Stock awards and tax-share use by POPULAR, INC. (BPOP) executive

Rhea-AI Filing Summary

POPULAR, INC. Executive Vice President Lidio Soriano reported equity compensation activity in common stock. He received two stock grants totaling 6,840 shares at no cash cost, including an award of restricted stock under Popular, Inc.'s Omnibus Incentive Plan that vests in equal annual installments on February 23 of 2027, 2028, 2029 and 2030.

On the same date, a total of 1,173 shares were disposed of at $141.31 per share to satisfy exercise price or tax withholding obligations. After these transactions, Soriano directly owned 109,322.328 shares of Popular common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Soriano Lidio

(Last) (First) (Middle)

P O BOX 362708

(Street)

SAN JUAN PR 00936-2708

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
POPULAR, INC. [ BPOP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock Par Value $0.01 per share	02/25/2026		A		3,858	A	$0	107,513.328	D
Common Stock Par Value $0.01 per share	02/25/2026		F		1,079	D	$141.31	106,434.328	D
Common Stock Par Value $0.01 per share	02/25/2026		A(1)		2,982	A	$0	109,416.328	D
Common Stock Par Value $0.01 per share	02/25/2026		F		94	D	$141.31	109,322.328	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Award of restricted stock pursuant to Popular, Inc.'s Omnibus Incentive Plan. The award vests in equal annual installments on each of February 23, 2027, 2028, 2029, 2030.

	Marie Reyes-Rodriguez, Attorney-in-act	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did BPOP executive Lidio Soriano report?

Lidio Soriano reported receiving two stock grants totaling 6,840 Popular, Inc. common shares and disposing of 1,173 shares to cover exercise price or tax liabilities. All transactions involved common stock with a par value of $0.01 per share.

Were the BPOP insider transactions open-market buys or sells?

The transactions were not open-market trades. Shares were acquired through equity awards at no cash cost and disposed of under code F, meaning shares were delivered to satisfy exercise price or tax withholding obligations, rather than sold in the open market.

How many Popular, Inc. shares does Lidio Soriano own after these Form 4 transactions?

Following the reported transactions, Lidio Soriano directly owned 109,322.328 shares of Popular, Inc. common stock. This figure reflects the combination of equity award grants and the shares delivered to satisfy related tax or exercise price obligations on the transaction date.

What is the vesting schedule of Lidio Soriano’s BPOP restricted stock award?

The award of restricted stock vests in equal annual installments on February 23 of 2027, 2028, 2029 and 2030. These shares were granted under Popular, Inc.'s Omnibus Incentive Plan as part of Soriano’s equity-based compensation.

At what price were BPOP shares disposed of for Soriano’s tax obligations?

Shares delivered to satisfy exercise price or tax liabilities were valued at $141.31 per share. A total of 1,173 common shares were used for these obligations under transaction code F, which covers payment via delivering securities.

What type of security was involved in Lidio Soriano’s BPOP Form 4?

All transactions involved Popular, Inc. common stock with a par value of $0.01 per share. The filing covers non-derivative equity awards and related tax-withholding dispositions associated with Soriano’s role as Executive Vice President.