CARRADY ROBERT 4

What Happened Robert Carrady, a director of Popular, Inc. (BPOP), was credited with 141 shares on April 1, 2026 via an award (derivative acquisition) of restricted stock units (RSUs) recorded at $0.00 per share (total reported value $0). The award includes 6.397 shares acquired through dividend reinvestment that were exempt under Rule 16a-11.

Key Details

• Transaction date and type: April 1, 2026 — Award/Acquisition (code A) of 141 shares at $0.00 per share.
• Reported value: $0 (derivative RSU award).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • Includes 6.397 shares from dividend reinvestment exempt from Section 16 under Rule 16a-11.
  • Some Popular stock is held by Plaza Escorial Cinema Corp., of which Mr. Carrady has a 62.5% ownership interest.
  • RSUs convert into common stock on a one-for-one basis; dividend equivalents on RSUs were credited as additional RSUs and are subject to the same terms.
  • RSUs are converted into shares and issued to the reporting person on the August 15 following termination of service (per plan terms).
• Filing timeliness: Report filed April 2, 2026 for a transaction on April 1, 2026; filing not indicated as late.

Context This was an RSU award/dividend-equivalent credit (derivative acquisition), not an open-market purchase or sale. RSU awards are a form of compensation and typically convert to common shares under the plan’s vesting/issuance rules, so they don't necessarily signal the insider buying or selling based on market view.