OFG Bancorp director awarded 1,500 restricted units

FRANQUI ANNETTE reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

FRANQUI ANNETTE reported acquisition or exercise transactions in this Form 4 filing.

OFG Bancorp director Annette Franqui received a grant of 1,500 Restricted Units, a form of stock-based compensation tied to the company’s common stock. The award was made under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan.

According to the grant terms, the Restricted Period is expected to lapse in full on the first anniversary of the award date, after which the grantee is expected to receive 1,500 underlying shares of common stock. Following this grant, her reported holdings of these Restricted Units total 1,500 units, with no open‑market purchase or sale involved.

Insider Trade Summary

Grant/Award: 1,500 shares

Grant/Award 1 txn

Insider FRANQUI ANNETTE

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Units	1,500	$0.00	$0.00

Holdings After Transaction: Restricted Units — 1,500 contracts (Direct)

Footnotes (4)

1. F1. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan") per grant of Restricted Units of February 26, 2026.
2. F2. Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.
3. F3. 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. F4. Not applicable.

Key Figures

Restricted Units granted: 1,500 units Transaction price per unit: $0.0000 Underlying common shares: 1,500 shares +1 more

4 metrics

Restricted Units granted 1,500 units Award of Restricted Units on April 24, 2026

Transaction price per unit $0.0000 Compensation grant, not an open-market purchase

Underlying common shares 1,500 shares Shares expected at end of Restricted Period

Holdings after grant 1,500 Restricted Units Total reported Restricted Units following transaction

Key Terms

Restricted Units, OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan, Restricted Period

3 terms

Restricted Units financial

"Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan per grant of Restricted Units"

OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan financial

"Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan")"

Restricted Period financial

"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."

FAQ

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

What did OFG (OFG) director Annette Franqui report in this Form 4?

Director Annette Franqui reported receiving a grant of 1,500 Restricted Units. These units are compensation awarded under OFG Bancorp’s 2007 Omnibus Performance Incentive Plan and are tied to future delivery of common stock after the Restricted Period ends.

How many Restricted Units did Annette Franqui receive from OFG (OFG)?

She received 1,500 Restricted Units. Each unit represents the right to receive one share of OFG Bancorp common stock after vesting, so the award corresponds to 1,500 underlying common shares if all vesting conditions are satisfied.

Was Annette Franqui’s OFG (OFG) transaction a market buy or sell?

The transaction was not a market buy or sell. It was a Form 4 code A grant, meaning a compensation-related award of 1,500 Restricted Units at no cash price, rather than shares acquired or sold in the open market.

When will the OFG (OFG) Restricted Units awarded to Annette Franqui vest?

The Restricted Units are expected to vest when the Restricted Period lapses on the first anniversary of the award date. At that time, subject to plan provisions, she is expected to receive the underlying common shares tied to the grant.

What plan governs the 1,500 Restricted Units granted by OFG (OFG)?

The grant was made under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan. This plan sets the rules for equity-based awards, including Restricted Units, to directors, executives, and other eligible participants of OFG Bancorp.

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

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Accepted by SEC EDGAR 04/28/2026 - 04:07 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^*

FRANQUI ANNETTE

(Last) (First) (Middle)

P.O. BOX 195115

(Street)

SAN JUAN 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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026

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

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)	04/24/2026		A		1,500		(3)	(3)	Common Stock	1,500	(4)	1,500	D

Explanation of Responses:

1. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan") per grant of Restricted Units of February 26, 2026.

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 /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Franqui Annette	04/28/2026
	** 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)