Burckhart Camille 4

What Happened

Camille Burckhart, Executive Vice President of Popular, Inc. (BPOP), received restricted stock awards totaling 6,046 shares (two grants of 3,406 and 2,640 shares) on February 25, 2026 (awarded at $0.00 per share). To cover tax liabilities related to the award, 932 shares were withheld/disposed at $141.31 per share, producing proceeds of approximately $131,701. The primary economic event is a restricted stock award (an acquisition), while the withheld shares represent a routine tax withholding (disposition).

Key Details

• Transaction dates: February 25, 2026 (award grants and tax withholding).
• Awards: 3,406 shares and 2,640 shares acquired at $0.00 (total 6,046 shares).
• Withholding: 932 shares disposed at $141.31 per share for ~$131,701 (tax withholding/payment of tax liability).
• Vesting: Awarded restricted stock vests in equal annual installments on Feb 23 of 2027, 2028, 2029 and 2030 (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Report filed Feb 27, 2026 for Feb 25 transactions — appears to be timely (no late filing indicated).

Context

This filing reflects a standard equity compensation event: Burckhart received restricted stock that will vest over time. The 932-share disposition is a tax-withholding mechanism (code F) rather than an open-market sale, and is commonly used to satisfy withholding obligations when awards vest. Such awards indicate company compensation alignment with executives but are routine and do not by themselves imply an insider trading signal.