Popular (NASDAQ: BPOP) CEO granted stock awards, settles taxes in shares

Rhea-AI Filing Summary

POPULAR, INC. President and CEO Javier D. Ferrer reported equity compensation and related tax-withholding transactions in common stock. On February 25, 2026, he acquired 7,661 and 16,135 shares at $0.00 per share as restricted stock awards under Popular, Inc.'s Omnibus Incentive Plan, which vest in equal annual installments on each of February 23, 2027, 2028, 2029, and 2030.

On the same date, shares totaling 2,097 and 506 were disposed of at $141.31 per share to cover tax liabilities by delivering shares. After these transactions, he directly owned 116,144.64 common shares. An additional 1,167 shares are held indirectly by his wife; he disclaims beneficial ownership and has no investment authority over those shares.

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

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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^*

FERRER JAVIER D.

(Last) (First) (Middle)

P O BOX 362708

(Street)

SAN JUAN PR 00936-2708

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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

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

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

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	02/25/2026		A		7,661	A	$0	102,612.64	D
Common Stock Par Value $0.01 per share	02/25/2026		F		2,097	D	$141.31	100,515.64	D
Common Stock Par Value $0.01 per share	02/25/2026		A(1)		16,135	A	$0	116,650.64	D
Common Stock Par Value $0.01 per share	02/25/2026		F		506	D	$141.31	116,144.64	D
Common Stock Par Value $0.01 per share								1,167	I(2)	by wife

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

Explanation of Responses:

1. Award of restricted stock pursuant to Popular, Inc.'s Omnibus Incentive Plan. The award vests in equal annual installments on each of February 23, 2027, 2028, 2029, 2030.

2. Mr. Ferrer disclaims beneficial ownership of Popular, Inc.'s shares held by his wife and has no investment authority over those shares.

	Marie Reyes-Rodriguez, Attorney-in-act	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did BPOP CEO Javier D. Ferrer report?

Javier D. Ferrer reported restricted stock awards and tax-related share dispositions. He received two stock awards totaling 23,796 common shares and had 2,603 shares withheld at $141.31 per share to satisfy tax obligations, all dated February 25, 2026.

How many Popular (BPOP) shares does the CEO own after this Form 4?

After the reported transactions, Javier D. Ferrer directly owns 116,144.64 BPOP shares. The filing also notes 1,167 shares held indirectly by his wife, for which he disclaims beneficial ownership and has no investment authority.

What type of equity awards did BPOP grant to its CEO?

The CEO received awards of restricted common stock under Popular, Inc.'s Omnibus Incentive Plan. These include 7,661 and 16,135 shares, granted at no cash cost, vesting in equal annual installments from February 23, 2027 through February 23, 2030.

Why were some BPOP shares disposed of in Javier D. Ferrer’s Form 4?

Shares were disposed of to cover tax liabilities on the equity awards. Transactions coded “F” show 2,097 and 506 shares delivered at $141.31 per share as payment of tax obligations associated with the restricted stock grants.

Does the BPOP CEO control the shares held by his wife?

The filing states he disclaims beneficial ownership of shares held by his wife. It explains that he has no investment authority over those 1,167 Popular, Inc. shares, which are reported as indirectly held but attributed to her, not to him personally.