POPULAR, INC.·4

May 11, 5:43 PM ET

UNANUE CARLOS 4

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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.