Ferre Maria Luisa 4

4 · POPULAR, INC. · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

POPULAR (BPOP) Director Maria Luisa Ferre Receives 93 RSUs

What Happened

Maria Luisa Ferre, a director of POPULAR, INC. (BPOP), received an award of 93 restricted stock units (RSUs) on April 1, 2026. The filing reports the award at $0.00 per share (derivative grant).
These RSUs are derivative compensation — not an open-market purchase or sale — and convert into common stock on a one-for-one basis under the terms described in the filing.

Key Details

Transaction date: 2026-04-01; Form filed: 2026-04-02.
Transaction type: A (Grant/award); 93 RSUs @ $0.00 (derivative).
Shares owned after transaction: not specified in the filing.
Notable footnotes:
- F1: Filing notes inclusion of 188.129 shares acquired via dividend reinvestment exempt under Rule 16a-11.
- F3/F4: RSUs convert 1:1 into common stock; these particular RSUs include dividend equivalents accrued on outstanding RSUs.
- F5: RSUs convert to and are issued as shares on Aug 15 following termination of director service (per plan terms).
- F2: Ms. Ferre is President and Trustee of the Luis A Ferre Foundation, Inc.
Filing appears timely (reporting period 2026-04-01; filed 2026-04-02).

Context

RSU awards are compensation/benefit-related derivative grants that become shares according to plan rules; they are different from purchases or sales and don’t by themselves indicate a buy/sell sentiment.
Dividend equivalents credited as additional RSUs increase potential future share issuance when the RSUs vest/convert.

Form 4

Period: 2026-04-01

Director

Transactions

Award
Restricted Stock Units
[F3][F4][F5]
2026-04-01+93→ 16,271 total
→ Common Stock Par Value $0.01 per share (93 underlying)

Holdings

Footnotes (5)

[F1]Includes 188.129 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.
[F2]Ms. Ferre is the President and a Trustee of the Luis A Ferre Foundation, Inc.
[F3]Restricted stock units convert into common stock on a one-for-one basis.
[F4]Reflects Restricted Stock Units ("RSUs") received by the reporting person as a result of dividend equivalents accrued with respect to outstanding RSUs granted to the reporting person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to ordinary shareholders. Dividend equivalents on RSUs are subject to the same terms and conditions as the underlying RSUs.
[F5]Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person on the 15th of August following the date of termination of service as a director.

Signature

Marie Reyes-Rodriguez, Attorney-in-act|2026-04-02

1 file