Ferre Maria Luisa 4

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.