OFG Bancorp (OFG) officer has 5,500 shares withheld from RSUs for tax payment

Rhea-AI Filing Summary

OFG Bancorp’s Chief Risk Officer reported a disposal of company stock related to equity compensation. On 12/15/2025, the officer disposed of 5,500 shares of OFG Bancorp common stock at a price of $42.175 per share. The explanation states that these shares were withheld from restricted stock units to pay applicable taxes, rather than being a discretionary open-market sale.

After this transaction, the officer directly beneficially owned 351 shares of OFG Bancorp common stock. The report covers only this individual officer, who is identified as an executive serving as Chief Risk Officer.

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
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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^*

Ortiz Cesar A

(Last) (First) (Middle)

PO BOX 195115

(Street)

SAN JUAN PR 00919

(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)
	Chief Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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
Common Stock(1)	12/15/2025		S		5,500	D	$42.175	351	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. Represents shares of Common Stock withheld against Restricted Units for payment of applicable taxes.

Remarks:

	/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for Ortiz Cesar A	12/15/2025
	** 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 insider transaction did OFG (OFG Bancorp) report for its Chief Risk Officer?

The Chief Risk Officer reported the disposal of 5,500 shares of OFG Bancorp common stock on 12/15/2025 at a price of $42.175 per share.

Why were 5,500 OFG shares disposed of by the OFG Bancorp officer?

The 5,500 shares represent OFG Bancorp common stock withheld from restricted units for the payment of applicable taxes.

How many OFG Bancorp shares does the officer own after this transaction?

Following the reported transaction, the officer beneficially owns 351 shares of OFG Bancorp common stock in direct ownership.

What position does the reporting person hold at OFG Bancorp (OFG)?

The reporting person is an officer of OFG Bancorp, serving as the company’s Chief Risk Officer.

Was the OFG Bancorp insider transaction a direct sale on the market?

The report explains that the 5,500 shares were withheld against restricted units to pay taxes, indicating the transaction is tied to equity compensation rather than a standard open-market sale.