Popular director granted 1,645 restricted stock units

POPULAR, INC. director Bertil E. Chappuis received a grant of 1,645 restricted stock units under the company’s 2020 Omnibus Incentive Plan.

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Form Type

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.

Insider Trade Summary

Grant/Award: 1,645 shares

Grant/Award 1 txn

Insider Chappuis Bertil E.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,645	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 5,614 contracts (Direct)

Footnotes (3)

F1. Restricted stock units convert into common stock on a one-for-one basis.
F2. Award of restricted stock units pursuant to Popular, Inc.'s 2020 Omnibus Incentive Plan. The award vests on May 8, 2027.
F3. 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.

Key Figures

RSUs granted: 1,645 restricted stock units Holdings after grant: 5,614 restricted stock units Vesting date: May 8, 2027 +1 more

4 metrics

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

Key Terms

Restricted Stock Units, 2020 Omnibus Incentive Plan, vests, converted into an equivalent number of shares, +1 more

5 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."

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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Popular (BPOP) director Bertil E. Chappuis report in this Form 4?

Bertil E. Chappuis reported receiving 1,645 restricted stock units as a grant. The award was issued under Popular, Inc.’s 2020 Omnibus Incentive Plan and represents stock-based compensation rather than an open-market purchase of common shares.

How many Popular (BPOP) restricted stock units does the director hold after this grant?

After the grant of 1,645 restricted stock units, Bertil E. Chappuis holds 5,614 restricted stock units in total. These units represent the right to receive an equivalent number of Popular, Inc. common shares in the future, subject to vesting and settlement terms.

When do the newly granted Popular (BPOP) restricted stock units vest?

The 1,645 restricted stock units granted to director Bertil E. Chappuis vest on May 8, 2027. Vesting means the units become earned, but the actual delivery of common shares follows the post-service installment schedule described in the plan.

How will Popular (BPOP) settle these restricted stock units after vesting?

Once vested, the restricted stock units convert into an equivalent number of Popular common shares. These shares are issued in equal annual installments on each August 15 of the first five years after Chappuis’s service as a director ends, spreading settlement over time.

Are the Popular (BPOP) restricted stock units granted one-for-one with common shares?

Yes. Each restricted stock unit converts into one share of Popular, Inc. common stock. This one-for-one conversion means 1,645 RSUs correspond to 1,645 potential common shares, assuming vesting conditions are met and settlement occurs as outlined.

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Accepted by SEC EDGAR 05/11/2026 - 05:24 PM EDT

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^*

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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/08/2026		A⁽²⁾		1,645		⁽³⁾	⁽³⁾	Common Stock Par Value $0.01 per share	1,645	$0	5,614	D

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-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)

Source: View Original Filing on SEC EDGAR