Executive VP at Popular (BPOP) receives 1,469-share restricted stock grant

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.

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^*

Flores Hector Alejandro

(Last) (First) (Middle)

209 MUNOZ RIVERA AVENUE

(Street)

SAN JUAN PR 00918

(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(1)		1,469	A	$0	6,053.302(2)	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.

2. 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.

	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.
* 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.

FAQ

What did POPULAR, INC. (BPOP) insider Hector Alejandro Flores report on this Form 4?

Hector Alejandro Flores reported receiving 1,469 shares of Popular, Inc. common stock as an equity grant. The shares were awarded at no cash cost and increase his directly held position to 6,053.302 shares, reflecting routine executive compensation rather than an open-market purchase.

Is the BPOP stock award to Hector Alejandro Flores immediately vested?

The BPOP stock award is not immediately vested; it is restricted stock that vests in equal annual installments. Vesting dates are February 23 of 2027, 2028, 2029, and 2030, aligning the executive’s compensation with longer-term service and company performance over several years.

How many POPULAR, INC. (BPOP) shares does Hector Alejandro Flores hold after this transaction?

After this transaction, Hector Alejandro Flores directly holds 6,053.302 shares of Popular, Inc. common stock. This total includes the newly granted 1,469 restricted shares and 24.357 shares previously acquired through automatic dividend reinvestment under the company’s dividend reinvestment arrangements.

What type of transaction is reported for BPOP insider Hector Alejandro Flores?

The transaction is an equity grant classified as a grant, award, or other acquisition. It involves 1,469 shares of Popular, Inc. common stock, reported at a price of $0.00 per share, reflecting compensation rather than a market purchase or sale by the executive.

Does the BPOP Form 4 show any stock sales by Hector Alejandro Flores?

The Form 4 does not show any stock sales by Hector Alejandro Flores. It reports only an acquisition of 1,469 restricted shares as an equity award, increasing his total directly held position in Popular, Inc. common stock without any concurrent disposals or open-market selling activity.

How were some of Hector Alejandro Flores’ BPOP shares acquired besides the new grant?

In addition to the new restricted stock grant, 24.357 of Hector Alejandro Flores’ Popular, Inc. shares were acquired via dividend reinvestment. Those dividend reinvestment transactions are exempt from certain reporting rules under Section 16 and reflect automatic reinvestment of cash dividends into additional company shares.