Popular director awarded 1,477 restricted stock units
POPULAR, INC. director Robert Carrady received a compensation-related award of 1,477 restricted stock units (RSUs) tied to Popular’s common stock.
Rhea-AI Filing Summary
POPULAR, INC. director Robert Carrady received a compensation-related award of 1,477 restricted stock units (RSUs) tied to Popular’s common stock. These RSUs convert into common shares on a one-for-one basis and were granted under Popular’s 2020 Omnibus Incentive Plan.
The award vests on May 8, 2027, and the RSUs are converted into an equivalent number of common shares and issued to Carrady on the 15th of August following his termination of service as a director. After this grant, he holds 26,950 RSUs directly, 3,269.165 common shares directly, and 2,750 common shares indirectly through Plaza Escorial Cinema Corp., in which he has a 62.5% ownership interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,477 | $0.00 | $0.00 |
| holding | Common Stock Par Value $0.01 per share | -- | -- | -- |
| holding | Common Stock Par Value $0.01 per share | -- | -- | -- |
Footnotes (4)
- F1. Popular, Inc.'s common stock held by Plaza Escorial Cinema Corp. of which Mr. Carrady has an ownership interest of 62.5%
- F2. Restricted stock units convert into common stock on a one-for-one basis.
- F3. Award of restricted stock units pursuant to Popular, Inc.'s 2020 Omnibus Incentive Plan. The award vests on May 8, 2027.
- 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
Key Terms
Restricted Stock Units financial
2020 Omnibus Incentive Plan financial
indirect ownership financial
termination of service as a director financial
FAQ
What did BPOP director Robert Carrady report in this Form 4 filing?
How many restricted stock units does Robert Carrady now hold in BPOP?
When do Robert Carrady’s newly granted BPOP RSUs vest and settle?
What is Plaza Escorial Cinema Corp.’s role in Robert Carrady’s BPOP holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.