OFG Bancorp director granted 1,500 Restricted Units
OFG Bancorp director Roberto Garcia Rodriguez received 1,500 Restricted Units as a compensation award.
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Rhea-AI Filing Summary
OFG Bancorp director Roberto Garcia Rodriguez received 1,500 Restricted Units as a compensation award. These units were granted at a price of $0.00 per unit under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan and are expected to convert into 1,500 shares of Common Stock after the Restricted Period ends. Following this award, he directly holds 1,550 Restricted Units. The Restricted Period is scheduled to lapse in full on the first anniversary of the award date, making this a routine, non-market equity compensation grant rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Units | 1,500 | $0.00 | $0.00 |
Footnotes (4)
- 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.
- F2. Not applicable. The Grantee is expected to receive the underlying shares of Common Stock at the end of the Restricted Period.
- 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.
- F4. Not applicable.
Key Figures
Key Terms
Restricted Units financial
OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan financial
Restricted Period financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did OFG (OFG) director Roberto Garcia Rodriguez report in this Form 4?
How many Restricted Units does the OFG (OFG) director hold after this grant?
Is the OFG (OFG) Form 4 transaction a market purchase or sale of stock?
When will the OFG (OFG) director receive the underlying Common Stock for these Restricted Units?
Under what plan were the 1,500 Restricted Units granted to the OFG (OFG) director?
AI-generated analysis. How Rhea-AI works. Not financial advice.