POPULAR director receives 91 RSUs via dividends
POPULAR, INC. director GOODWIN C KIM received 91 Restricted Stock Units as a grant of dividend-equivalent RSUs that accrue at the same rate as shareholder dividends.
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Form Type
4
Rhea-AI Filing Summary
POPULAR, INC. director GOODWIN C KIM received 91 Restricted Stock Units as a grant of dividend-equivalent RSUs that accrue at the same rate as shareholder dividends. These RSUs convert into common stock on a one-for-one basis and are issued on the August 15 following the end of board service. Following this award, the director holds 15,915 RSUs and 44,268.367 common shares directly, including 223.119 shares acquired through dividend reinvestment.
Insider Trade Summary
Grant/Award: 91 shares
Grant/Award
2 txns
Insider
GOODWIN C KIM
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 91 | $0.00 | $0.00 |
| holding | Common Stock Par Value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 15,915 contracts (Direct);
Common Stock Par Value $0.01 per share — 44,268.367 shares (Direct)
Footnotes (4)
- F1. Includes 223.119 shares acquired pursuant to reinvestment of dividends paid by the Corporation. The shares were acquired in transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder.
- F2. Restricted stock units convert into common stock on a one-for-one basis.
- F3. 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.
- 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
RSUs granted: 91 Restricted Stock Units
RSUs after transaction: 15,915 RSUs
Common shares held: 44,268.367 shares
+1 more
4 metrics
RSUs granted
91 Restricted Stock Units
Dividend-equivalent grant on 2026-04-01
RSUs after transaction
15,915 RSUs
Total Restricted Stock Units held after award
Common shares held
44,268.367 shares
Direct BPOP common stock holdings after transaction
Dividend reinvestment shares
223.119 shares
Shares acquired via dividend reinvestment under Rule 16a-11
Key Terms
Restricted Stock Units, dividend equivalents, Section 16, Rule 16a-11
4 terms
Restricted Stock Units financial
"Reflects Restricted Stock Units ("RSUs") received by the reporting person as a result of dividend equivalents"
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.
dividend equivalents financial
"Dividend equivalents are accrued at the same rate and at the same time as dividends are paid"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Section 16 regulatory
"transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-11 regulatory
"exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GOODWIN C KIM report at POPULAR, INC. (BPOP)?
Director GOODWIN C KIM reported receiving 91 Restricted Stock Units as a dividend-equivalent grant. These units accrue based on dividends paid to shareholders and increase the director’s deferred equity compensation without any open-market share purchase or sale activity.
How many Restricted Stock Units does GOODWIN C KIM hold after this Form 4 for BPOP?
After this grant, GOODWIN C KIM holds 15,915 Restricted Stock Units. Each RSU represents a right to receive one share of POPULAR, INC. common stock, generally delivered after the director’s service on the board ends, on the specified August 15 date.
What is the source of the 91 RSUs granted to GOODWIN C KIM at POPULAR, INC.?
The 91 Restricted Stock Units represent dividend equivalents on outstanding RSUs previously granted to the director. Dividend equivalents are credited at the same rate and time as dividends paid to ordinary shareholders, increasing the RSU balance rather than paying cash dividends.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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