De Jesus Nestor - Mar 18, 2025 Form 4 Insider Report for OFG BANCORP (OFG)

Role
Director
Signature
/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for De Jesus Nestor
Stock symbol
OFG
Transactions as of
Mar 18, 2025
Transactions value $
$0
Form type
4
Date filed
3/20/2025, 05:59 PM
Previous filing
May 10, 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 +2.8K +12.79% 24.7K Mar 20, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OFG Restricted Units Award +1.5K +53.57% 4.3K Mar 18, 2025 Common Stock 1.5K Direct F1, F2, F3, F4
transaction OFG Restricted Units Options Exercise -2.8K -65.12% 1.5K Mar 20, 2025 Common Stock 2.8K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable.
F2 Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan"). They represent 100% of a grant of Restricted Units ("RUs") of February 20, 2025.
F3 Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.
F4 Subject to the provisions of the Plan, the Restricted Period shall lapse in its entirety on the first anniversary of the date of the Award.
F5 The RUs convert to Common Stock on a one-to-one basis.