Director at OFG Bancorp (NYSE: OFG) buys 1,540 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OFG Bancorp director Annette Franqui bought 1,540 shares of common stock in an open-market purchase at an average price of $42.065 per share. After this transaction, she directly owns a total of 3,440 OFG Bancorp common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,540 shares ($64,780)
Net Buy
1 txn
Insider
FRANQUI ANNETTE
Role
Director
Bought
1,540 shs ($65K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,540 | $42.065 | $65K |
Holdings After Transaction:
Common Stock — 3,440 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did OFG (OFG) report in this Form 4?
OFG Bancorp reported that director Annette Franqui bought 1,540 shares of common stock. The shares were acquired in an open-market purchase, indicating a direct increase in her personal ownership stake in the company.
Is the OFG Bancorp insider transaction a buy or a sell?
The OFG Bancorp insider transaction is a buy. The Form 4 shows an open-market purchase of 1,540 common shares by director Annette Franqui, increasing her direct holdings in the company.
What does the transaction code on the OFG Bancorp Form 4 mean?
The Form 4 uses transaction code “P,” which indicates a purchase in the open market or a private transaction. In this case, it documents the director’s open-market buy of OFG Bancorp common stock.