POPULAR, INC. 8-K

What Happened Popular, Inc. (BPOP) filed an 8‑K reporting that director Myrna M. Soto informed the Board on February 25, 2026 that she will not stand for re‑election when her current term expires at the Corporation’s 2026 Annual Meeting of Shareholders, currently scheduled for May 8, 2026. The filing says Ms. Soto’s decision was not due to any disagreement with the company on its operations, policies or practices. In connection with her retirement, the Board has decided to reduce its size from twelve to eleven directors effective at the 2026 Annual Meeting.

Key Details

• Director: Myrna M. Soto notified the Board on February 25, 2026 of her decision not to run for re‑election.
• Annual meeting date: Current term expires at the 2026 Annual Meeting scheduled for May 8, 2026.
• Board size change: Board will be reduced from 12 to 11 members, effective at the 2026 Annual Meeting.
• No disagreement: The filing states her decision was not the result of any disagreement with the company on operations, policies or practices.

Why It Matters This is a governance-level change that reduces the number of independent directors on Popular’s Board by one. For investors, the change signals a routine board turnover with no reported disputes with management. It could slightly affect board committee composition or voting dynamics, but the filing contains no indication of operational or financial impact on the company.