Director Lynda Grindstaff receives 300 OFG (NYSE: OFG) shares, 30 withheld

Rhea-AI Filing Summary

OFG Bancorp director Lynda Grindstaff reported compensation-related equity activity. She exercised 300 Restricted Units into 300 shares of Common Stock at $0.0000 per share, awarded under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan.

To cover taxes, 30 Common Stock shares were disposed of at $42.6600 per share through a tax-withholding transaction, leaving her with 270 Common Stock shares held directly and 50 Restricted Units outstanding after these transactions.

Insider Trade Summary

300 shares exercised/converted

Mixed 3 txns

Insider Grindstaff Lynda

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Units	300	$0.00	--
Grant/Award	Common Stock	300	$0.00	--
Tax Withholding	Common Stock	30	$42.66	$1K

Holdings After Transaction: Restricted Units — 50 shares (Direct); Common Stock — 300 shares (Direct)

Footnotes (1)

1. Not applicable. Represents shares of Common Stock withheld against Restricted Units for the payment of applicable taxes. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan. They represent 100% of a grant of Restricted Units ("RUs") of February 20, 2025. The Restricted Units convert to Common Stock on a one-for-one basis.

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^*

Grindstaff Lynda

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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	03/04/2026		A		300	A	(1)	300	D
Common Stock	03/04/2026		F		30(2)	D	$42.66	270	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
Restricted Units(3)	(4)	03/04/2026		M			300	(1)	(1)	Common Stock	300	(1)	50	D

Explanation of Responses:

1. Not applicable.

2. Represents shares of Common Stock withheld against Restricted Units for the payment of applicable taxes.

3. Awarded pursuant to the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan. They represent 100% of a grant of Restricted Units ("RUs") of February 20, 2025.

4. The Restricted Units convert to Common Stock on a one-for-one basis.

Remarks:

	/s/ Nilda M. Vazquez-Rodriguez Attorney-in-Fact for Grindstaff Lynda	03/06/2026
	** 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) director Lynda Grindstaff report?

Lynda Grindstaff reported exercising 300 Restricted Units into 300 OFG Bancorp Common Stock shares and a related tax-withholding disposition of 30 shares at $42.6600 per share, leaving 270 Common Stock shares held directly and 50 Restricted Units outstanding afterward.

Was Lynda Grindstaff’s OFG (OFG) Form 4 transaction a stock sale?

The filing shows a tax-withholding disposition of 30 OFG Bancorp Common Stock shares at $42.6600 per share, used to pay applicable taxes on a 300-share equity award, rather than an open-market sale for investment purposes.

How many OFG (OFG) shares did Lynda Grindstaff acquire through equity awards?

She acquired 300 OFG Bancorp Common Stock shares on March 4, 2026 by exercising 300 Restricted Units granted under the company’s Amended and Restated 2007 Omnibus Performance Incentive Plan, which convert to Common Stock on a one-for-one basis.

How many OFG (OFG) shares does Lynda Grindstaff hold after the reported transactions?

Following the Form 4 transactions, Lynda Grindstaff holds 270 OFG Bancorp Common Stock shares directly and 50 Restricted Units, reflecting the exercise of 300 Restricted Units and the withholding of 30 shares for tax obligations.

What do the OFG (OFG) Restricted Units reported by Lynda Grindstaff represent?

The Restricted Units are awards under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan. According to the filing, they convert into Common Stock on a one-for-one basis and relate to a grant dated February 20, 2025.