UNANUE CARLOS 4
4 · POPULAR, INC. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Popular (BPOP) Director Carlos Unanue Receives RSU Award
What Happened
Carlos Unanue, a director of Popular, Inc. (BPOP), received an award of 1,477 restricted stock units (RSUs) on May 8, 2026. The award was reported as a derivative grant at $0.00 (no cash paid). The RSUs convert into common stock on a one-for-one basis and are issued under Popular’s 2020 Omnibus Incentive Plan. This is a compensation grant (an award), not an open‑market purchase or sale.
Key Details
- Transaction date: May 8, 2026; Grant (code A) of 1,477 RSUs at $0.00.
- Vesting: The award vests on May 8, 2027 (per filing footnote).
- Conversion/issuance: RSUs convert one-for-one into common stock; per the filing they are issued in equal annual installments on August 15 of each of the first five years following the date of termination of service as a director.
- Shares owned after transaction: Not specified in the provided filing details.
- Beneficial ownership disclaimer: The reporting person disclaims beneficial ownership of these securities (footnote).
- Filing timeliness: Form filed May 11, 2026 for the May 8 transaction (timely per the filing).
Context: RSU grants are routine compensation for directors and executives and do not by themselves indicate a buy or sell market signal. These RSUs are a derivative award that will convert into common shares per the plan and vesting/issuance schedule noted above.
Insider Transaction Report
- Award
Restricted Stock Units
[F2][F3][F4]2026-05-08+1,477→ 26,950 total→ Common Stock Par Value $0.01 per share (1,477 underlying)
- 58,878.817
Common Stock Par Value $0.01 per share
- 75,731(indirect: By mother)
Common Stock Par Value $0.01 per share
[F1]
Footnotes (4)
- [F1]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]Restricted stock units convert into common stock on a one-for-one basis.
- [F3]Award of restricted stock units pursuant to Popular, Inc.'s 2020 Omnibus Incentive Plan. The award vests on May 8, 2027.
- [F4]Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person in equal annual installments on each 15th of August of the first five years following the date of termination of service as a director.