GOODWIN C KIM 4

What Happened
Goodwin C. Kim, a director of POPULAR, INC. (BPOP), was granted 91 restricted stock units (RSUs) on April 1, 2026. The grant is reported as a derivative award at $0.00 per share (no cash paid). This was an award/compensation transaction (code A), not an open-market buy or sale.

Key Details

• Transaction date: 2026-04-01; reported on Form 4 filed 2026-04-02 (timely filing).
• Transaction type/code: Award/Grant (A); 91 RSUs @ $0.00 (derivative).
• Shares owned after transaction: not specified in the filing.
• Notable footnotes from the filing:
  • F2: RSUs convert into common stock on a one-for-one basis.
  • F3: The reported RSUs include dividend equivalents accrued on outstanding RSUs (dividend equivalents follow same terms as underlying RSUs).
  • F4: RSUs are converted into shares and issued to the reporting person on the 15th of August following termination of service as a director.
  • F1 (general note in filing): references 223.119 shares acquired via dividend reinvestment exempt under Rule 16a-11 (exempt from Section 16 reporting).

Context
RSU awards like this are compensation or dividend-equivalent accruals rather than market purchases or sales, so they don't directly signal buying or selling intent. As a derivative award, the RSUs will convert 1:1 into common shares under the terms noted (including issuance timing tied to termination per F4).