4/A: Richard Carrion Updates Beneficial Ownership in Popular, Inc. (BPOP)

Richard Carrion, a director of Popular, Inc., files an amendment to his Form 4, updating his beneficial ownership of common stock and restricted stock units.

Summary

• Richard Carrion, a director of Popular, Inc., filed an amended Form 4 with the SEC.
• The amendment updates the amount of common stock beneficially owned to include 52 shares acquired through the Popular, Inc. Puerto Rico Savings and Investment Plan between February 2020 and May 2020.
• Carrion directly owns 218,020 shares of Popular, Inc. common stock.
• He also indirectly owns 74,467 shares through Junior Investment Corporation, in which he has approximately a 22.0140% interest.
• Carrion also holds 13,692 restricted stock units that convert into common stock on a one-for-one basis and are issued on the 15th of August following termination of service as a director.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their holdings and transactions in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a key insider.

Key Dates