OFG Bancorp (NYSE: OFG) director receives 1,500 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colon Jorge reported acquisition or exercise transactions in this Form 4 filing.
OFG Bancorp director Jorge Colon received a grant of 1,500 Restricted Units as equity compensation. The award was made under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan pursuant to a grant dated February 26, 2026.
The Restricted Units are expected to settle into 1,500 shares of Common Stock at the end of the Restricted Period. Subject to the plan’s provisions, this Restricted Period will lapse in full on the first anniversary of the award date, and Colon’s reported holdings after this grant are 1,500 Restricted Units held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Colon Jorge
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Units | 1,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Units — 1,500 shares (Direct, null)
Footnotes (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
Transaction code: A
+3 more
6 metrics
Restricted Units granted
1,500 units
Grant of Restricted Units reported on Form 4
Underlying Common Stock
1,500 shares
Shares of Common Stock linked to the Restricted Units
Transaction code
A
Grant, award, or other acquisition of derivative security
Transaction date
April 24, 2026
Date reported for the Restricted Units transaction
Award grant date
February 26, 2026
Date of the Restricted Units award under the plan
Holdings after transaction
1,500 units
Total Restricted Units directly held following this grant
Key Terms
Restricted Units, OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan, Restricted Period, Common Stock
4 terms
Restricted Units financial
"Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan per grant of Restricted Units"
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 Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period."
Common Stock financial
"The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period."
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.