OFG Bancorp CEO gifts 600 shares of stock

OFG BANCORP’s CEO and Chairman reported a bona fide gift of common shares with no consideration received, leaving a six-figure direct holding.

Available on EDGAR 09/11/2026 - 04:12 PM EDT Accepted by SEC EDGAR 09/11/2026 - 04:12 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

OFG BANCORP (OFG) reported that CEO and Chairman of the Board Jose Rafael Fernandez made a bona fide gift of 600 shares of Common Stock on September 9, 2026. The filing states that no consideration was received for this gift, and his directly held position after the transaction was 152,056.688 shares.

Insider Trade Summary

600 shares gifted

Gift 1 txn

Insider FERNANDEZ JOSE RAFAEL

Role CEO; Chairman BOD

Type	Security	Shares	Price	Value
Gift	Common Stock F1	600	--	--

Holdings After Transaction: Common Stock — 152,056.688 shares (Direct)

Footnotes (1)

1. F1. This transaction represents a bona fide gift with no consideration received.

Key Figures

Shares gifted: 600 shares Shares held after transaction: 152,056.688 shares Gift transactions in this filing: 1 transaction

3 metrics

Shares gifted 600 shares Bona fide gift of Common Stock on September 9, 2026

Shares held after transaction 152,056.688 shares Direct holdings of CEO and Chairman after the gift

Gift transactions in this filing 1 transaction Single bona fide gift reported on this Form 4

Key Terms

bona fide gift, Common Stock

2 terms

bona fide gift financial

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

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Common Stock financial

"transaction represents a bona fide gift of 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.

FAQ

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

What insider transaction did OFG (OFG BANCORP) report on this Form 4?

The Form 4 reports that CEO and Chairman Jose Rafael Fernandez made a bona fide gift of 600 shares of OFG BANCORP Common Stock on September 9, 2026.

Was the OFG BANCORP insider gift made for value or consideration?

The filing states the transaction "represents a bona fide gift with no consideration received," indicating the CEO did not receive payment or other consideration for the 600 shares transferred.

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

After the reported gift of 600 shares, CEO and Chairman Jose Rafael Fernandez directly holds 152,056.688 shares of OFG BANCORP Common Stock, according to the Form 4.

Does this OFG BANCORP Form 4 involve a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with this bona fide gift of shares.

Is the OFG BANCORP insider transaction a purchase or sale on the market?

No. The transaction is coded as a bona fide gift of 600 shares of Common Stock, with no consideration received, rather than a market purchase or sale.

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

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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)
09/09/2026

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	09/09/2026		G		600	D	(1)	152,056.688	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	09/11/2026
	** 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)