.00, reducing stake by 39.9% to 34.6K shares

Director Ballester sold 23,000 shares (39.9% of his pre-transaction holdings) at $150.00 on 2026-04-30, realizing $3,450,000.00. The stock closed at $149.35 post-transaction, near its 52-week high of $150.74, and has appreciated 9.5% over the prior 30 days and 11.8% over 90 days. Popular Inc. is trading at a P/E of 9.76 with strong recent fundamentals: annual revenue growth of 16.0% and net income of $211,317,000.00 on quarterly revenue of $39,054,000.00. The sale occurred at an elevated price point relative to recent trading ranges, with the stock trading near 52-week highs.

Director Richard L Carrion sold 25,000 shares of BPOP at $113.50; retains 193,020 shares post-sale.

Richard L Carrion, a Director of Popular Inc., sold 25,000 shares (25.0K shares) at $113.50 on 2025-11-24, representing an 11.5% reduction in his documented holdings. The company demonstrates solid fundamentals with a P/E of 9.85, recent annual revenue growth of 16.0%, and a market cap of $7,650,939,611.25. At the time of the sale, the stock was trading 10.4% below its 52-week high of $128.04 and down 8.1% over the prior 90 days. The transaction occurred on a single date with no indication of pre-planned execution; the director retains meaningful exposure with 193,020 shares remaining post-transaction.

EVP Gilberto Monzon sells 18,000 BPOP shares for $2,240,605.24 on 2025-09-02; holdings fall to 24.8K shares.

Monzon executed 2 separate sales totaling 18,000 shares for $2,240,605.24 at an average price of $124.47, reducing his holdings by 42.1% from 42,773 to 24,772 shares. The current price of $126.17 represents the 52-week high, indicating the stock has appreciated significantly (9.7% over 30 days and 21.5% over 90 days) since the transaction date. His prior trade at BPOP on 2025-02-06 also resulted in a sell that achieved negative returns over the subsequent 90-day period (90d -3.4%), establishing a pattern where his exits at this ticker have preceded or coincided with softer price performance measured from the sale date forward. Against the backdrop of solid fundamentals—P/E of 11.82, annual revenue growth of 16.0%, and net income of $210,440,000.00—the substantial reduction in his personal stake warrants observation of whether this signals a shift in conviction or is part of routine estate/portfolio management.

EVP Burckhart sells 7,000 BPOP shares at $104.14; stock near 52-week high of $106.33

Burckhart Camille, Executive Vice President, sold 7,000 shares (27.4K shares post-transaction, a -20.4% reduction in holdings) at $104.14 on 2025-06-03, for a total value of $728,980.00. The transaction occurred with POPULAR, INC. trading at $104.12 currently, only -2.1% below its 52-week high of $106.33, suggesting the sale occurred near peak valuation. Over the past 30 and 90 days, the stock has risen +4.7% and +11.0% respectively, indicating positive momentum at time of sale. Examining Burckhart's prior two sells at BPOP, the most recent (2024-08-20) was poorly timed with a subsequent 30-day return of +4.6%, while an earlier sale (2023-11-21) achieved a 30-day return of +11.9% and 90-day return of +18.9%—mixed outcomes with 50% well-timed at the 90-day mark. Fundamentally, the company shows solid health with net income of $177,502,000.00 against quarterly revenue of $39,054,000.00, a P/E of 10.36, and annual revenue growth of +16.0%.

EVP Gilberto Monzon sells 9,600 shares (9.6K) of BPOP at $102.57 for $984,682.56; reduces stake 19.7% to 39,170 shares

EVP Gilberto Monzon sold 9,600 shares of BPOP at $102.57, reducing his holdings by 19.7% from 48,770 to 39,170 shares in a single transaction worth $984,682.56. The sale occurred when the stock was trading 0.9% below its 52-week high of $104.28, following strong near-term momentum (30-day and 90-day gains of +9.2% and +9.6% respectively). While the company shows solid fundamentals with 16.0% annual revenue growth, a P/E of 13.88, and $155.3M in net income, the transaction's significance is moderate—it reflects a notable reduction in an executive's equity stake but remains within typical portfolio management activity. The timing near recent highs and the material reduction in holdings warrant investor attention to any broader context or pattern in executive positioning.

