Popular executive awarded 687 restricted shares
POPULAR, INC. reported an insider equity award to Senior VP & Comptroller Denissa Rodriguez Adorno.
Rhea-AI Filing Summary
POPULAR, INC. reported an insider equity award to Senior VP & Comptroller Denissa Rodriguez Adorno. She acquired 687 shares of common stock at no cost as a grant of restricted stock under Popular, Inc.'s Omnibus Incentive Plan.
The restricted stock award vests in equal annual installments on February 23, 2027, 2028, 2029, and 2030, meaning she will receive a portion of the shares each year if vesting conditions are met. After this award, her direct holdings total 3,107.467 shares of Popular common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 687 shares
Grant/Award
1 txn
Insider
Rodriguez Adorno Denissa
Role
Senior VP & Comptroller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Par Value $0.01 per share | 687 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock Par Value $0.01 per share — 3,107.467 shares (Direct)
Footnotes (1)
- 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.
FAQ
What insider transaction did Popular (BPOP) report for Denissa Rodriguez Adorno?
Popular reported an equity award to Denissa Rodriguez Adorno. She received 687 shares of common stock as a restricted stock grant under Popular’s Omnibus Incentive Plan, increasing her direct holdings to 3,107.467 shares.
What type of equity award did the Popular (BPOP) executive receive?
The executive received an award of restricted stock. The 687 shares of Popular common stock were granted under the Omnibus Incentive Plan and are subject to a multi-year vesting schedule tied to specific future dates.
What is the vesting schedule for the Popular (BPOP) restricted stock award?
The restricted stock vests in four equal annual installments. The installments vest on February 23 of 2027, 2028, 2029, and 2030, spreading the benefit of the 687-share grant over those four years.
AI-generated analysis. How Rhea-AI works. Not financial advice.