Welcome to our dedicated page for OFG BANCORP SEC filings (Ticker: OFG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
OFG Bancorp filings document the regulatory record of a Puerto Rico-based financial holding company whose principal bank subsidiary is Oriental Bank. Material-event reports cover operating results, financial condition, capital management, dividends and repurchases, including banking metrics such as deposits, loan activity, credit performance and net interest margin.
The company’s proxy and shareholder-vote filings disclose board elections, advisory executive compensation votes, auditor ratification and governance matters. Securities Act registration materials describe offering disclosures, capital structure and risk factors for the holding company, while recurring 8-K reports provide formal updates on financial releases and annual meeting outcomes.
OFG Bancorp Chief Risk Officer Cesar A. Ortiz reported routine equity compensation activity. On March 10, 2026, he exercised 717 Restricted Units that convert into Common Stock on a one-for-one basis and received 717 shares of Common Stock as an award under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan, representing 33% of a February 23, 2024 Restricted Units grant. To cover applicable taxes on this vesting, 376 Common Stock shares were withheld at $41.39 per share, which is a tax-withholding disposition rather than an open-market sale. After these transactions, Ortiz directly owned 2,738 Common Stock shares, indicating a modest net increase in his direct holdings from this compensation event.
OFG Bancorp managing director of commercial banking Patrick J. Haggarty reported routine equity compensation activity. On March 10, 2026, 717 Restricted Units were converted into 717 shares of Common Stock, reflecting the vesting of part of a prior equity grant.
These units were awarded under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan and represent 33% of a Restricted Unit grant from February 23, 2024. Of the vested shares, 175 were withheld at $41.39 per share to cover applicable taxes, a non-market, tax-withholding disposition.
Following these transactions, Haggarty directly holds 30,259 shares of Common Stock and 2,037 Restricted Units, which convert to Common Stock on a one-for-one basis. The activity reflects standard compensation and tax treatment rather than open-market buying or selling.
OFG Bancorp executive Ada Garcia reported routine equity compensation activity. On March 10, 2026, she exercised 717 Restricted Units that converted into 717 shares of Common Stock on a one-for-one basis and received these shares at a price of $0.00 per share.
The award, granted under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan, represents 33% of a Restricted Unit grant dated February 23, 2024. To cover applicable taxes, 231 shares of Common Stock were withheld at $41.39 per share, a non-market, tax-withholding disposition rather than an open-market sale. After these transactions, Garcia directly holds 37,281 shares of Common Stock and 2,037 Restricted Units, reflecting ongoing alignment with shareholders through equity-based compensation.
OFG Bancorp’s Chief Retail Banking Officer Mari Evelyn Rodriguez reported routine equity compensation activity. She exercised 717 Restricted Units into the same number of Common Stock shares at no cost and received a grant or award of 717 Common Stock shares, all tied to prior restricted awards.
To cover applicable taxes, 199 Common Stock shares were withheld at a price of $41.39 per share, rather than sold in the open market. After these transactions, Rodriguez directly holds 6,979 shares of OFG Bancorp Common Stock, reflecting a compensation-related increase in ownership.
OFG Bancorp Chief Financial Officer Maritza Arizmendi exercised 1,417 Restricted Units into Common Stock and received a matching 1,417-share Common Stock award at no cash cost on March 10, 2026. The Restricted Units convert to Common Stock on a one-for-one basis.
To cover applicable taxes, 431 Common Shares were withheld at $41.39 per share, a tax-withholding disposition rather than an open-market sale. After these equity compensation transactions, Arizmendi directly holds 66,684 Common Shares and 4,011 Restricted Units.
OFG Bancorp General Counsel Hugh Gonzalez reported routine equity compensation activity. He exercised 667 Restricted Units into 667 shares of Common Stock and received a separate grant or award of 667 Common shares, both at no cash cost, under the company’s omnibus incentive plan. To cover applicable taxes, 250 Common shares were withheld at a price of $41.39 per share rather than sold on the open market. Following these transactions, Gonzalez directly owns 16,495 Common shares and 1,987 Restricted Units. The Restricted Units convert to Common Stock on a one-for-one basis, and this filing reflects a scheduled vesting and tax withholding event rather than an open-market trade.
OFG Bancorp director and CEO Jose Rafael Fernandez reported compensation-related equity activity. He exercised 5,150 Restricted Units, which convert to the same number of shares of Common Stock on a one-for-one basis, and received these shares at a stated price of $0.0000 per share.
To cover tax obligations on this vesting event, 1,667 shares of Common Stock were withheld at $41.3900 per share, rather than sold in the open market. After these transactions, Fernandez directly holds 215,008.688 shares of Common Stock and 28,045.170 Restricted Units, reflecting a routine mix of equity award settlement and tax withholding.
OFG Bancorp is registering $200,000,000 of fixed‑to‑floating rate subordinated notes due April 1, 2036. The notes pay a fixed rate until April 1, 2031, then a floating rate tied to Three‑Month Term SOFR plus a spread, with interest paid semi‑annually then quarterly.
OFG may redeem the notes at par plus accrued interest on any interest payment date beginning April 1, 2031, or earlier upon certain tax or regulatory capital events, subject to Federal Reserve approval. The notes are unsecured, subordinated obligations intended to qualify as Tier 2 capital, structurally subordinated to $10.8 billion of consolidated debt and deposits as of December 31, 2025. Net proceeds are expected to be used for general corporate purposes.
OFG Bancorp Chief Retail Banking Officer Mari Evelyn Rodriguez reported equity compensation and related tax withholding transactions in company stock. On March 4, 2026, 660 Restricted Units were converted into 660 shares of Common Stock on a one-to-one basis. She also received a grant of 660 shares of Common Stock awarded under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan, representing 33% of a February 20, 2025 Restricted Unit grant. In a separate transaction the same day, 183 shares of Common Stock, valued at $42.66 per share, were withheld to cover applicable taxes on the award.
OFG Bancorp officer Patrick J. Haggarty reported equity award activity involving restricted units and common stock. He exercised 1,410 Restricted Units that convert to Common Stock on a one-for-one basis and received 1,410 shares of Common Stock as a grant or award at no cash cost.
To cover tax obligations on these awards, 202 shares of Common Stock were withheld at $41.39 per share and 196 shares were withheld at $42.66 per share, both treated as tax-withholding dispositions. After these transactions, he directly holds 29,717 shares of Common Stock and 2,754 Restricted Units.