GOODWIN C KIM 4

What Happened

• Goodwin C. Kim, a director of Popular, Inc. (BPOP), received a derivative award of 80 restricted stock units (RSUs) on July 1, 2026. The award is reported at $0.00 per unit (no cash purchase); RSUs convert into common stock on a one-for-one basis under the plan terms.

Key Details

• Transaction date: July 1, 2026 — Grant / award (derivative) of 80 RSUs at $0.00 per unit.
• Filing date: Form 4 filed July 6, 2026 (five days after the reported transaction).
• Ownership after transaction: Not specified in the provided excerpt. (Footnote F1 notes 178.787 shares were acquired via dividend reinvestment in exempt transactions.)
• Relevant footnotes:
  • F1: 178.787 shares were acquired through dividend reinvestment (exempt under Rule 16a‑11).
  • F2: RSUs convert into common stock on a 1:1 basis.
  • F3: Some RSUs reflect dividend equivalents accrued and credited as additional RSUs under the same terms as the underlying awards.
  • F4: RSUs are issued as common shares on the August 15 following termination of service (per plan terms).

Context

• This is an equity award (RSUs), a form of deferred compensation rather than an open‑market purchase or sale. RSU grants are common for directors and do not by themselves indicate immediate buying/selling of shares; conversion and issuance depend on plan conditions described above. The Form 4 was filed several days after the transaction date; Form 4s are typically due within two business days of the transaction, so investors may want to check the SEC filing history for any amendments or explanations.