A Form 4 filed on August 20, 2026, reports that Jorge J. Garcia, Executive Vice President and CFO of Popular, Inc. (NASDAQ:BPOP), was awarded restricted common stock on August 19, 2026, under the company's Omnibus Incentive Plan.

Key Highlights

  • Award size: 5,733 shares of Common Stock (par value $0.01 per share) were acquired at a price of $0 on August 19, 2026.
  • Vesting schedule: The restricted stock vests in equal annual installments on February 23 of 2027, 2028, 2029, and 2030.
  • Total beneficial ownership: Following the transaction, Garcia beneficially owns 25,410.684 shares directly.
  • Dividend reinvestment: The total includes 130.113 shares acquired through reinvestment of dividends, reported as exempt from Section 16 under Rule 16a-11.
  • Plan basis: The award was made pursuant to Popular, Inc.'s Omnibus Incentive Plan.

Popular, Inc. CFO Garcia Granted Restricted Stock Under Omnibus Incentive Plan

According to the Form 4 filing, Jorge J. Garcia, identified as Executive Vice President and CFO of Popular, Inc., received an award of 5,733 shares of the company's Common Stock (par value $0.01 per share) on August 19, 2026. The transaction is coded as an acquisition (A) at a price of $0, consistent with a restricted stock grant rather than an open-market purchase. The filing states the award was made pursuant to Popular, Inc.'s Omnibus Incentive Plan.

The filing discloses that the restricted shares vest in equal annual installments on each of February 23 of 2027, 2028, 2029, and 2030. Following the reported transaction, Garcia's direct beneficial ownership stands at 25,410.684 shares. The filing notes that this total includes 130.113 shares acquired through reinvestment of dividends paid by the corporation, which the filing describes as "acquired in transactions exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-11 thereunder."

The Form 4 was signed by Marie Reyes-Rodriguez as attorney-in-fact for the reporting person and filed on August 20, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Popular, Inc. CFO Jorge J. Garcia received a restricted stock award of 5,733 shares on August 19, 2026, under the company's Omnibus Incentive Plan, vesting annually through 2030, bringing his total direct beneficial ownership to 25,410.684 shares.