OFG Bancorp (OFG) CFO Arizmendi sells 10,000 shares, retains 56,684
Rhea-AI Filing Summary
OFG Bancorp Chief Financial Officer Maritza Arizmendi reported a sale of 10,000 shares of common stock on August 14, 2026, at $53.348 per share in an open-market or private transaction. Following this sale, she directly holds 56,684 shares of OFG Bancorp common stock.
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Negative
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Insights
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Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Arizmendi Maritza
Role
Chief Financial Officer
Sold
10,000 shs ($533K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $53.348 | $533K |
Holdings After Transaction:
Common Stock — 56,684 shares (Direct)
Key Figures
Shares sold: 10,000 shares
Sale price per share: $53.348 per share
Shares owned after transaction: 56,684 shares
3 metrics
Shares sold
10,000 shares
Common Stock sale on August 14, 2026
Sale price per share
$53.348 per share
Reported price for the 10,000-share sale
Shares owned after transaction
56,684 shares
Direct holdings of CFO following the sale
Key Terms
Form 4, non-derivative, Rule 10b5-1, open-market or private transaction
4 terms
Form 4 regulatory
"reported in a new Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"classified as a non-derivative transaction"
Rule 10b5-1 regulatory
"the filing’s Rule 10b5-1 checkbox is not affirmed"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market or private transaction financial
"described as an open-market or private transaction"
FAQ
What insider transaction did OFG (OFG Bancorp) report in this Form 4?
OFG Bancorp reported that its CFO, Maritza Arizmendi, sold 10,000 shares of common stock on August 14, 2026 in a transaction coded as a sale.
What was the direction and type of the insider trade reported by OFG (OFG Bancorp)?
The filing shows a sale of common stock, classified as a non-derivative transaction. It involved 10,000 shares and is described as an open-market or private transaction.
Was the OFG (OFG Bancorp) CFO sale under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not affirmed (false), indicating the sale is not identified there as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.