OFG Bancorp (OFG) director awarded 1,500 Restricted Units under incentive plan

Rhea-AI Filing Summary

Harnett Sue reported acquisition or exercise transactions in this Form 4 filing.

OFG Bancorp director Sue Harnett received a grant of 1,500 Restricted Units, each tied to one share of Common Stock. The award was made under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan at a stated price of $0.00 per unit.

The Restricted Period is scheduled to lapse in full on the first anniversary of the February 26, 2026 award date, after which the grantee is expected to receive 1,500 underlying shares of Common Stock. Following this grant, Harnett directly holds 1,500 Restricted Units as reported in this filing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Harnett Sue

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Units	1,500	$0.00	--

Holdings After Transaction: Restricted Units — 1,500 shares (Direct)

Footnotes (1)

1. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan") per grant of Restricted Units of February 26, 2026. Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period. 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. Not applicable.

Key Figures

Restricted Units granted: 1,500 units Underlying Common Stock: 1,500 shares Grant price per unit: $0.00 per unit +1 more

4 metrics

Restricted Units granted 1,500 units Grant of Restricted Units on March 27, 2026

Underlying Common Stock 1,500 shares Shares expected at end of Restricted Period

Grant price per unit $0.00 per unit Stated price for Restricted Units award

Post-grant Restricted Units holding 1,500 units Total Restricted Units directly held after transaction

Key Terms

Restricted Units, OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan, Restricted Period

3 terms

Restricted Units financial

"per grant of Restricted Units of February 26, 2026."

OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan financial

"Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan")"

Restricted Period financial

"the Restricted Period shall lapse in its entirety on the first anniversary"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Harnett Sue

(Last) (First) (Middle)

P.O. BOX 195115

(Street)

SAN JUAN PUERTO RICO 00919-5115

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
OFG BANCORP [ OFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Units(1)	(2)	03/27/2026		A		1,500		(3)	(3)	Common Stock	1,500	(4)	1,500	D

Explanation of Responses:

1. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan") per grant of Restricted Units of February 26, 2026.

2. Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.

3. 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.

4. Not applicable.

Remarks:

	/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Harnett Sue	03/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did OFG (OFG) director Sue Harnett report?

Sue Harnett reported receiving 1,500 Restricted Units from OFG Bancorp as a compensation award. Each unit is linked to one share of Common Stock and was granted at a stated price of $0.00 per unit under the company’s omnibus performance incentive plan.

How many OFG Bancorp Restricted Units were granted in this Form 4?

The Form 4 shows a grant of 1,500 Restricted Units to director Sue Harnett. These units represent a right to receive 1,500 shares of OFG Bancorp Common Stock after the Restricted Period lapses, assuming plan conditions are satisfied at vesting.

When do Sue Harnett’s OFG Restricted Units vest under this award?

The Restricted Period for the 1,500 Restricted Units is set to lapse in its entirety on the first anniversary of the February 26, 2026 award date. At that time, the grantee is expected to receive the underlying Common Stock, subject to plan provisions.

Is this OFG Bancorp Form 4 a stock purchase or a compensation grant?

This Form 4 reflects a compensation grant, not an open-market stock purchase. Director Sue Harnett received 1,500 Restricted Units at a stated price of $0.00 per unit under OFG Bancorp’s omnibus performance incentive plan, consistent with equity-based director compensation.

What will Sue Harnett receive at the end of the Restricted Period for OFG units?

At the end of the Restricted Period, the grantee is expected to receive 1,500 shares of OFG Bancorp Common Stock. This is based on each Restricted Unit corresponding to one underlying share, as described in the award footnotes and linked to the company’s incentive plan.