BPOP Insider Filing: Carrady Disposes 3,256.059 Shares, Receives 154 RSUs
Rhea-AI Filing Summary
Robert Carrady, a director of POPULAR, Inc. (BPOP), reported transactions dated 10/01/2025. The filing shows a disposition of 3,256.059 shares of common stock and acquisition of 154 restricted stock units (RSUs), increasing his reported direct beneficial ownership to 25,178 shares. The report notes 6.584 shares were acquired through dividend reinvestment and that 2,750 shares are held indirectly through Plaza Escorial Cinema Corp., of which Mr. Carrady owns 62.5%. RSUs convert one-for-one into common shares and are issued on the 15th of August following termination of service.
Positive
- 154 RSUs acquired, which will convert one-for-one into common shares
- 6.584 shares added via dividend reinvestment under Rule 16a-11
Negative
- 3,256.059 shares disposed of on 10/01/2025
- Reported beneficial ownership reduced through a sale/disposition event (exact proceeds not disclosed)
Insights
Director reported a net change via a 3,256.059-share disposal and 154 RSUs on 10/01/2025.
The Form 4 documents a disposition of 3,256.059 common shares and the receipt of 154 RSUs, leaving the reporting person with 25,178 directly held shares. The filing also discloses 2,750 shares held indirectly by Plaza Escorial Cinema Corp., where the reporting person has a 62.5% interest.
This is a routine insider reporting of equity movements and dividend-equivalent accruals; the RSUs convert one-for-one and are issued on the 15th of August following termination of service, which is a specific, monitorable vesting/issuance timing disclosed in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 154 | $0.00 | $0.00 |
| holding | Common Stock Par Value $0.01 per share | -- | -- | -- |
| holding | Common Stock Par Value $0.01 per share | -- | -- | -- |
Footnotes (5)
- F1. Includes 6.584 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.
- F2. Popular, Inc.'s common stock held by Plaza Escorial Cinema Corp. of which Mr. Carrady has an ownership interest of 62.5%
- F3. Restricted stock units convert into common stock on a one-for-one basis.
- 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.
- 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.
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