[Form 4] OFG BANCORP Insider Trading Activity

Rhea-AI Filing Summary

Roberto Garcia Rodriguez, a director of OFG Bancorp (OFG), received a grant of 50 Restricted Units under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan. The grant is listed as awarded on August 20, 2025, with the transaction reported on September 29, 2025. The Restricted Units are expected to convert into shares of common stock after the restricted period lapses in full on the first anniversary of the award. The Form 4 shows 350 shares beneficially owned following the reported transaction, recorded as direct ownership. The filing was signed by an attorney-in-fact on October 1, 2025.

Insights

Corporate Governance Expert

TL;DR: Routine equity award to a director, aligning incentives without indicating major governance change.

The Form 4 documents a standard grant of 50 Restricted Units to a director under the company's omnibus incentive plan. The award vests in full after one year, which is consistent with retention-focused compensation for non-employee directors. The reported post-transaction direct beneficial ownership of 350 shares suggests the grant represents a small increment to the director's stake. There is no indication of accelerated vesting, related-party transactions beyond the director-level award, or other governance concerns in the filing.

Executive Compensation Analyst

TL;DR: Typical restricted-unit grant; impact on dilution and incentives appears immaterial based on reported size.

The disclosure shows 50 Restricted Units granted under the 2007 Omnibus Performance Incentive Plan with a one-year restricted period. Such awards are commonly used to align director interests with shareholders and to provide deferred compensation. The small size of the grant (50 units) relative to total outstanding shares is not disclosed here, so while the award supports alignment, it appears immaterial to company-wide dilution or compensation expense at a material level within this filing.

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).

1. Name and Address of Reporting Person^*

Garcia Rodriguez Roberto

(Last) (First) (Middle)

P.O. BOX 195115

(Street)

SAN JUAN PR 00919-5115

(City) (State) (Zip)

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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
Restricted Units(1)	(2)	09/29/2025		A		50		(3)	(3)	Common Stock	50	(4)	350	D

Explanation of Responses:

1. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan. They represent 100% of a grant of Restricted Units ("RUs") of August 20, 2025.

2. Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.

3. 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.

4. Not applicable.

Remarks:

	/s /Miguel Ribas Abislaiman, Attorney-in-Fact for Garcia Rodriguez Roberto	10/01/2025
	** 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.

FAQ

What did Roberto Garcia Rodriguez report on Form 4 for OFG (OFG)?

He reported a grant of 50 Restricted Units awarded under the OFG Bancorp 2007 Omnibus Performance Incentive Plan, recorded with a transaction date of 09/29/2025.

When will the Restricted Units awarded to the director vest or convert to shares?

The Restricted Units are subject to a restricted period that lapses in full on the first anniversary of the award, after which the grantee is expected to receive the underlying common shares.

How many shares does the reporting person beneficially own after the transaction?

The Form 4 shows 350 shares beneficially owned following the reported transaction, recorded as direct ownership.

Under which plan were the Restricted Units granted?

They were awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan.

Who signed the Form 4 and when was it signed?

The filing was signed by Miguel Ribas Abislaiman, Attorney-in-Fact for Roberto Garcia Rodriguez on 10/01/2025.