Popular director Carrady receives 159 stock units
The restricted stock units convert one-for-one into common shares, which are issued on August 15 following termination of service as a director.
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Rhea-AI Filing Summary
Popular, Inc. director Robert Carrady received 159 restricted stock units on October 1, 2026, as dividend equivalents accrued on his outstanding RSUs. His reported RSU balance following the award was 27,232. Each RSU converts into one common share, issued on August 15 following termination of service as a director. Carrady directly held 3,281 common shares; another 2,750 shares were held indirectly by Plaza Escorial Cinema Corp., in which he has a 62.5% ownership interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F3, F4, F5 | 159 | $0.00 | $0.00 |
| holding | Common Stock Par Value $0.01 per share F1 | -- | -- | -- |
| holding | Common Stock Par Value $0.01 per share F2 | -- | -- | -- |
Footnotes (5)
- F1. Includes 6.471 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. Popular, Inc.'s common stock held by Plaza Escorial Cinema Corp. of which Mr. Carrady has an ownership interest of 62.5%.
- F3. Restricted stock units convert into common stock on a one-for-one basis.
- F4. 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.
- F5. 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
dividend equivalents financial
Rule 16a-11 regulatory
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How many RSUs did BPOP director Robert Carrady receive?
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