OFG Bancorp director converts 50 units, 5 for taxes

OFG BANCORP (OFG) director Roberto Garcia Rodriguez reported equity compensation-related transactions in company stock.

Rhea-AI Filing Summary

OFG BANCORP (OFG) director Roberto Garcia Rodriguez reported equity compensation-related transactions in company stock. On August 26, 2026, he exercised 50 Restricted Units into 50 shares of Common Stock, and 5 of those shares were withheld by OFG Bancorp to pay applicable tax liabilities at $51.78 per share. Following the exercise, he held 1,500 Restricted Units that continue to convert into Common Stock on a one-for-one basis under the company’s Amended and Restated 2007 Omnibus Performance Incentive Plan.

Insider Trade Summary

50 shares exercised/converted

Exercise 3 txns

Insider Garcia Rodriguez Roberto

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Units F3, F4, F1	50	--	--
Grant/Award	Common Stock F1	50	--	--
Tax Withholding	Common Stock F2	5	$51.78	$258.90

Holdings After Transaction: Restricted Units — 1,500 contracts (Direct); Common Stock — 315 shares (Direct)

Footnotes (4)

1. F1. Not applicable.
2. F2. Represents shares of Common Stock withheld against Restricted Units for the payment of applicable taxes.
3. F3. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan") per grant of Restricted Units ("RU's") of August 20, 2025.
4. F4. The Restricted Units convert to Common Stock on a one-for-one basis.

Key Figures

Restricted Units exercised: 50 units Restricted Units following transaction: 1,500 units Common Stock acquired from exercise: 50 shares +2 more

5 metrics

Restricted Units exercised 50 units Restricted Units exercised into Common Stock on August 26, 2026

Restricted Units following transaction 1,500 units Restricted Units held after the August 26, 2026 exercise

Common Stock acquired from exercise 50 shares Shares of OFG Bancorp Common Stock received from Restricted Unit conversion

Shares withheld for taxes 5 shares Common Stock withheld to pay applicable tax liability

Tax withholding price per share $51.78 per share Value of OFG Bancorp Common Stock used for tax withholding on August 26, 2026

Key Terms

Restricted Units, OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan, Common Stock, tax liability

4 terms

Restricted Units financial

"Represents shares of Common Stock withheld against Restricted Units for the payment"

OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan financial

"Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus"

Common Stock financial

"Represents shares of Common Stock withheld against Restricted Units"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

tax liability financial

"withheld against Restricted Units for the payment of applicable taxes"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did OFG director Roberto Garcia Rodriguez report on this Form 4 for OFG?

He exercised 50 Restricted Units into 50 shares of Common Stock on August 26, 2026, and 5 shares were withheld by OFG Bancorp to satisfy tax liabilities at $51.78 per share. He continues to hold 1,500 Restricted Units after these transactions.

How many Restricted Units did the OFG director convert to common stock in this filing for OFG?

The director converted 50 Restricted Units into 50 shares of Common Stock on August 26, 2026. The Restricted Units convert into Common Stock on a one-for-one basis under OFG Bancorp’s Amended and Restated 2007 Omnibus Performance Incentive Plan.

How many OFG shares were withheld for taxes in this Form 4 for OFG Bancorp?

OFG Bancorp withheld 5 shares of Common Stock from the director on August 26, 2026, for the payment of applicable tax liabilities. The withheld shares are valued at $51.78 per share, as reported in the Form 4 transaction coded "F".

What is the remaining Restricted Unit balance reported by the OFG director in this Form 4?

After the August 26, 2026 exercise, the director reported holding 1,500 Restricted Units. These awards were granted under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan and convert to Common Stock on a one-for-one basis.

Were the OFG insider’s transactions under a Rule 10b5-1 trading plan for OFG stock?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and there is no footnote stating these OFG stock transactions were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.

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Available on EDGAR 08/28/2026 - 04:49 PM EDT Accepted by SEC EDGAR 08/28/2026 - 04:48 PM EDT Learn about SEC filing dates

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^*

Garcia Rodriguez Roberto

(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)
08/26/2026

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
Common Stock	08/26/2026		A		50	A	(1)	320	D
Common Stock	08/26/2026		F		5(2)	D	$51.78	315	D

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(3)	(4)	08/26/2026		M			50	(1)	(1)	Common Stock	50	(1)	1,500	D

Explanation of Responses:

1. Not applicable.

2. Represents shares of Common Stock withheld against Restricted Units for the payment of applicable taxes.

3. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan") per grant of Restricted Units ("RU's") of August 20, 2025.

4. The Restricted Units convert to Common Stock on a one-for-one basis.

Remarks:

	/s/ Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Garcia Rodriguez Roberto	08/28/2026
	** 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)