Popular EVP granted 1,469 restricted shares
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
POPULAR, INC. Executive Vice President Hector Alejandro Flores reported an award of 1,469 shares of common stock, granted at no cash cost to him as equity compensation. After this grant, his directly held stake increased to 6,053.302 shares.
The award consists of restricted stock under Popular, Inc.'s Omnibus Incentive Plan and will vest in equal annual installments on each of February 23, 2027, 2028, 2029, and 2030, tying the value of the grant to continued service and future company performance. His holdings also include 24.357 shares previously acquired through automatic dividend reinvestment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Par Value $0.01 per share | 1,469 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Includes 24.357 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did POPULAR, INC. (BPOP) insider Hector Alejandro Flores report on this Form 4?
Is the BPOP stock award to Hector Alejandro Flores immediately vested?
What type of transaction is reported for BPOP insider Hector Alejandro Flores?
Does the BPOP Form 4 show any stock sales by Hector Alejandro Flores?
AI-generated analysis. How Rhea-AI works. Not financial advice.