Ferre Maria Luisa 4

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.