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Popular Inc (BPOP) director Myrna Soto to retire, Board cut to 11

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Form Type
8-K

Rhea-AI Filing Summary

Popular, Inc. announced that director Myrna M. Soto has decided not to stand for re-election when her current term ends at the 2026 Annual Meeting of Shareholders, scheduled for May 8, 2026. The company states that her decision is not due to any disagreement regarding operations, policies, or practices.

When her term ends, the Board of Directors will be reduced from twelve to eleven members, effective as of the 2026 Annual Meeting. This change reflects her planned retirement from the Board rather than a broader governance overhaul.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Understanding 8-K Material Events →
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 25, 2026

 

 

POPULAR, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Puerto Rico   001-34084   66-0667416

(State or other jurisdiction of

incorporation or organization)

  

(Commission

File Number)

  

(IRS Employer

Identification Number)

 

209 Muñoz Rivera Avenue

Hato Rey, Puerto Rico

   00918
(Address of principal executive offices)   (Zip code)

(787) 765-9800

(Registrant’s telephone number, including area code)

NOT APPLICABLE

(Former name, former address and former fiscal year, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  ☐

Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  ☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  ☐

Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  ☐

Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading

Symbol(s)

  

Name of each exchange

on which registered

Common Stock ($0.01 par value)   BPOP   The NASDAQ Stock Market
6.125% Cumulative Monthly Income Trust Preferred Securities   BPOPM   The NASDAQ Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On February 25, 2026, Myrna M. Soto informed the Board of Directors (the “Board”) of Popular, Inc. (the “Corporation”) of her decision not to stand for re-election to the Corporation’s Board upon the expiration of her current term, which expires at the Corporation’s 2026 Annual Meeting of Shareholders, currently scheduled for May 8, 2026. Ms. Soto’s decision not to stand for re-election did not result from any disagreement with the Corporation on any matter relating to the Corporation’s operations, policies or practices.

In connection with Ms. Soto’s retirement as a member of the Board, the Board has determined to reduce the size of the Board from twelve to eleven directors, to be effective as of the Corporation’s 2026 Annual Meeting of Shareholders.

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

       

POPULAR, INC.

(Registrant)

Date: February 27, 2026     By:  

/s/ José R. Coleman Tió

      José R. Coleman Tió
      Executive Vice President and Chief Legal Officer

Source: View Original Filing on SEC EDGAR

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