POPULAR, Inc. (BPOP) director receives 90 RSUs on 10/01/2025
Jose Ramon Rodriguez, a director of POPULAR, INC.
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Rhea-AI Filing Summary
Jose Ramon Rodriguez, a director of POPULAR, INC. (BPOP), reported a transaction dated 10/01/2025 showing receipt of 90 Restricted Stock Units (RSUs) attributed to accrued dividend equivalents on his outstanding RSUs. The filing states RSUs convert one-for-one into common shares and that the reporting person owned 14,527 shares of common stock following the transaction. The RSUs are issued to the reporting person on the 15th of August following termination of service as a director, and the position is held directly. The Form 4 was signed by an attorney-in-fact on 10/03/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 90 | $0.00 | $0.00 |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. 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.
- F3. 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.
FAQ
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What did POPULAR, INC. (BPOP) director Jose Ramon Rodriguez report on Form 4?
When do the RSUs convert into common stock for Jose Ramon Rodriguez?
What was the relationship of the reporting person to POPULAR, INC.?
Who signed the Form 4 and when was it signed?
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