Popular, Inc.: director Carlos Unanue received 159 shares

What happened

• Carlos Unanue, a director, received 159 shares (transaction code A: award/grant) on Oct 1, 2026 at $0.00. The filing characterizes the award as a derivative grant (restricted stock units that convert into common stock).

Key details

• Transaction date and price: Oct 1, 2026 at $0.00 (award/grant, code A).
• Filing date: Oct 5, 2026 (Form 4 accession 0001193125-26-414234).
• Shares owned after the transaction: not stated in the filing excerpt provided.
• Relevant footnotes from the filing:
  • F1: Includes 238.877 shares acquired pursuant to reinvestment of dividends paid by the corporation; those shares were acquired pursuant to Rule 16a-11 and exempt from Section 16.
  • F2: The reporting person disclaims beneficial ownership of these securities; the report is not an admission of beneficial ownership.
  • F3: Restricted stock units convert into common stock on a one-for-one basis.
  • F4: The 159 shares reflect RSUs received as dividend equivalents accrued with respect to outstanding RSUs; dividend equivalents accrue at the same rate and time as dividends to ordinary shareholders and are subject to the same terms as the underlying RSUs.
  • F5: Restricted stock units convert into shares and are issued in equal annual installments on each Aug 15 of the first five years following termination of service as a director.
• Timeliness: the filing date is Oct 5, 2026; the report does not indicate it was late.

Why it may matter

• This was an award/grant of restricted stock units (a derivative grant), not a market purchase or sale.
• The RSUs convert into common stock on a one-for-one basis and include dividend equivalent treatment and a post-termination payment schedule per the footnotes.
• This filing does not show why the insider traded or why the company acted.