Richard L. Carrion - 01 Oct 2024 Form 4 Insider Report for POPULAR, INC. (BPOP)

Role
Director
Signature
Marie Reyes-Rodriguez, Attorney-in-fact
Issuer symbol
BPOP
Transactions as of
01 Oct 2024
Net transactions value
$0
Form type
4
Filing time
03 Oct 2024, 11:34:06 UTC
Previous filing
03 Jul 2024
Next filing
13 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BPOP Common Stock Par Value $0.01 per share 217,968 01 Oct 2024 Direct
holding BPOP Common Stock Par Value $0.01 per share 74,467 01 Oct 2024 Junior Investment F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BPOP Restricted Stock Units Award $0 +92 +0.68% $0.000000 13,586 01 Oct 2024 Common Stock Par Value $0.01 per share 92 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Mr. Carrion's indirect ownership in the shares of Popular, Inc. owned by Junior Investment Corporation in which he has approximately 22.0140% interest.
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.