EVP Cestero sells 10,000 BPOP shares at $103.40; retains 17,147 shares (-36.8% of prior holding)

EVP Luis E. Cestero executed a sale of 10,000 shares at $103.40 on 2025-01-31, reducing his holdings from 27,147 shares to 17,147 shares. The sale price of $103.40 is near the 52-week high of $104.28 and well above the current price of $99.91, reflecting a price environment 4.2% below the 52-week peak. Popular Inc. is fundamentally sound with net income of $155,323,000.00, 16.0% annual revenue growth, and a P/E of 13.41 at a $7.1B market cap. The transaction reduces Cestero's position by more than one-third, though he retains material holdings. No circumstances (such as a 10b5-1 plan or scheduled program) are provided in the filing, leaving the transaction's timing motivation opaque.

EVP Sepulveda sold 10,000 BPOP shares at $105.07 (near 52-week high). Reduces stake by 24.3%.

Eli Sepulveda, Executive Vice President of Popular Inc., sold 10,000 shares at $105.07 on 2025-01-30, representing a 24.3% reduction in holdings from 41,193 to 31,193 shares. The transaction occurred at a price 1.3% below the 52-week high of $104.28, amid a strong 30-day rally of 9.4% and 90-day appreciation of 15.0%. Sepulveda's prior BPOP sale in November 2023 produced 90-day returns of 15.6%, indicating his previous BPOP timing resulted in a stock that rose after the sale (poorly timed on a sell basis). The company's fundamentals remain solid with net income of $155,323,000 and annual revenue growth of 16.0%, suggesting the sale occurs in a context of operational strength. This transaction is a substantial reduction in personal exposure but lacks sufficient pattern data or forward-looking signals to indicate urgent investor concern.

EVP Negron sold 10,000 BPOP shares at $104.02; holdings drop 23.3% to 32,866 shares post-transaction.

Eduardo J. Negron, Executive Vice President, sold 10,000 shares of POPULAR, INC. at $104.02 on 2025-01-30, reducing his post-transaction holdings to 32,866 shares and representing a 23.3% decrease from his pre-transaction level of 42,866 shares. The sale occurred near the 52-week high of $104.28, with the stock currently trading at $102.94 after appreciation of 9.4% over 30 days and 15.0% over 90 days. Negron's prior sale at BPOP in 2023-11-22 was not well-timed at the 90-day mark, and his cross-ticker track record shows a 0.00% well-timed rate on prior sells, indicating his historical sales have not consistently preceded stock declines. POPULAR's fundamentals remain solid with annual revenue growth of 16.0%, a P/E of 13.82, and net income of $155,323,000.00, offering limited evidence of deteriorating business conditions that would motivate the sale.

EVP Camille Burckhart sold 5,917 shares of BPOP at $97.60; post-sale holdings at 29,922 shares (-16.5%)

Camille Burckhart, Executive Vice President, sold 5,917 shares at $97.60 on 2024-08-20, reducing holdings by 16.5% to 29,922 shares, with a transaction value of $577.5K. The stock is currently trading at $97.63, 6.4% below its 52-week high of $104.28, and shows modest 30-day weakness of -3.5%. BPOP's fundamentals remain solid with a P/E of 13.79, $177.8M in net income, and 16.0% annual revenue growth. Looking at Burckhart's prior open-market sell at BPOP on 2023-11-21, the stock gained 18.9% in the 90 days following that transaction, indicating the prior sale was not well-timed from a directional perspective. This current sale occurs at a price near recent levels rather than at an elevated point in the stock's recent range, providing limited timing context.