POPULAR, INC.: director Ballester Alejandro M received 101 shares

What happened

• The filing reports that Ballester Alejandro M, a director, was awarded or otherwise acquired 101 shares (derivative) on Oct 1, 2026, at $0.00 per share (total $0.00).
• The transaction is reported as an award/grant (transaction code A) and listed as a derivative security.

Key details

• Transaction date and price: Oct 1, 2026; $0.00 per share.
• Shares owned after the transaction: not stated in the filing.
• Relevant footnotes from the filing:
  • F1: Includes 140.658 shares acquired pursuant to reinvestment of dividends paid by the Corporation; those shares were acquired in transactions exempt from Section 16 under Rule 16a-11.
  • F2: Restricted stock units convert into common stock on a one-for-one basis.
  • F3: The reported RSUs reflect 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.
  • F4: Restricted stock units convert into shares and are issued to the reporting person in equal annual installments on each Aug 15 of the first five years following termination of service as a director.
• Filing timeliness: filed on Oct 5, 2026; the report date is Oct 1, 2026 (filing date matches required reporting window).

Why it may matter

• This was an award/grant of derivative shares (restricted stock units that convert one-for-one per the footnotes); it is not a market sale or purchase of existing shares.
• A filing does not show why the insider traded or why the company acted.