Popular director granted restricted stock units

POPULAR, INC. director Maria Luisa Ferre reported an award of 1,141 restricted stock units (RSUs) that convert into common stock on a one-for-one basis.

Rhea-AI Filing Summary

POPULAR, INC. director Maria Luisa Ferre reported an award of 1,141 restricted stock units (RSUs) that convert into common stock on a one-for-one basis. This is a compensation-related grant, not an open-market share purchase or sale.

Following the award, she holds 37,326.212 shares of common stock directly and 13,541 shares indirectly through The Luis A. Ferre Foundation, Inc. She also holds 17,412 RSUs in total. The new RSU award was granted under Popular, Inc.'s 2020 Omnibus Incentive Plan, vests on May 8, 2027, and RSUs are settled in common stock after her service as a director ends.

Insider Trade Summary

Grant/Award: 1,141 shares

Grant/Award 3 txns

Insider Ferre Maria Luisa

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,141	$0.00	$0.00
holding	Common Stock Par Value $0.01 per share	--	--	--
holding	Common Stock Par Value $0.01 per share	--	--	--

Holdings After Transaction: Restricted Stock Units — 17,412 contracts (Direct); Common Stock Par Value $0.01 per share — 37,326.212 shares (Direct); Common Stock Par Value $0.01 per share — 13,541 shares (Indirect, The Luis A. Ferre Foundation, Inc.)

Footnotes (4)

1. F1. Ms. Ferre is the President and a Trustee of the Luis A Ferre Foundation, Inc.
2. F2. Restricted stock units convert into common stock on a one-for-one basis.
3. F3. Award of restricted stock units pursuant to Popular, Inc.'s 2020 Omnibus Incentive Plan. The award vests on May 8, 2027.
4. F4. 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.

Key Figures

New RSU grant: 1,141 units RSUs outstanding: 17,412 units Direct common shares: 37,326.212 shares +2 more

5 metrics

New RSU grant 1,141 units Restricted stock units awarded on May 8, 2026

RSUs outstanding 17,412 units Total restricted stock units held after award

Direct common shares 37,326.212 shares Common Stock, par value $0.01 per share, held directly

Indirect common shares 13,541 shares Common Stock held indirectly via The Luis A. Ferre Foundation, Inc.

RSU vesting date May 8, 2027 Vesting date for 1,141 RSUs granted under 2020 Omnibus Incentive Plan

Key Terms

Restricted Stock Units, 2020 Omnibus Incentive Plan, indirect, grant/award acquisition

4 terms

Restricted Stock Units financial

"Restricted stock units convert into common stock on a one-for-one basis."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2020 Omnibus Incentive Plan financial

"Award of restricted stock units pursuant to Popular, Inc.'s 2020 Omnibus Incentive Plan."

indirect financial

"Indirect ownership through The Luis A. Ferre Foundation, Inc."

grant/award acquisition financial

"Transaction code A indicates a grant/award acquisition of RSUs."

FAQ

What did POPULAR, INC. (BPOP) director Maria Luisa Ferre report in this Form 4?

Maria Luisa Ferre reported receiving 1,141 restricted stock units (RSUs) as a compensation award. These RSUs convert into common stock on a one-for-one basis and increase her total RSU holdings while not involving any open-market share purchases or sales.

How many POPULAR, INC. (BPOP) shares does Maria Luisa Ferre now hold directly and indirectly?

After the reported transactions, Maria Luisa Ferre holds 37,326.212 common shares directly and 13,541 shares indirectly through The Luis A. Ferre Foundation, Inc. These figures show her combined direct and foundation-related ownership stake in Popular, Inc. common stock.

How many restricted stock units (RSUs) does Maria Luisa Ferre hold in BPOP after this award?

Following the new grant, Maria Luisa Ferre holds 17,412 restricted stock units tied to Popular, Inc. common stock. The award added 1,141 RSUs, which will ultimately convert into an equal number of shares, subject to the vesting schedule and settlement conditions.

When do Maria Luisa Ferre’s new POPULAR, INC. (BPOP) RSUs vest and settle?

The newly granted 1,141 RSUs vest on May 8, 2027 under the 2020 Omnibus Incentive Plan. According to the terms, vested RSUs are converted into common stock and issued on August 15 following the end of her service as a director.

Is Maria Luisa Ferre’s Form 4 for BPOP an open-market stock transaction?

No, the filing reflects a grant of restricted stock units, not an open-market buy or sell. RSU awards are part of director compensation, with shares delivered later upon vesting and after her service as a director ends, rather than immediate market trading.

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Accepted by SEC EDGAR 05/11/2026 - 05:17 PM Learn about SEC filing dates

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^*

Ferre Maria Luisa

(Last) (First) (Middle)

P.O. BOX 11924

(Street)

SAN JUAN PUERTO RICO 00922-1924

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
POPULAR, INC. [ BPOP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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								37,326.212	D
Common Stock Par Value $0.01 per share								13,541	I(1)	The Luis A. Ferre Foundation, Inc.

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
Restricted Stock Units	(2)	05/08/2026		A(3)		1,141		(4)	(4)	Common Stock Par Value $0.01 per share	1,141	$0	17,412	D

Explanation of Responses:

1. Ms. Ferre is the President and a Trustee of the Luis A Ferre Foundation, Inc.

2. Restricted stock units convert into common stock on a one-for-one basis.

3. Award of restricted stock units pursuant to Popular, Inc.'s 2020 Omnibus Incentive Plan. The award vests on May 8, 2027.

4. 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.

	Marie Reyes-Rodriguez, Attorney-in-act	05/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)