OFG Bancorp (OFG) officer reports equity award share exercise and tax withholding

Rhea-AI Filing Summary

OFG Bancorp Managing Director of Commercial Banking Patrick J. Haggarty reported equity award activity in company stock. On February 9, 2026, he acquired 3,375 shares of common stock through the exercise or conversion of a derivative security, with no price per share reported. On the same date, 1,001 shares were disposed of to cover tax withholding at a price of $41.26 per share, leaving him with 28,705 shares of OFG Bancorp common stock held directly.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Haggarty Patrick J.

Role Managing Director Comm. Bankin

Type	Security	Shares	Price	Value
Exercise	Common Stock	3,375	$0.00	--
Tax Withholding	Common Stock	1,001	$41.26	$41K

Holdings After Transaction: Common Stock — 29,706 shares (Direct)

Footnotes (1)

1. Represent shares of Common Stock received upon settlement of a performance share unit award on February 21, 2023, under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan"). Not applicable. Represents shares of Common Stock withheld against Performance Share Units for payment of applicable taxes.

Form 4 Insider Transactions: What Each Field Means →

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^*

Haggarty Patrick J.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Managing Director Comm. Bankin

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

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
Common Stock	02/09/2026		M		3,375(1)	A	(2)	29,706	D
Common Stock	02/09/2026		F		1,001(3)	D	$41.26	28,705	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. Represent shares of Common Stock received upon settlement of a performance share unit award on February 21, 2023, under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the "Plan").

2. Not applicable.

3. Represents shares of Common Stock withheld against Performance Share Units for payment of applicable taxes.

Remarks:

	/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Haggarty Patrick J.	02/11/2026
	** 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.

FAQ

What insider transactions did OFG (OFG Bancorp) report for February 9, 2026?

OFG Bancorp reported that Managing Director Patrick J. Haggarty exercised or converted a derivative security for 3,375 common shares and had 1,001 shares withheld to cover taxes, both on February 9, 2026, as part of his equity compensation activity.

How many OFG common shares does Patrick J. Haggarty own after these Form 4 transactions?

After the reported transactions, Patrick J. Haggarty directly owns 28,705 OFG Bancorp common shares. This figure reflects both the 3,375 shares acquired through derivative exercise and the 1,001 shares disposed of to satisfy tax withholding obligations on February 9, 2026.

What does the Form 4 transaction code M mean in the OFG filing for Haggarty?

In this OFG Bancorp Form 4, code M indicates an exercise or conversion of a derivative security into common stock. Haggarty’s 3,375-share acquisition came from this type of equity award transaction rather than an open-market purchase, according to the reported data.

Why were 1,001 OFG Bancorp shares disposed of in Patrick Haggarty’s Form 4?

The 1,001 OFG Bancorp shares were disposed of under transaction code F, which reflects shares withheld to pay taxes. The filing notes these shares were withheld against Performance Share Units for tax payment at a price of $41.26 per share.

What role does Patrick J. Haggarty hold at OFG Bancorp according to the Form 4?

According to the Form 4, Patrick J. Haggarty is an officer of OFG Bancorp, serving as Managing Director Commercial Banking. The filing classifies him as an officer rather than a director or 10% owner in relation to these reported equity transactions.

How are the 3,375 OFG shares related to performance share units in this filing?

The 3,375 OFG shares represent common stock received upon settlement of a performance share unit award granted under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan, as described in the footnotes to the Form 4 filing.