Flores Hector Alejandro 4

What Happened

• Hector Alejandro Flores, Executive Vice President of Popular, Inc. (BPOP), received a grant of 1,469 restricted shares on February 25, 2026. The reported acquisition price is $0.00 (award/grant), so the filing shows $0 cash paid for the shares. This is an equity compensation award, not a market purchase or sale.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (timely within the usual 2-business-day window).
• Transaction code: A (award/grant). Reported price: $0.00; total reported cash value: $0.
• Vesting: Per footnote, the restricted stock vests in equal annual installments on February 23 of 2027, 2028, 2029 and 2030.
• Ownership after transaction: Not specified in the provided filing details.
• Additional note (F2): Filing references 24.357 shares acquired via dividend reinvestment, which were exempt from Section 16 reporting under Rule 16a-11.

Context

• Restricted stock awards are compensation that typically vest over time and are subject to forfeiture until vested; they are not the same as an open-market purchase and do not necessarily signal insider buying intent.
• This transaction reflects routine compensation under the company's omnibus incentive plan rather than a direct investment decision by the insider.