Popular director Maria Luisa Ferre receives 105 stock units

A director's 105 dividend-equivalent RSUs convert one-for-one into common stock, issued on August 15 following termination of director service.

Rhea-AI Filing Summary

Popular, Inc. (BPOP) director Maria Luisa Ferre received 105 restricted stock units on October 1, 2026, as dividend equivalents accrued on outstanding RSUs. Her direct RSU balance was 17,599 after the award. The units convert one-for-one into common stock, issued on August 15 following termination of director service. On October 1, 2026, she directly held 34,576 common shares; the Luis A. Ferre Foundation, Inc. held 10,156 shares indirectly, and Ferre is its president and a trustee.

Insider Trade Summary

Grant/Award: 105 shares

Grant/Award 3 txns

Insider Ferre Maria Luisa

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F3, F4, F5	105	$0.00	$0.00
holding	Common Stock Par Value $0.01 per share F1	--	--	--
holding	Common Stock Par Value $0.01 per share F2	--	--	--

Holdings After Transaction: Restricted Stock Units — 17,599 contracts (Direct); Common Stock Par Value $0.01 per share — 34,575.651 shares (Direct); Common Stock Par Value $0.01 per share — 10,156 shares (Indirect, The Luis A. Ferre Foundation, Inc.)

Footnotes (5)

1. F1. Includes 174.689 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.
2. F2. Ms. Ferre is the President and a Trustee of the Luis A Ferre Foundation, Inc.
3. F3. Restricted stock units convert into common stock on a one-for-one basis.
4. F4. Reflects Restricted Stock Units ("RSUs") received by the reporting person as a result of dividend equivalents accrued with respect to outstanding RSUs granted to the reporting person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to ordinary shareholders. Dividend equivalents on RSUs are subject to the same terms and conditions as the underlying RSUs.
5. F5. Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person on the 15th of August following the date of termination of service as a director.

Key Figures

Restricted stock units awarded: 105 RSUs Direct RSU balance: 17,599 RSUs RSU conversion: 1 common share per RSU +2 more

5 metrics

Restricted stock units awarded 105 RSUs Dividend equivalents on October 1, 2026

Direct RSU balance 17,599 RSUs Following the October 1, 2026 award

RSU conversion 1 common share per RSU Conversion terms

Direct common stock holding 34,576 shares Held on October 1, 2026

Foundation common stock holding 10,156 shares Held indirectly through the Luis A. Ferre Foundation, Inc. on October 1, 2026

Key Terms

Restricted stock units, dividend equivalents, Rule 16a-11

3 terms

Restricted stock units financial

"Restricted stock units convert into common stock on a one-for-one basis"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalents financial

"as a result of dividend equivalents accrued with respect to outstanding RSUs"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

Rule 16a-11 regulatory

"pursuant to Rule 16a-11 thereunder"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did a BPOP director receive?

Popular, Inc. director Maria Luisa Ferre received 105 restricted stock units on October 1, 2026, as dividend equivalents accrued on outstanding RSUs.

When do BPOP RSUs convert into shares?

The units convert into common stock on a one-for-one basis, and the shares are issued to Ferre on August 15 following the date her director service terminates.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 04:20 PM Accepted by SEC EDGAR 10/05/2026 - 04:19 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Ferre Maria Luisa

(Last) (First) (Middle)

P.O. BOX 11924

(Street)

SAN JUAN PUERTO RICO 00922-1924

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

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

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

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

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								34,575.651(1)	D
Common Stock Par Value $0.01 per share								10,156	I(2)	The Luis A. Ferre Foundation, Inc.

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
Restricted Stock Units	(3)	10/01/2026		A(4)		105		(5)	(5)	Common Stock Par Value $0.01 per share	105	$0	17,599	D

Explanation of Responses:

1. Includes 174.689 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.

2. Ms. Ferre is the President and a Trustee of the Luis A Ferre Foundation, Inc.

3. Restricted stock units convert into common stock on a one-for-one basis.

4. Reflects Restricted Stock Units ("RSUs") received by the reporting person as a result of dividend equivalents accrued with respect to outstanding RSUs granted to the reporting person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to ordinary shareholders. Dividend equivalents on RSUs are subject to the same terms and conditions as the underlying RSUs.

5. Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person on the 15th of August following the date of termination of service as a director.

	Marie Reyes-Rodriguez, Attorney-in-fact	10/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)