Garcia Jorge J. 4
Research Summary
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POPULAR (BPOP) CFO Jorge J. Garcia Receives 3,319-Share Award
What Happened Jorge J. Garcia, Executive Vice President & Chief Financial Officer of Popular, Inc. (BPOP), was granted 3,319 restricted shares on February 25, 2026. The shares were awarded at an acquisition price of $0.00 (code A — award/grant), so there was no cash purchase reported. The filing was submitted on February 27, 2026.
Key Details
- Transaction date: 2026-02-25; Filing date: 2026-02-27 (timely filing).
- Transaction type/code: Award/Grant (A). Shares granted: 3,319; price reported: $0.00.
- Vesting: Award vests in equal annual installments on Feb 23 of 2027, 2028, 2029 and 2030 (four annual vesting installments). (Footnote F1)
- Shares owned after transaction: Not specified in the provided Form 4 details.
- No 10b5-1 plan, tax-withholding, or sale noted in this filing.
Context This was a restricted stock award, not an open-market purchase or sale. Awards are common as part of executive compensation and vest over time to align incentives with long-term performance; they do not necessarily signal immediate insider sentiment about the stock.