Ferre Maria Luisa 4

4 · POPULAR, INC. · Filed Jul 6, 2026

AI-generated summary of this filing

Updated Jul 6, 2026

POPULAR (BPOP) Director Maria Luisa Ferre Receives Award (82 RSUs)

What Happened

Maria Luisa Ferre, a director of POPULAR, INC. (BPOP), was granted 82 restricted stock units (RSUs) on July 1, 2026. The report shows the award as 82 shares at $0.00 (derivative award), meaning no cash was paid; the RSUs represent the right to receive common shares under the company’s RSU plan.

Key Details

Transaction date: 2026-07-01; Filing date: 2026-07-06 (appears timely given the July 3 holiday/weekend).
Grant: 82 RSUs recorded as an award (code A); reported price $0.00; reported dollar value $0.
Shares owned after transaction: Not specified in the provided excerpt of the filing.
Relevant footnotes from the filing:
- F3/F4: RSUs convert into common stock on a one-for-one basis; these RSUs include dividend equivalents accrued with respect to outstanding RSUs.
- F5: RSUs are converted to and issued as shares on the 15th of August following the director’s termination of service (i.e., issuance may be deferred until termination).
- F1/F2 provide background on other share acquisitions and Ms. Ferre’s role with the Luis A. Ferre Foundation, Inc.
This is a derivative award grant (not an open-market purchase or sale).

Context

RSU grants are a form of compensation/retention; they do not represent immediate cash transactions and typically convert to actual shares according to the award’s vesting/issuance rules. Because these RSUs are recorded at $0.00 at grant, no cash changed hands at the time of the filing.

Form 4

Period: 2026-07-01

Director

Transactions

Award
Restricted Stock Units
[F3][F4][F5]
2026-07-01+82→ 17,494 total
→ Common Stock Par Value $0.01 per share (82 underlying)

Holdings

Footnotes (5)

[F1]Includes 150.750 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.
[F2]Ms. Ferre is the President and a Trustee of the Luis A Ferre Foundation, Inc.
[F3]Restricted stock units convert into common stock on a one-for-one basis.
[F4]Reflects Restricted Stock Units ("RSUs") received by the reporting person as a result of dividend equivalents accrued with respect to outstanding RSUs granted to the reporting person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to ordinary shareholders. Dividend equivalents on RSUs are subject to the same terms and conditions as the underlying RSUs.
[F5]Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person on the 15th of August following the date of termination of service as a director.

Signature

Marie Reyes-Rodriguez, Attorney-in-fact|2026-07-06

1 file