Ferre Maria Luisa 4

What Happened

• Ferre Maria Luisa, a director of Popular, Inc. (BPOP), was granted 1,141 restricted stock units (RSUs) on May 8, 2026. The Form 4 reports the award as a derivative grant (code A) at a $0.00 acquisition price; the filing shows $0 in cash consideration because this is a compensation award rather than an open-market purchase.

Key Details

• Transaction date: May 8, 2026; Form 4 filed May 11, 2026 (filed within the normal reporting window).
• Grant: 1,141 restricted stock units (RSUs); reported price: $0.00 (compensatory award).
• Vesting: Award vests on May 8, 2027 (footnote F3).
• Conversion/issuance: RSUs convert into common stock on a one-for-one basis (F2). Footnote F4 states RSUs are converted into and issued as shares to the reporting person on August 15 following termination of service as a director.
• Shares owned after transaction: not specified in this filing.
• Related-party note: Ms. Ferre is President and a Trustee of the Luis A. Ferre Foundation, Inc. (F1).

Context

• This is a compensation grant (RSUs) to a director, not an open-market purchase or sale. Such awards are routine forms of equity compensation and do not by themselves indicate the insider is buying or selling stock in the market. The RSUs vest in one year and will convert to common shares per the plan’s terms.