BALLESTER ALEJANDRO M 4

What Happened

• Alejandro M. Ballester, a director of POPULAR, INC. (BPOP), was awarded 80 restricted stock units (reported as a derivative acquisition) on 2026-07-01. The units were granted at $0.00 (no cash cost reported) and are recorded as an award/grant (transaction code A).

Key Details

• Transaction date and type: 2026-07-01 — Award/Grant of 80 RSUs (derivative).
• Price: $0.00 per unit (no purchase price).
• Shares owned after transaction: not specified in the portions of the filing provided.
• Filing date: 2026-07-02 — appears timely (filed the day after the reported transaction).
• Notable footnotes from the filing:
  • F1: Notes inclusion of 111.417 shares acquired via dividend reinvestment exempt under Rule 16a-11.
  • F2: RSUs convert into common stock on a one-for-one basis.
  • F3: These RSUs reflect dividend equivalents accrued with respect to outstanding RSUs; dividend equivalents follow the same terms as the underlying RSUs.
  • F4: RSUs convert into shares and are issued in equal annual installments on August 15 of each of the first five years following termination of service as a director.

Context

• This is an award of restricted stock units, not an open-market purchase or sale. RSU grants are commonly used as compensation and typically vest or convert to shares under specified schedules; they do not necessarily indicate immediate buying or selling sentiment. The filing indicates how and when the RSUs (and dividend equivalents) convert to shares and includes a dividend reinvestment note.