secwatch.observer — SEC 8-K summary
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Issuer:     POPULAR, INC. (BPOP)
CIK:        0000763901
Form:       8-K
Filed at:   2021-12-10T23:59:59+00:00
Accession:  0001193125-21-353828
Event type: leadership
Sentiment:  positive
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Popular promotes Javier D. Ferrer to EVP, COO & Head of Business Strategy; base salary $750k
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- Javier D. Ferrer promoted to Executive Vice President, Chief Operating Officer and Head of Business Strategy.
- Annual base salary set at $750,000 effective December 27, 2021.
- Target short-term cash incentive set at 80% of base salary; long-term equity target at 100% of base salary.
- Compensation adjustments approved by Talent and Compensation Committee on December 9, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763901/000119312521353828/0001193125-21-353828-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763901/000119312521353828/d217126d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-353828

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer