OFG Bancorp (NYSE: OFG) CEO makes 10,000-share stock gift

Rhea-AI Filing Summary

OFG Bancorp CEO and Chairman Jose Rafael Fernandez transferred 10,000 shares of Common Stock as a bona fide gift. The filing states that no consideration was received for this transfer, meaning it was not a sale. After the gift, he directly holds 205,008.688 shares.

Insider Trade Summary

10,000 shares gifted

Mixed 1 txn

Insider FERNANDEZ JOSE RAFAEL

Role CEO; Chairman BOD

Type	Security	Shares	Price	Value
Gift	Common Stock	10,000	$0.00	--

Holdings After Transaction: Common Stock — 205,008.688 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares gifted: 10,000 shares Price per share: $0.00 per share Shares held after transaction: 205,008.688 shares +2 more

5 metrics

Shares gifted 10,000 shares Bona fide gift of Common Stock

Price per share $0.00 per share Reported for gifted shares

Shares held after transaction 205,008.688 shares Direct ownership after gift

Transaction code G Classified as bona fide gift

Transaction direction dispose Non-derivative disposition by gift

Key Terms

bona fide gift, Common Stock, transaction code G, dispose

4 terms

bona fide gift financial

"This transaction represents a bona fide gift with no consideration received."

Common Stock financial

"security_title: "Common Stock""

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.

transaction code G regulatory

"transaction_code: "G" with description "Bona fide gift""

dispose financial

"transaction_direction: "dispose" for the gifted shares"

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^*

FERNANDEZ JOSE RAFAEL

(Last) (First) (Middle)

PO BOX 195115

(Street)

SAN JUAN PUERTO RICO 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
X	Officer (give title below)		Other (specify below)
	CEO; Chairman BOD

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

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	04/23/2026		G		10,000	D	(1)	205,008.688	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

Explanation of Responses:

1. This transaction represents a bona fide gift with no consideration received.

Remarks:

	/s/ Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for FERNANDEZ JOSE RAFAEL	04/24/2026
	** 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) report in this Form 4?

OFG Bancorp reported that CEO and Chairman Jose Rafael Fernandez made a bona fide gift of 10,000 shares of Common Stock. The transaction involved no consideration, meaning he did not receive payment, and it reflects a personal transfer rather than an open-market trade.

How many OFG (OFG) shares did the CEO gift, and at what price?

Jose Rafael Fernandez gifted 10,000 shares of OFG Bancorp Common Stock at a reported price of $0.00 per share. The Form 4 notes this as a bona fide gift with no consideration, confirming it was not a sale or market transaction involving cash proceeds.

How many OFG (OFG) shares does the CEO hold after the gift?

Following the 10,000-share gift, Jose Rafael Fernandez directly holds 205,008.688 shares of OFG Bancorp Common Stock. This figure comes from the Form 4’s post-transaction ownership line, showing his remaining direct equity stake after the reported disposition.

Does the OFG (OFG) CEO’s transaction indicate a sale of stock?

The transaction does not indicate a sale. It is classified as code G, a bona fide gift, with the footnote specifying no consideration was received. This means the CEO transferred shares without payment, distinguishing it from an open-market sale or liquidity event.

Is the OFG (OFG) CEO’s 10,000-share gift a market signal for investors?

A bona fide gift generally carries limited market-signaling value because it reflects personal estate or charitable planning rather than views on valuation. The Form 4 shows no sale proceeds, only a non-cash transfer, so it mainly updates ownership rather than indicating trading sentiment.