Rodriguez Adorno Denissa 4
Research Summary
AI-generated summary
POPULAR (BPOP) Senior VP Denissa Rodriguez Adorno Receives 687-Share Award
What Happened
- Denissa Rodriguez Adorno, Senior Vice President & Comptroller of Popular, Inc. (BPOP), was granted 687 restricted shares on 2026-02-25. The shares were issued at $0.00 (a compensatory award), so there was no cash purchase. This transaction is reported as an award/grant (Form 4 code A), not a sale or open-market purchase.
Key Details
- Transaction date: 2026-02-25; Filing date: 2026-02-27 (filing appears timely).
- Price: $0.00 per share; total reported cash outlay: $0.
- Shares granted: 687 restricted shares.
- Shares owned after transaction: not disclosed in the information provided in this summary (refer to the full Form 4 for holdings).
- Footnote: Award vests in equal annual installments on Feb 23 of 2027, 2028, 2029 and 2030 (per filing footnote).
- Transaction code: A = Award/Grant.
Context
- This is a restricted stock award as part of the company’s Omnibus Incentive Plan—a common form of executive compensation. Vesting schedule means the shares are subject to forfeiture until vested; they were not sold or immediately monetized. Such grants reflect compensation decisions by the company rather than immediate insider buying or selling intent.