OFG Bancorp CEO gifts 10,000 shares of stock

OFG Bancorp’s CEO and chairman transferred 10,000 common shares as a bona fide gift with no consideration, leaving him holding about 142,057 shares directly.

Rhea-AI Filing Summary

OFG BANCORP reported that its CEO and Chairman of the Board, Jose Rafael Fernandez, made a bona fide gift of 10,000 shares of OFG common stock on September 15, 2026. The company states that no consideration was received for this transfer, and Fernandez now holds 142,056.688 shares of common stock directly after the transaction. No Rule 10b5-1 trading plan is reported for this gift.

Insider Trade Summary

10,000 shares gifted

Gift 1 txn

Insider FERNANDEZ JOSE RAFAEL

Role CEO; Chairman BOD

Type	Security	Shares	Price	Value
Gift	Common Stock F1	10,000	--	--

Holdings After Transaction: Common Stock — 142,056.688 shares (Direct)

Footnotes (1)

1. F1. This transaction is a bona fide git with no consideration received.

Key Figures

Shares transferred as a gift: 10,000 shares Direct holdings after transaction: 142,056.688 shares Number of reported gift transactions: 1 transaction

3 metrics

Shares transferred as a gift 10,000 shares Bona fide gift of OFG common stock on September 15, 2026

Direct holdings after transaction 142,056.688 shares OFG common stock held directly by Jose Rafael Fernandez after the gift

Number of reported gift transactions 1 transaction Single bona fide gift reported in this Form 4

Key Terms

bona fide gift

1 terms

bona fide gift financial

"This transaction is a bona fide git with no consideration received."

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.

FAQ

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

What insider transaction did OFG CEO Jose Rafael Fernandez report for OFG on September 15, 2026?

He reported a bona fide gift of 10,000 shares of OFG common stock on September 15, 2026, transferring the shares without receiving consideration and holding a reduced position afterward.

How many OFG shares does CEO Jose Rafael Fernandez hold after the reported gift?

After the gift, Jose Rafael Fernandez holds 142,056.688 shares of OFG common stock directly. This figure reflects his position immediately following the September 15, 2026 transaction.

Was the September 2026 OFG insider share transfer a sale or a gift?

The transaction was reported as a bona fide gift of 10,000 OFG common shares, not a sale. The accompanying note states the gift was made with no consideration received.

Did OFG’s CEO use a Rule 10b5-1 plan for the 10,000-share transfer?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is associated with this transaction, so the 10,000-share gift was not reported as made under such a plan.

How does the 10,000-share gift affect OFG CEO Jose Rafael Fernandez’s ownership stake?

The gift reduced his direct holdings to 142,056.688 OFG shares. The filing does not provide percentages, but it confirms this post-transaction share count for his direct ownership.

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

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Available on EDGAR 09/17/2026 - 04:02 PM Accepted by SEC EDGAR 09/17/2026 - 04:01 PM 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^*

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)
09/15/2026

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	09/15/2026		G		10,000	D	(1)	142,056.688	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 is a bona fide git with no consideration received.

Remarks:

	/s/ Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for FERNANDEZ JOSE RAFAEL	09/17/2026
	** 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)