8-K – 2026-04-08 – d252454d8k.htm

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8-K

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 

Form 8-K
 
 

CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 8, 2026
 
 

POPULAR, INC.
(Exact name of registrant as specified in its charter)
 
 

 

Puerto Rico
 
001-34084
 
66-0667416

(State or other jurisdiction of
incorporation or organization)

 
(Commission
File Number)

 
(IRS Employer
Identification Number)

 

209 Muñoz Rivera Avenue
Hato Rey , Puerto Rico

 
00918

(Address of principal executive offices)
 
(Zip code)
(787) 765-9800
(Registrant’s telephone number, including area code)
NOT APPLICABLE
(Former name, former address and former fiscal year, if changed since last report)
 
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):
 

 
☐
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 
☐
Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 
☐
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
 

Title of each class

 
Trading
Symbol(s)

 
Name of each exchange
on which registered

Common Stock ($0.01 par value)
 
BPOP
 
The NASDAQ Stock Market

6.125% Cumulative Monthly Income Trust Preferred Securities
 
BPOPM
 
The NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 

Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On April 8, 2026, Popular, Inc. (the “Corporation”) announced that Manuel A. Chinea, who has served as Chief Operating Officer of Popular Bank, the Corporation’s U.S banking subsidiary, since February 2013, has been appointed Executive Vice President and Chief Experience and Administration Services Officer of the Corporation, effective July 1, 2026. In his new role, Mr. Chinea will assume responsibility for the customer experience, human resources, corporate real estate and marketing functions of the Corporation.
 

Item 7.01.
Regulation FD Disclosure.

On April 8, 2026, the Corporation issued a press release in connection with the matters described in Items 5.02 and 8.01 of this Current Report on Form 8-K. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
The information furnished pursuant to this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into any of the Corporation’s filings under the Securities Act of 1933, as amended, unless otherwise expressly stated in such filing.
 

Item 8.01.
Other Events.

In connection with Mr. Chinea’s appointment described in Item 5.02 above, the Corporation also announced the appointment of Israel Velasco as Executive Vice President and Head of U.S Operations of Popular Bank, succeeding Mr. Chinea. Mr. Velasco has been Senior Vice President and Florida Region Executive since June 2005, leading Popular Bank’s operations in the State of Florida. Mr. Velasco’s appointment will become effective July 1, 2026.
 

Item 9.01.
Financial Statements and Exhibits.

Exhibit 99.1 shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended.
 

99.1
  
Press release dated April 8, 2026.

101
  
Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language).

104
  
Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101).

 

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 
 
 
 
POPULAR, INC.
(Registrant)

Date: April 8, 2026
 

 
By:
 
/s/ José R. Coleman Tió

 

 

 
José R. Coleman Tió

 

 

 
Executive Vice President and Chief Legal Officer