Form 4: Robert Carrady Reports Popular Inc. Stock Transactions
Statement of Changes in Beneficial Ownership
Robert Carrady, a Director at Popular Inc., reported transactions involving common stock and restricted stock units.
Summary
- Robert Carrady, a Director of Popular Inc. (BPOP), has filed a Form 4 detailing changes in his beneficial ownership of company stock.
- The filing indicates transactions on July 1, 2026, involving common stock and restricted stock units (RSUs).
- Carrady acquired 3,274.291 shares of common stock through dividend reinvestment, exempt from Section 16 under Rule 16a-11.
- Additionally, 2,750 shares of common stock are held indirectly through Plaza Escorial Cinema Corp., in which Carrady has a 62.5% ownership interest.
- The filing also notes the receipt of 123 restricted stock units (RSUs) related to dividend equivalents accrued on existing RSUs.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it primarily details routine insider transactions and compensation-related equity awards rather than significant strategic shifts or performance indicators.
Positives
- Acquisition of 3,274.291 shares through dividend reinvestment indicates continued investment and belief in the company.
- The receipt of 123 RSUs as dividend equivalents suggests ongoing compensation and alignment with shareholder interests.
Future Outlook
Restricted stock units are set to convert into common stock on August 15th following the termination of service as a director.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This filing by a director of Popular Inc. offers insight into their personal investment in the company.
Related Party Transactions
- Popular, Inc.'s common stock held by Plaza Escorial Cinema Corp., of which Mr. Carrady has an ownership interest of 62.5%.
Stakeholder Impact
- Shareholders gain transparency into director's stock transactions and holdings.
- Employees may note the dividend reinvestment and RSU awards as indicators of company stability and management compensation practices.
Next Steps
- Restricted stock units will convert into common stock on August 15th following the termination of service as a director.
Key Dates
| Date | Description |
|---|---|
| 07/01/2026 | Earliest transaction date reported and date of RSU receipt. |
| 08/15/YYYY | Date on which restricted stock units convert into common stock following termination of service as a director (specific year not provided). |
| 07/02/2026 | Date of filing signature. |
Keywords
Form 4, SEC Filing, Robert Carrady, Popular Inc., BPOP, Director, Beneficial Ownership, Common Stock, Restricted Stock Units, Dividend Reinvestment
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