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Director at Popular (NASDAQ: BPOP) granted 1,645 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

POPULAR, INC. director Bertil E. Chappuis received a grant of 1,645 restricted stock units under the company’s 2020 Omnibus Incentive Plan. These RSUs vest on May 8, 2027 and convert into common stock on a one-for-one basis.

Following this award, Chappuis holds 5,614 restricted stock units. After his service as a director ends, the vested RSUs will be settled in common shares in equal annual installments each August 15 over five years.

Positive

  • None.

Negative

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Insider Chappuis Bertil E.
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,645 $0.00 --
Holdings After Transaction: Restricted Stock Units — 5,614 shares (Direct, null)
Footnotes (1)
  1. Restricted stock units convert into common stock on a one-for-one basis. Award of restricted stock units pursuant to Popular, Inc.'s 2020 Omnibus Incentive Plan. The award vests on May 8, 2027. Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person in equal annual installments on each 15th of August of the first five years following the date of termination of service as a director.
RSUs granted 1,645 restricted stock units Awarded on May 8, 2026 under 2020 Omnibus Incentive Plan
Holdings after grant 5,614 restricted stock units Total RSU holdings following the reported transaction
Vesting date May 8, 2027 Restricted stock units vest on this date
Settlement schedule Five equal annual installments each August 15 Share delivery after termination of director service
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."
vests financial
"The award vests on May 8, 2027."
converted into an equivalent number of shares financial
"Restricted stock units are converted into an equivalent number of shares of common stock."
equal annual installments financial
"issued to the reporting person in equal annual installments on each 15th of August"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Chappuis Bertil E.
(Last)(First)(Middle)
P O BOX 362708
(Street)
SAN JUAN PUERTO RICO 00936-2708
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/08/2026A(2)1,645 (3) (3)Common Stock Par Value $0.01 per share1,645$05,614D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. Award of restricted stock units pursuant to Popular, Inc.'s 2020 Omnibus Incentive Plan. The award vests on May 8, 2027.
3. Restricted stock units are converted into an equivalent number of shares of common stock and issued to the reporting person in equal annual installments on each 15th of August of the first five years following the date of termination of service as a director.
Marie Reyes-Rodriguez, Attorney-in-act05/11/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

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