Popular (BPOP) EVP gets restricted stock grants and tax share disposal

Rhea-AI Filing Summary

POPULAR, INC. Executive Vice President Camille Burckhart reported equity compensation changes in company common stock. On February 25, 2026, she acquired 3,406 shares and 2,640 shares of restricted stock at no cost under Popular, Inc.'s Omnibus Incentive Plan. According to the award terms, these restricted shares vest in equal annual installments on each of February 23, 2027, 2028, 2029, and 2030. On the same date, 932 shares were disposed of at $141.31 per share to cover tax obligations by delivering shares, rather than through an open-market sale.

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

OMB APPROVAL

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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^*

Burckhart Camille

(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		3,406	A	$0	30,094.998	D
Common Stock Par Value $0.01 per share	02/25/2026		F		932	D	$141.31	29,162.998	D
Common Stock Par Value $0.01 per share	02/25/2026		A(1)		2,640	A	$0	31,802.998	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 Vice President Camille Burckhart report?

Camille Burckhart reported receiving two grants of Popular, Inc. common stock and a related tax share disposition. She acquired 3,406 and 2,640 restricted shares at no cost and had 932 shares withheld at $141.31 each to satisfy tax obligations through share delivery.

How many Popular, Inc. (BPOP) shares did the EVP acquire in this Form 4?

The Executive Vice President acquired 3,406 and 2,640 shares of Popular, Inc. common stock as restricted stock awards. Both grants were recorded at a price of $0.00 per share as equity compensation under the company’s Omnibus Incentive Plan, not as open-market purchases.

What does the 932-share disposition in the BPOP Form 4 represent?

The 932-share disposition reflects payment of tax liability by delivering securities, not a traditional open-market sale. Shares were valued at $141.31 each and used to cover withholding taxes tied to the equity awards, consistent with a tax-withholding disposition coded as “F.”

How do the BPOP restricted stock awards for the EVP vest over time?

The restricted stock awards vest in equal annual installments on February 23, 2027, 2028, 2029, and 2030. This means portions of the granted Popular, Inc. shares become fully owned each year, aligning executive compensation with longer-term service and performance horizons.

Does the BPOP Form 4 indicate open-market buying or selling by the EVP?

The transactions do not show open-market buying or selling. They consist of restricted stock grants at $0.00 per share and a tax-withholding disposition, where 932 shares were delivered at $141.31 each to satisfy tax obligations tied to those equity awards.