false 0000763901 0000763901 2026-02-25 2026-02-25 0000763901 us-gaap:CommonStockMember 2026-02-25 2026-02-25 0000763901 us-gaap:CumulativePreferredStockMember 2026-02-25 2026-02-25
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 25, 2026
POPULAR, INC.
(Exact name of registrant as specified in its charter)
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| Puerto Rico |
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001-34084 |
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66-0667416 |
| (State or other jurisdiction of incorporation or organization) |
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(Commission File Number) |
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(IRS Employer Identification Number) |
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| 209 Muñoz Rivera Avenue Hato Rey, Puerto Rico |
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00918 |
| (Address of principal executive offices) |
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(Zip code) |
(787) 765-9800
(Registrant’s telephone number, including area code)
NOT APPLICABLE
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
| Common Stock ($0.01 par value) |
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BPOP |
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The NASDAQ Stock Market |
| 6.125% Cumulative Monthly Income Trust Preferred Securities |
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BPOPM |
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The NASDAQ Stock Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On February 25, 2026, Myrna M. Soto informed the Board of Directors (the “Board”) of Popular, Inc. (the “Corporation”) of her decision not to stand for re-election to the Corporation’s Board upon the expiration of her current term, which expires at the Corporation’s 2026 Annual Meeting of Shareholders, currently scheduled for May 8, 2026. Ms. Soto’s decision not to stand for re-election did not result from any disagreement with the Corporation on any matter relating to the Corporation’s operations, policies or practices.
In connection with Ms. Soto’s retirement as a member of the Board, the Board has determined to reduce the size of the Board from twelve to eleven directors, to be effective as of the Corporation’s 2026 Annual Meeting of Shareholders.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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POPULAR, INC. (Registrant) |
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| Date: February 27, 2026 |
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By: |
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/s/ José R. Coleman Tió |
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José R. Coleman Tió |
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Executive Vice President and Chief Legal Officer |
