STOCK TITAN

OFG Bancorp (OFG) investor files notice to sell 4,000 common shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

OFG Bancorp common stock holder plans resale. Oriental Financial Services LLC filed a notice of proposed sale covering up to 4,000 shares of OFG Bancorp common stock to be sold on the NYSE on or after August 7, 2026. These shares were originally acquired from the issuer in open-market, cash transactions, including 3,000 shares purchased on November 8, 2017 and 1,000 shares purchased on June 28, 2018.

Positive

  • None.

Negative

  • None.
Shares proposed for sale 4,000 shares Maximum number of OFG Bancorp common shares covered by the notice
First acquisition block 3,000 shares Common shares acquired on November 8, 2017 from issuer in open market for cash
Second acquisition block 1,000 shares Common shares acquired on June 28, 2018 from issuer in open market for cash
Earliest sale date 08/07/2026 Earliest proposed sale date for the 4,000 shares under the notice
Form 144 regulatory
"144: Securities Information Common Stock | Oriental Financial Services LLC"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Open Market market
"Common Stock | 11/08/2017 | Open Market | Issuer"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does OFG's Form 144 filing disclose about planned stock sales?

The filing states that Oriental Financial Services LLC may sell up to 4,000 shares of OFG Bancorp common stock on the NYSE beginning on or after August 7, 2026, subject to market conditions and applicable rules.

How many OFG (OFG) shares are covered by this Form 144 notice?

The notice covers up to 4,000 shares of OFG Bancorp common stock. These shares are proposed for potential sale on the NYSE, representing a relatively small block compared with typical public company trading volumes.

Who is the selling security holder in OFG's Form 144 filing?

The selling security holder is Oriental Financial Services LLC. The notice relates to its intention to potentially sell up to 4,000 shares of OFG Bancorp common stock through transactions on the NYSE after a specified date.

When can the OFG (OFG) shares listed in the Form 144 be sold?

The shares may be sold on or after August 7, 2026. This is identified as the earliest proposed sale date, meaning any sales under this notice must occur on or after that date, subject to Rule 144 conditions.

When and how were the OFG (OFG) shares originally acquired by the seller?

The filing lists two acquisition dates: 3,000 shares acquired on November 8, 2017 and 1,000 shares on June 28, 2018. Both were from the issuer in open market transactions for cash.

On which market does the Form 144 indicate OFG shares will be sold?

The planned sales are listed for the NYSE. The Form 144 indicates that the 4,000 OFG Bancorp common shares may be sold through open market transactions on that exchange after the stated date.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature