Ganesh Kumar - 31 Jan 2024 Form 4 Insider Report for OFG BANCORP (OFG)

Role
Chief Strategy Officer, US
Signature
/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Kumar Ganesh
Issuer symbol
OFG
Transactions as of
31 Jan 2024
Net transactions value
-$374,570
Form type
4
Filing time
02 Feb 2024, 17:17:00 UTC
Previous filing
21 Dec 2023
Next filing
28 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFG Common Stock Options Exercise +29,175 +23% 154,185 31 Jan 2024 Direct F1, F2
transaction OFG Common Stock Tax liability $374,570 -10,265 -6.7% $36.49 143,920 31 Jan 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock received upon settlement of a performance share units award on February 17, 2021, under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan.
F2 Not applicable.
F3 Represents shares of Common Stock withheld against Performance Share Units for payment of applicable taxes.